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Nearly New Townhome with Private Backyard
For Sale
$385,000

2881 Citrus St, Naples, FL 34120

Residential, 2 Story, Duplex, Traditional, NAPLES, FL

Property Size1,879 SF
Lot Size0.05 Acres
Price / SF$204.90
Days on Market220

Property Features for 2881 Citrus St

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Den, Laundry Room
Parking 1
Parking features Driveway
Patio and Porch features Porch
Interior features Built-In Cabinets, Closet Cabinets, Foyer, Pantry, Smoke Detectors, Volume Ceiling
Exterior features Screened Lanai/Porch
Appliances Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Subdivision ORANGE BLOSSOM RANCH
Lot features Zero Lot Line, Zero Lot Line
View Lake
Standard status Active
APN 69039021062
Size 1,879 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RANCH AT ORANGE BLOSSOM PHASE 5 LOT 882
Tax Annual Amount 4441
HOA Fee $4,292 Annually
Legal Description RANCH AT ORANGE BLOSSOM PHASE 5 LOT 882

Utilities

Heating system Electric (Heating), Central, Heat Pump (Heating)
Cooling system Ceiling Fan(s), Electric, Central Air, Heat Pump
Water front features Lake
Water front 1

Building Details

Year built 2024
Floors in Building 2
Number of units 1
Flooring type Tile, Carpet
Building materials Concrete Block, Stucco
Roof type Tile
Architectural style Other
Listing Agency: William Raveis Real Estate
Listed By: Jennifer Rosenwald · License #NAPLES-249526179
Added: Mar 13 Changed: Oct 13 Last Checked: Oct 18 at 3:06AM
MLS# 226011245

Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 2024, this nearly new townhome features 3 bedrooms and 2.5 bathrooms with approximately 1,879 square feet of thoughtfully designed living space. The interior offers an open-concept main level that connects the modern kitchen with the living and dining areas, with natural light throughout. Upstairs, the bedrooms include a primary suite with a private bath and ample closet space. The home also includes additional space for storage and functionality, and it is being offered unfurnished.

Set near the end of a quiet cul-de-sac in the Orange Blossom Ranch community, the property offers a private backyard with western exposure. Located in the Orangetree area of Naples, the community provides convenient access to shopping, dining, and local schools.

Overall, the layout supports both everyday living and entertaining, with a bright, modern feel and a backyard setting designed for relaxing evenings.

Key Highlights

  • Townhome built in 2024 with 3 bedrooms and 2.5 bathrooms
  • Approximately 1,879 SF of living space; approximately 2,178 SF total area
  • Located near the end of a quiet cul‑de‑sac

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,512
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,240 $510.2K
Cap Rate 7%
$364,457 $364.5K
Cap Rate 9%
$283,467 $283.5K
Market Conditions
NOI Build-Up for 1,879 SF
Gross rent
$48.9K $26.04/SF
− Vacancy
−$2.5K −$1.35/SF
EGI
$46.4K $24.69/SF
− OpEx
−$20.9K −$11.11/SF
NOI
$25.5K $13.58/SF
Area
Collier County, FL
Vacancy
5.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,240
Cap Rate 7%
$364,457
Cap Rate 9%
$283,467

Alternative Uses

Best Use
Apartment 5plus
$364.5K
$318.9K – $425.2K (±1% cap)
NOI $25,512 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$754.1K
$659.9K – $879.8K (±1% cap)
NOI $52,789 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Single family properties

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 34120, FL

41,026
Population
17,778
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
87%
High-School Grad
140.8 sq mi
ZIP Area
291
Density / Sq Mi
$90,695
Median Household Income
$43,959
Median Earnings
$2,067
Median Rent
$456,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Single family property - Built in 2024, this unfurnished townhome offers 3 bedrooms, 2.5 baths, and a private backyard backing west.
Where is this single family property located?
The property is located at 2881 Citrus St Naples, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Townhome built in 2024 with 3 bedrooms and 2.5 bathrooms; Approximately 1,879 SF of living space; approximately 2,178 SF total area; Located near the end of a quiet cul‑de‑sac
More about this property
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