Duplex with Private
7603 Novara Ct, Naples, FL 34114
For Sale
New
$539,000
Residential, Duplex, NAPLES, FL
Property Size1,540 SF
Price / SF$350
Days on Market1
Property Features for 7603 Novara Ct
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Security features
Window features
Patio and Porch features
Pets allowed
Pool private
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Heating system
Cooling system
Water front
Amenities
pool
screened lanai
central vacuum
garbage disposal
electric shades
crown molding
activities director
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Keller Williams Elite Realty · Keller Williams Realty
(239) 949-8338
Listed By:
Irene Malfa
(631) 561-7533
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 226041380
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.
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Investment Insights
Based on property information with market context.
This 1,540-square-foot duplex residence, built in 2005, features two master suites, a den, and a screened lanai with a water view. The home has poured-concrete construction and a private pool. Recent updates include a resurfaced pool and newer heater, pump, filter, roof, appliances, hot water heater, and A/C air handler. Hurricane protection includes an impact-resistant steel entry door, electric lanai shutters, and accordion window shutters. The property also has a driveway, tile flooring, and a washer and dryer.
The property is in Naples, with the source describing proximity to Marco Island and downtown Naples. Community amenities include tennis courts, and an on-site activities director is present. A FEMA LOMA on file for the community indicates Flood Zone X, according to the property information.
The property is in Naples, with the source describing proximity to Marco Island and downtown Naples. Community amenities include tennis courts, and an on-site activities director is present. A FEMA LOMA on file for the community indicates Flood Zone X, according to the property information.
Key Highlights
- 1,540 square feet with two master suites and a den
- Private pool with recently resurfaced surface and newer heater, pump, and filter
- Screened lanai with a water view
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,749
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,980
$455.0K
Cap Rate 7%
$324,986
$325.0K
Cap Rate 9%
$252,767
$252.8K
Market Conditions
NOI Build-Up for 1,540 SF
Gross rent
$34.2K $22.20/SF
− Vacancy
−$1.7K −$1.10/SF
EGI
$32.5K $21.10/SF
− OpEx
−$9.7K −$6.33/SF
NOI
$22.7K $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%
$454,980
Cap Rate 7%
$324,986
Cap Rate 9%
$252,767
Alternative Uses
Best Use
Multifamily LT 5
$325.0K
$284.4K – $379.2K
NOI $22,749 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$298.7K
$261.4K – $348.5K
NOI $20,909 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$618.1K
$540.8K – $721.1K
NOI $43,265 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
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Business Placement
Demographics for 34114, FL
21,343
Population
16,381
Households
1.3
Avg Household Size
62
Median Age
41%
College-Educated
90%
High-School Grad
176.6 sq mi
ZIP Area
121
Density / Sq Mi
$81,314
Median Household Income
$38,467
Median Earnings
$1,993
Median Rent
$469,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Naples, FL
Properties on Market for Duplexes in Naples
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 1,540-square-foot residence includes two master suites and a screened lanai overlooking water.
Where is this duplex located?
The property is located at 7603 Novara Ct Naples, FL.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 1,540 square feet with two master suites and a den; Private pool with recently resurfaced surface and newer heater, pump, and filter; Screened lanai with a water view
