Two-Unit Ranch
New
For Sale
$795,000
549 94th Ave N, Naples, FL 34108
Residential Income, 1 Story/Ranch, NAPLES, FL
Property Size1,600 SF
Lot Size0.15 Acres
Price / SF$496.88
Days on Market3
Property Features for 549 94th Ave N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF-6
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2
Pets allowed
Yes
Subdivision
NAPLES PARK
Lot features
Regular, Regular
Standard status
Active
APN
62700360004
Size
1,600 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NAPLES PARK UNIT 4 BLK 43 LOT 12
Tax Annual Amount
6293
Legal Description
NAPLES PARK UNIT 4 BLK 43 LOT 12
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Ceiling Fan(s), Central Air
Building Details
Year built
1970
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
William Raveis Real Estate
(239) 529-5451
Listed By:
Alexander Torcomian · License #249529851
(239) 293-6225
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 15 at 1:06AM
MLS# 226037158
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 1,600-square-foot duplex contains two matching residences, each with two bedrooms and one bathroom. Built in 1970 in a ranch style, the property has concrete-block and stucco construction, tile flooring, central heating and air conditioning, and a shingle roof. The 0.15-acre parcel includes off-street parking.
The property is west of US-41, with walking access to dining, retail, and entertainment. RMF-6 zoning is reported for the site. Both units have long-term tenants in place.
The property is west of US-41, with walking access to dining, retail, and entertainment. RMF-6 zoning is reported for the site. Both units have long-term tenants in place.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,600 square feet on a 0.15‑acre parcel
- Built in 1970; ranch‑style design with concrete‑block and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,636
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,720
$472.7K
Cap Rate 7%
$337,657
$337.7K
Cap Rate 9%
$262,622
$262.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$35.5K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$33.8K $21.10/SF
− OpEx
−$10.1K −$6.33/SF
NOI
$23.6K $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 Rate 5%
$472,720
Cap Rate 7%
$337,657
Cap Rate 9%
$262,622
Alternative Uses
Best Use
Multifamily LT 5
$337.7K
$295.5K – $393.9K
NOI $23,636 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$310.3K
$271.6K – $362.1K
NOI $21,724 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$642.2K
$561.9K – $749.2K
NOI $44,951 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 34108, FL
16,142
Population
15,211
Households
1.1
Avg Household Size
66
Median Age
62%
College-Educated
97%
High-School Grad
7.8 sq mi
ZIP Area
2,069
Density / Sq Mi
$120,187
Median Household Income
$48,565
Median Earnings
$2,099
Median Rent
$972,400
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 - Both homes are occupied by long-term tenants and offer mirrored two-bedroom, one-bath layouts.
Where is this duplex located?
The property is located at 549 94th Ave N Naples, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,600 square feet on a 0.15‑acre parcel; Built in 1970; ranch‑style design with concrete‑block and stucco construction
