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    Updated Condo in 55+ Community Title is generated by Realmo AI

    4345 27th SW Court 6-201, Naples, FL 34116

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    For Sale
    $135,000

    Updated 2BR, 2BA condo in Naples 55+ community.

    Type:Condo/Townhome
    Property size:
    735 SF
    Price / SF:
    $183/SF
    Added:
    Jan 3, 2025
    Days on Market:
    542
    Last Refresh:
    May 20 at 2:57 am

    Property Features for 4345 27th SW Court 6-201

    General Information

    Standard status
    Active
    Size
    735 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1983

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    Beverly Molitierno

    Listing office Sellstate on 5th

    Listing date Jan 3, 2025

    Source Exitrealty

    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 Sellstate on 5th

    HighLights

    • Updated 2BR, 2BA condo in a desirable location.
    • 55+ community offering amenities and activities.
    • Close proximity to downtown 5th Ave and Naples' beaches.
    • New carpet installed.
    • Secluded and private complex.
    • Affordable residence for full‑time or part‑time living.

    Overview

    This updated condo features 2 bedrooms and 2 bathrooms within a 55+ community. The property, offering 735 square feet of living space, includes new carpet. Located in a secluded and private complex, the residence is situated close to downtown 5th Avenue and Naples' beaches. The community provides various amenities and activities. Rentals are not permitted until the property has been owned for 3 years.

    Local Financial Insights For Apartment 5plus

    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 $19.1k $26.04
    − Vacancy −$995 −$1.35
    EGI $18.1k $24.69
    − OpEx −$8.2k −$11.11
    NOI $10.0k $13.58
    735 SF · lease $26.04/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $142.6K
    $124.7K – $166.3K (±1% cap)
    NOI $9,979 @ 7.0% cap · market cap 7.39%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $295.0K
    $258.1K – $344.2K (±1% cap)
    NOI $20,649 @ 7.0% cap · market cap 15.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.6908585
    Latitude
    26.177349

    FAQs

    What type of property is this?
    Residential income property - Updated 2BR, 2BA condo in Naples 55+ community.
    Where is this residential income property located?
    The property is located at 4345 27th SW Court 6-201 Naples, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Updated 2BR, 2BA condo in a desirable location.; 55+ community offering amenities and activities.; Close proximity to downtown 5th Ave and Naples' beaches.
    More about this property
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