Fourplex with Detached
New
For Sale
$1,330,000
2710 Santa Cruz BLVD B3, Naples, FL 34112
Four tenant-occupied townhome residences are offered together, with possession subject to existing leases.
Property Size4,432 SF
Price / SF$300.09
Days on Market3
Property Features for 2710 Santa Cruz BLVD B3
General Information
Standard status
Active
Size
4,432 SF
Total Parking Spaces
8
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Asking Price
$1,330,000
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$12,181
Amenities
private outdoor areas
mature landscaping
Building Details
Building Size
4,432 SF
Year Built
1985
Listing Agency:
Sand Dollar Realty Group Inc
Listed By:
Robert Arnold · License #261061021
(407) 389-7318
Source:
Anniehagstromfl
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 1:36AM
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 fourplex consists of four separately deeded, fee-simple townhome residences with a combined 4,432 square feet of interior living area. The units contain 8 bedrooms, 8 full bathrooms and 2 dens. Four detached one-car garages and four exterior parking spaces serve the property. Additional features include impact-rated windows, private outdoor areas and mature landscaping. Built in 1985, the residences are tenant occupied, and possession is subject to existing leases.
The property is in the Kings Lake area of Naples. A separate common-area parcel with a private pool is not included with the fourplex. The fourplex and pool parcel are offered as separate components, subject to a written agreement covering access, utilities, drainage and maintenance. Vacant development parcels are also excluded from the fourplex offering.
The property is in the Kings Lake area of Naples. A separate common-area parcel with a private pool is not included with the fourplex. The fourplex and pool parcel are offered as separate components, subject to a written agreement covering access, utilities, drainage and maintenance. Vacant development parcels are also excluded from the fourplex offering.
Key Highlights
- Four separately deeded fee‑simple townhome residences
- 4,432 SF of combined interior living area; 8 bedrooms, 8 full bathrooms and 2 dens
- Four detached one‑car garages and 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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Property Analytics
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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 townhome residences are offered together, with possession subject to existing leases.
Where is this quadplex located?
The property is located at 2710 Santa Cruz BLVD B3 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; 4,432 SF of combined interior living area; 8 bedrooms, 8 full bathrooms and 2 dens; Four detached one‑car garages and four exterior parking spaces
