End-Unit Duplex with Screened
For Sale
$454,900
4636 Skysail Dr, Naples, FL 34120
Residential, Duplex, End-Unit, Florida, NAPLES, FL
Property Size1,848 SF
Lot Size0.13 Acres
Price / SF$246.16
Days on Market9
Property Features for 4636 Skysail Dr
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Den, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Laundry Room
Parking
2
Patio and Porch features
Porch, Patio
Interior features
Built-In Cabinets, Coffered Ceiling(s), French Doors, Pantry, Smoke Detectors
Exterior features
Screened Lanai/Porch
Appliances
Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Tankless Water Heater, Washer
Subdivision
SKYSAIL
Elementary school
CORKSCREW ELEMENTARY
Middle school
CORKSCREW MIDDLE
High school
PALMETTO RIDGE HS
Standard status
Active
APN
73650009828
Size
1,848 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SKYSAIL PHASE TWO LOT 438
Tax Annual Amount
6957
HOA Fee
$3,704 Annually
Legal Description
SKYSAIL PHASE TWO LOT 438
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
resort-style pool
lap pool
fitness center
tennis and pickleball courts
lakehouse/clubhouse
walking and biking trails
Building Details
Year built
2025
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Additional Structures
Cabana
Listing Agency:
Realty One Group MVP
(800) 896-8790
Listed By:
Katherine Daniels
(239) 634-4720
Added: Sep 18
Last Checked: Sep 26 at 5:06PM
MLS# 226033834
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 1,848-square-foot duplex residence in Skysail was built in 2025 and includes three bedrooms, two bathrooms, and a den that can serve as an office, hobby room, or guest area. The open interior features tile and carpet flooring, coffered ceilings, French doors, built-in cabinetry, and a pantry. Its kitchen is equipped with quartz countertops, a gas cooktop, stainless steel appliances, and a center island. A screened lanai extends the living area outdoors, while the home also includes a laundry room, tankless water heater, tile roof, and concrete block and stucco construction.
Community amenities include a resort-style pool, lap pool, fitness center, tennis and pickleball courts, lakehouse/clubhouse, and walking and biking trails. The property is located in Naples near shopping, dining, and beaches. Natural gas service and low HOA fees are also identified in the property information.
Community amenities include a resort-style pool, lap pool, fitness center, tennis and pickleball courts, lakehouse/clubhouse, and walking and biking trails. The property is located in Naples near shopping, dining, and beaches. Natural gas service and low HOA fees are also identified in the property information.
Key Highlights
- 1,848‑square‑foot duplex residence built in 2025
- Three bedrooms, two bathrooms, and a versatile den
- Screened lanai/porch for outdoor living
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,299
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,980
$546.0K
Cap Rate 7%
$389,986
$390.0K
Cap Rate 9%
$303,322
$303.3K
Market Conditions
NOI Build-Up for 1,848 SF
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.
Gross rent
$41.0K $22.20/SF
− Vacancy
−$2.0K −$1.10/SF
EGI
$39.0K $21.10/SF
− OpEx
−$11.7K −$6.33/SF
NOI
$27.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,980
Cap Rate 7%
$389,986
Cap Rate 9%
$303,322
Alternative Uses
Best Use
Multifamily LT 5
$390.0K
$341.2K – $455.0K
NOI $27,299 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$358.4K
$313.6K – $418.2K
NOI $25,091 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$741.7K
$649.0K – $865.3K
NOI $51,918 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 2025, this Naples residence offers three bedrooms, a den, and access to extensive community amenities.
Where is this duplex located?
The property is located at 4636 Skysail Dr Naples, FL.
What is the asking price?
The asking price for this property is $454,900.
What are key features of this property?
This property features: 1,848‑square‑foot duplex residence built in 2025; Three bedrooms, two bathrooms, and a versatile den; Screened lanai/porch for outdoor living
