Duplex with Separate
For Sale
$775,000
685 95th Ave N, Naples, FL 34108
Two separately metered units support rental, seasonal, or owner-occupant arrangements.
Property Size1,492 SF
Price / SF$519.44
Days on Market118
Property Features for 685 95th Ave N
General Information
Standard status
Active
Size
1,492 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 1BR+den/1.5BA
Multifamily Units
2
Building Details
Year Built
1968
Buildings
1
Listing Agency:
Realty One Group MVP
Listed By:
Steven Hayden, LLC
Source:
Propertiesforsaleinswflorida
Added: Jun 10
Changed: Oct 1
Last Checked: Oct 5 at 7:16PM
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 Realty One Group MVP
Investment Insights
Based on property information with market context.
This 1968 duplex includes two distinct residential units with central air conditioning and separate water and electric meters. The front residence contains 1 bedroom and 1 full bathroom, while the rear unit offers 1 bedroom, a den, and 1.5 bathrooms. The den adds adaptable interior space for an office, guest room, or extended-stay accommodation.
Located at 685 95TH Avenue N in Naples, the property is minutes from Gulf beaches and the shopping, dining, and entertainment at Mercato. The surrounding area includes new luxury construction. The unit configuration supports multiple operating approaches, including leasing both residences, occupying one while renting the other, and seasonal or short-term rental use.
Located at 685 95TH Avenue N in Naples, the property is minutes from Gulf beaches and the shopping, dining, and entertainment at Mercato. The surrounding area includes new luxury construction. The unit configuration supports multiple operating approaches, including leasing both residences, occupying one while renting the other, and seasonal or short-term rental use.
Key Highlights
- Duplex with front 1‑bedroom, 1‑bath unit and rear 1‑bedroom‑plus‑den, 1.5‑bath unit
- Built in 1968
- Central air conditioning in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,040
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,800
$440.8K
Cap Rate 7%
$314,857
$314.9K
Cap Rate 9%
$244,889
$244.9K
Market Conditions
NOI Build-Up for 1,492 SF
Gross rent
$33.1K $22.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$31.5K $21.10/SF
− OpEx
−$9.4K −$6.33/SF
NOI
$22.0K $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%
$440,800
Cap Rate 7%
$314,857
Cap Rate 9%
$244,889
Alternative Uses
Best Use
Multifamily LT 5
$314.9K
$275.5K – $367.3K
NOI $22,040 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$289.4K
$253.2K – $337.6K
NOI $20,257 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$598.8K
$524.0K – $698.6K
NOI $41,917 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,234
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 - Two separately metered units support rental, seasonal, or owner-occupant arrangements.
Where is this duplex located?
The property is located at 685 95th Ave N Naples, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Duplex with front 1‑bedroom, 1‑bath unit and rear 1‑bedroom‑plus‑den, 1.5‑bath unit; Built in 1968; Central air conditioning in both units
