Ranch
For Sale
$525,000
5214 Sholtz St, Naples, FL 34113
MULTI_FAMILY - Ranch - NAPLES, FL
Property Size1,664 SF
Lot Size0.33 Acres
Price / SF$315.50
Days on Market196
Property Features for 5214 Sholtz St
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
8
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4
Pets allowed
Yes
Subdivision
NAPLES MANOR
Standard status
Active
APN
62156440002
Size
1,664 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
NAPLES MANOR ANNEX BLK 10 LOT 3 + 4, LESS SWLY 15FT OF LT 3 OR 1961 PG 2220
Tax Annual Amount
4787
Legal Description
NAPLES MANOR ANNEX BLK 10 LOT 3 + 4, LESS SWLY 15FT OF LT 3 OR 1961 PG 2220
Utilities
Cooling system
Wall Unit(s)
Building Details
Year built
1979
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Xclusive Homes LLC
(239) 228-6242
Listed By:
Bob Douyon
(239) 692-1993
Added: Feb 1
Changed: Aug 13
Last Checked: Aug 16 at 10:06PM
MLS# 226005144
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 ranch duplex offers concrete block and stucco construction with tile flooring and wall unit cooling. Built in 1979, the property totals 1,664 square feet on a 0.33-acre lot. The roof was newly installed on 4/9/25, and new electrical boxes were installed in 2025.
The duplex is located at 5214 Sholtz St, Naples, FL 34113 in Collier County. Tenant occupancy means showings require 24-hour notice. Zoning is listed as 8.
The home includes multiple bedrooms and bathrooms across two units, making it suited for an owner who wants to occupy one side while renting the other.
The duplex is located at 5214 Sholtz St, Naples, FL 34113 in Collier County. Tenant occupancy means showings require 24-hour notice. Zoning is listed as 8.
The home includes multiple bedrooms and bathrooms across two units, making it suited for an owner who wants to occupy one side while renting the other.
Key Highlights
- Ranch duplex on 0.33‑acre lot
- 1,664 SF total area
- Concrete block and stucco construction with tile flooring
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
$24,581
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
4.68%
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%
$491,620
$491.6K
Cap Rate 7%
$351,157
$351.2K
Cap Rate 9%
$273,122
$273.1K
Market Conditions
NOI Build-Up for 1,664 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
$36.9K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$35.1K $21.10/SF
− OpEx
−$10.5K −$6.33/SF
NOI
$24.6K $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%
$491,620
Cap Rate 7%
$351,157
Cap Rate 9%
$273,122
Alternative Uses
Best Use
Multifamily LT 5
$351.2K
$307.3K – $409.7K
NOI $24,581 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$322.8K
$282.4K – $376.6K
NOI $22,593 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$667.8K
$584.4K – $779.2K
NOI $46,749 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Explore this area
Business Placement
Demographics for 34113, FL
23,740
Population
16,461
Households
1.4
Avg Household Size
57
Median Age
40%
College-Educated
87%
High-School Grad
25.9 sq mi
ZIP Area
917
Density / Sq Mi
$76,539
Median Household Income
$37,070
Median Earnings
$1,888
Median Rent
$450,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Concrete block and stucco duplex with tile floors and wall unit cooling, tenant occupied with 24-hour notice required.
Where is this duplex located?
The property is located at 5214 Sholtz St Naples, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Ranch duplex on 0.33‑acre lot; 1,664 SF total area; Concrete block and stucco construction with tile flooring
