Courtyard
New
For Sale
$1,549,000
559/563 105th Ave N, Naples, FL 34108
Residential Income, Duplex, Florida, NAPLES, FL
Property Size3,300 SF
Lot Size0.15 Acres
Price / SF$469.39
Days on Market3
Property Features for 559/563 105th Ave N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF-6
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 7
Patio and Porch features
Patio
Pets allowed
Yes
Pool private
1
Subdivision
NAPLES PARK
Lot features
Regular, Regular
Standard status
Active
APN
62842920001
Size
3,300 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NAPLES PARK UNIT 6 BLK 75 LOT 9
Tax Annual Amount
6717
Legal Description
NAPLES PARK UNIT 6 BLK 75 LOT 9
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Amenities
pool
courtyard
Building Details
Year built
1972
Number of units
4
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
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# 226037165
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 RMF-6-zoned quadplex contains four residences with a combined 7 bedrooms and 4 bathrooms across 3,300 square feet. The 0.15-acre property includes a courtyard, ample parking, new fencing, and a private pool completed in 2022. Built in 1972, the building has concrete block and stucco construction, tile flooring, and central heating and air conditioning.
The property is 1.0 mile from the beach. Mercato, the Ritz-Carlton, Waterside Shops, and North Naples restaurants are also identified as nearby destinations.
The property is 1.0 mile from the beach. Mercato, the Ritz-Carlton, Waterside Shops, and North Naples restaurants are also identified as nearby destinations.
Key Highlights
- Four separate residences with 7 bedrooms and 4 bathrooms
- 3,300 square feet on a 0.15‑acre lot
- Private pool completed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,749
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,980
$975.0K
Cap Rate 7%
$696,414
$696.4K
Cap Rate 9%
$541,656
$541.7K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$73.3K $22.20/SF
− Vacancy
−$3.6K −$1.10/SF
EGI
$69.6K $21.10/SF
− OpEx
−$20.9K −$6.33/SF
NOI
$48.7K $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%
$974,980
Cap Rate 7%
$696,414
Cap Rate 9%
$541,656
Alternative Uses
Best Use
Multifamily LT 5
$696.4K
$609.4K – $812.5K
NOI $48,749 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$640.1K
$560.1K – $746.8K
NOI $44,805 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.32M
$1.16M – $1.55M
NOI $92,711 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
303
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate residences share a private pool and courtyard, with Vanderbilt Beach one mile away.
Where is this quadplex located?
The property is located at 559/563 105th Ave N Naples, FL.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Four separate residences with 7 bedrooms and 4 bathrooms; 3,300 square feet on a 0.15‑acre lot; Private pool completed in 2022
