Four-Residence Townhome
2710 Santa Cruz Blvd, Naples, FL 34112
For Sale
$1,330,000
Four tenant-occupied, separately deeded homes offer private outdoor areas and dedicated parking.
Property Size7,811 SF
Price / SF$300.09
Days on Market22
Property Features for 2710 Santa Cruz Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Additional Details
Asking Price
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Sand Dollar Realty Group Inc
Listed By:
Robert Arnold, Jr · License FL #627826
(407) 389-7318
Source:
Elliman
Added: Oct 23
Changed: Nov 12
Last Checked: Nov 12 at 7:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sand Dollar Realty Group Inc
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Investment Insights
Based on property information with market context.
This 1985 quadplex comprises four separately deeded, fee-simple townhome residences with approximately 4,432 square feet of combined interior living area. The homes contain 8 bedrooms, 8 full bathrooms and 2 dens. Certified impact-rated windows and private outdoor areas serve the residences, which are occupied under existing leases.
Parking includes four detached one-car garages and four exterior spaces. The separately deeded common-area and private-pool parcel is not included in the four-residence offering.
Parking includes four detached one-car garages and four exterior spaces. The separately deeded common-area and private-pool parcel is not included in the four-residence offering.
Key Highlights
- Four separately deeded, fee‑simple townhome residences
- Approximately 4,432 SF with 8 bedrooms, 8 full bathrooms and 2 dens
- Four detached one‑car garages plus four exterior parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,471
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,420
$1.3M
Cap Rate 7%
$935,300
$935.3K
Cap Rate 9%
$727,456
$727.5K
Market Conditions
NOI Build-Up for 4,432 SF
Gross rent
$98.4K $22.20/SF
− Vacancy
−$4.9K −$1.10/SF
EGI
$93.5K $21.10/SF
− OpEx
−$28.1K −$6.33/SF
NOI
$65.5K $14.77/SF
Area
Collier County, FL
Vacancy
4.94%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,420
Cap Rate 7%
$935,300
Cap Rate 9%
$727,456
Alternative Uses
Best Use
Multifamily LT 5
$935.3K
$818.4K – $1.09M
NOI $65,471 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$859.6K
$752.2K – $1.00M
NOI $60,174 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,514 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
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Business Placement
Demographics for 34112, FL
26,625
Population
20,626
Households
1.3
Avg Household Size
60
Median Age
35%
College-Educated
91%
High-School Grad
14.8 sq mi
ZIP Area
1,799
Density / Sq Mi
$68,838
Median Household Income
$34,300
Median Earnings
$1,529
Median Rent
$293,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four tenant-occupied, separately deeded homes offer private outdoor areas and dedicated parking.
Where is this quadplex located?
The property is located at 2710 Santa Cruz Blvd Naples, FL.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: Four separately deeded, fee‑simple townhome residences; Approximately 4,432 SF with 8 bedrooms, 8 full bathrooms and 2 dens; Four detached one‑car garages plus four exterior parking spaces
