New Construction Duplex with Impact
For Sale
$825,000
Pending
5255 CORONADO PARKWAY, Naples, FL 34116
Income-oriented duplex with two three-bedroom residences, private laundry rooms, and flexible four-unit floorplan design.
Property Size2,667 SF
Days on Market514
Property Features for 5255 CORONADO PARKWAY
General Information
Standard status
Pending
Size
2,667 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$1,933
Building Details
Year Built
2025
Listing Agency:
239REALESTATEDEALS.COM LLC
(239) 360-5527
Listed By:
Barry Hoey, Hoey · License #3279173
(239) 360-5527
Source:
Exitrealty
Added: Apr 4, 2025
Changed: Aug 29
Last Checked: Aug 29 at 8:16PM
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 239REALESTATEDEALS.COM LLC
Investment Insights
Based on property information with market context.
This 2025-built duplex is configured with two three-bedroom, two-bath residences and totals 2,667 square feet. Each side includes a laundry room, while the floorplan can support a four-unit arrangement. Interior and exterior work includes vinyl plank flooring, PGT impact windows, a colored metal roof, stucco, drywall, bathrooms, showers, and floor tile. The property is set on a 0.34-acre lot measuring 120 feet wide by 125 feet deep and carries an AH flood zone designation.
The duplex is located at 5255 Coronado Parkway in Naples, near Santa Barbara Boulevard and within Golden Gate City. It is currently under construction; the seller plans to complete the driveways, kitchens, and air-conditioning systems and obtain a certificate of occupancy by the end of December 2025. No HOA fees are associated with the property.
The duplex is located at 5255 Coronado Parkway in Naples, near Santa Barbara Boulevard and within Golden Gate City. It is currently under construction; the seller plans to complete the driveways, kitchens, and air-conditioning systems and obtain a certificate of occupancy by the end of December 2025. No HOA fees are associated with the property.
Key Highlights
- 2025‑built duplex with 2,667 square feet
- Two three‑bedroom, two‑bath residences with laundry rooms on each side
- Flexible floorplan that can be used as four units
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
$39,398
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
4.78%
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%
$787,960
$788.0K
Cap Rate 7%
$562,829
$562.8K
Cap Rate 9%
$437,756
$437.8K
Market Conditions
NOI Build-Up for 2,667 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
$59.2K $22.20/SF
− Vacancy
−$2.9K −$1.10/SF
EGI
$56.3K $21.10/SF
− OpEx
−$16.9K −$6.33/SF
NOI
$39.4K $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%
$787,960
Cap Rate 7%
$562,829
Cap Rate 9%
$437,756
Alternative Uses
Best Use
Multifamily LT 5
$562.8K
$492.5K – $656.6K
NOI $39,398 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$517.3K
$452.6K – $603.5K
NOI $36,211 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.07M
$936.6K – $1.25M
NOI $74,927 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 34116, FL
31,538
Population
11,081
Households
2.8
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
3,391
Density / Sq Mi
$69,204
Median Household Income
$35,573
Median Earnings
$1,663
Median Rent
$392,700
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 - Income-oriented duplex with two three-bedroom residences, private laundry rooms, and flexible four-unit floorplan design.
Where is this duplex located?
The property is located at 5255 CORONADO PARKWAY Naples, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 2025‑built duplex with 2,667 square feet; Two three‑bedroom, two‑bath residences with laundry rooms on each side; Flexible floorplan that can be used as four units
