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End-Unit Flex Space

416-3899 Mannix Dr, Naples, FL 34114

For Sale
$440,000

Clean commercial unit with dedicated office area, upgraded air conditioning, security equipment, and convenient highway access.

Property Size1,500 SF
Price / SF$293.33
Days on Market58

Property Features for 416-3899 Mannix Dr

General Information

Standard status Active
Size 1,500 SF

Additional Details

Highway Access Yes
Office Build-Out 300 SF

Taxes and HOA fees

Annual Taxes $3,445

Amenities

Security system
Listing Agency: The Real Estate Co of Naples
Listed By: Christian Horky
Source: Exprealty
Added: Sep 14 Changed: Nov 3 Last Checked: Nov 8 at 11:11AM

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 The Real Estate Co of Naples

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Investment Insights

Based on property information with market context.

This end-unit flex property offers 1,500 square feet of total space, including approximately 300 square feet of office area. The unit features a 14-foot roll-up door, a new AC unit, and an installed security system. The space is described as very clean and is suited to flexible commercial or warehouse operations.

The property is located at 416-3899 Mannix Dr in Naples, Florida, with access to 75 and 951.

Key Highlights

  • 1,500 SF total space with approximately 300 SF of office area
  • 14‑foot roll‑up door
  • End‑unit configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,033
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,660 $260.7K
Cap Rate 7%
$186,186 $186.2K
Cap Rate 9%
$144,811 $144.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$15.8K $10.56/SF
− Vacancy
−$507 −$0.34/SF
EGI
$15.3K $10.22/SF
− OpEx
−$2.3K −$1.53/SF
NOI
$13.0K $8.69/SF
Area
Collier County, FL
Vacancy
3.20%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,660
Cap Rate 7%
$186,186
Cap Rate 9%
$144,811

Alternative Uses

Best Use
Warehouse
$186.2K
$162.9K – $217.2K (±1% cap)
NOI $13,033 @ 7.0% cap · market cap 2.96%
Second Best
Flex RnD
$174.2K
$152.4K – $203.2K (±1% cap)
NOI $12,194 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$602.0K
$526.8K – $702.4K (±1% cap)
NOI $42,141 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Food Market Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34114, FL

21,343
Population
16,381
Households
1.3
Avg Household Size
62
Median Age
41%
College-Educated
90%
High-School Grad
176.6 sq mi
ZIP Area
121
Density / Sq Mi
$81,314
Median Household Income
$38,467
Median Earnings
$1,993
Median Rent
$469,900
Median Home Value

Market

Average Price Trend$/SF for Flex space in Naples, FL

$410 Jul
$355 Aug
$365 Sep
$267 Oct

Properties on Market for Flex space in Naples

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Clean commercial unit with dedicated office area, upgraded air conditioning, security equipment, and convenient highway access.
Where is this flex space located?
The property is located at 416-3899 Mannix Dr Naples, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1,500 SF total space with approximately 300 SF of office area; 14‑foot roll‑up door; End‑unit configuration
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