Updated
For Sale
$634,900
4410 Outer Dr, Naples, FL 34112
Both residences have renovated bathrooms, with additional interior improvements completed at different times.
Property Size1,900 SF
Price / SF$334.16
Days on Market11
Property Features for 4410 Outer Dr
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Building Details
Year Built
1985
Listing Agency:
Premiere Plus Realty Company
Listed By:
Todd Mulholland · License #N634377
(239) 450-1523
Source:
Naplesareahomesearch
Added: Oct 18
Changed: Oct 26
Last Checked: Oct 28 at 8:28AM
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 Premiere Plus Realty Company
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Investment Insights
Based on property information with market context.
This 1,900-square-foot duplex was built in 1985 and includes two units. Unit A received bathroom renovations and new flooring in 2022. Unit B had its bathrooms remodeled in 2019 and kitchen cabinetry replaced in 2025. The property also has a 2024 roof and a recently replaced water heater.
Located in Naples near Sugden Regional Park, the property is within convenient reach of local boat ramps, Gulf beaches, shopping, and dining. One unit is owner-occupied, and the stated income reflects rent from only the other unit.
Located in Naples near Sugden Regional Park, the property is within convenient reach of local boat ramps, Gulf beaches, shopping, and dining. One unit is owner-occupied, and the stated income reflects rent from only the other unit.
Key Highlights
- Two‑unit duplex totaling 1,900 square feet
- Unit A bathrooms and flooring updated in 2022
- Unit B bathrooms remodeled in 2019; kitchen cabinetry replaced in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,067
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,340
$561.3K
Cap Rate 7%
$400,957
$401.0K
Cap Rate 9%
$311,856
$311.9K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$42.2K $22.20/SF
− Vacancy
−$2.1K −$1.10/SF
EGI
$40.1K $21.10/SF
− OpEx
−$12.0K −$6.33/SF
NOI
$28.1K $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%
$561,340
Cap Rate 7%
$400,957
Cap Rate 9%
$311,856
Alternative Uses
Best Use
Multifamily LT 5
$401.0K
$350.8K – $467.8K
NOI $28,067 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$368.5K
$322.5K – $430.0K
NOI $25,797 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$762.6K
$667.2K – $889.7K
NOI $53,379 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
745
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?
Duplex - Both residences have renovated bathrooms, with additional interior improvements completed at different times.
Where is this duplex located?
The property is located at 4410 Outer Dr Naples, FL.
What is the asking price?
The asking price for this property is $634,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,900 square feet; Unit A bathrooms and flooring updated in 2022; Unit B bathrooms remodeled in 2019; kitchen cabinetry replaced in 2025
