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Nearly New Duplex Villa

3980 Estero Bay Ln Naples, FL 34112

3980 Estero Bay Ln, Naples, FL, 34112
$394,995
For Sale
$394,995

SINGLE_FAMILY - Other - NAPLES, FL

Property Size1,374 SF
Price / SF$287.48
Days on Market96

Property Features for 3980 Estero Bay Ln

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bathroom 1, Bathroom 2, Family Room, Bedroom 1, Bedroom 3
Parking
1
Parking features
Driveway
Window features
Window Coverings
Patio and Porch features
Patio
Interior features
Built-In Cabinets, Closet Cabinets, Smoke Detectors, Window Coverings
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Washer
Standard status
Active
APN
54051960006
Size
1,374 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
LAKEWOOD UNIT 1, A PORT OF BLK F NKA LAKEWOOD VILLAS I (HO) LOT F-23
Tax Annual Amount
3226

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air

Building Details

Year built
1974
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency Downing Frye Realty Inc.
8950 Fontana del Sol Way #100, Naples, FL
Listed by James Kux · License #NAPLES-249518110
Added: Apr 16 Updated: Jul 11 at 12:35 pm Checked: Jul 20 at 3:06 pm
MLS# 226015908 Listing URL

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.


Investment Insights

Based on property information with market context.

This nearly new 3-bedroom, 2-bath duplex villa is set up as one of only two villas in the building. The home has received extensive recent improvements, including new kitchen and bathrooms, new appliances within the last two years, and updated flooring. Major systems and interior components have also been refreshed, with a new roof, AC, electric wiring, pipes, drywall, and paint. Additional features include all impact windows and doors, with rear shutters, plus insulation replacement aimed at improving energy performance. The garage and driveway have been updated with a new epoxy garage floor and blacktop driveway surface.

The property is located on The Glades golf course with a backyard and golf course view, and a private setting set back from the other villas. Convenient access is noted to downtown Naples, beaches, I-75, US 41, shopping, restaurants, and other amenities.

At 3980 Estero Bay Ln in Naples, this duplex villa offers a turn-key presentation with a large backyard and golf course outlook.

Key Highlights

  • 3‑bedroom, 2‑bath duplex villa on The Glades golf course with a golf course view
  • All‑new major updates listed: appliances, flooring, roof, AC, electric wiring, pipes, drywall, and paint (with appliances in last 2 years)
  • Brand‑new kitchen and bathrooms

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.5k $22.20
− Vacancy −$1.5k −$1.10
EGI $29.0k $21.10
− OpEx −$8.7k −$6.33
NOI $20.3k $14.77
1,374 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$290.0K
$253.7K – $338.3K (±1% cap)
NOI $20,297 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$266.5K
$233.2K – $310.9K (±1% cap)
NOI $18,655 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$551.4K
$482.5K – $643.4K (±1% cap)
NOI $38,601 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Daycare Center Bakery Storage Facility Grocery & Convenience Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Nearly new 3-bedroom, 2-bath duplex villa with recent upgrades including impact windows and doors.
Where is this duplex located?
The property is located at 3980 Estero Bay Ln Naples, FL.
What is the asking price?
The asking price for this property is $394,995.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath duplex villa on The Glades golf course with a golf course view; All‑new major updates listed: appliances, flooring, roof, AC, electric wiring, pipes, drywall, and paint (with appliances in last 2 years); Brand‑new kitchen and bathrooms
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More about this property
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