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Lake-View Duplex Residence

8140 Chancel Ct, Naples, FL 34104

For Sale
$429,900

Residential, Duplex, NAPLES, FL

Property Size1,668 SF
Price / SF$257.73
Days on Market208

Property Features for 8140 Chancel Ct

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bedroom 3, Family Room, Bathroom 1, Bedroom 1
Parking 2
Patio and Porch features Porch
Exterior features Screened Lanai/Porch, Tennis Court(s)
Appliances Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Washer
Subdivision THE SANCTUARY
Lot features Zero Lot Line, Zero Lot Line
View Lake
Standard status Active
APN 71876002449
Size 1,668 SF

Taxes and HOA fees

Tax Year 2024
Tax Description SANCTUARY AT BLUE HERON, THE A CONDOMINIUM BLDG 61-02
Tax Annual Amount 3535
HOA Fee $8,028 Annually
Legal Description SANCTUARY AT BLUE HERON, THE A CONDOMINIUM BLDG 61-02

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water front features Lake
Water front 1

Amenities

pool
fitness center
pickleball
gated

Building Details

Year built 2005
Floors in Building 1
Number of units 2
Flooring type Tile
Building materials Concrete Block, Stucco
Roof type Tile
Architectural style Other
Listing Agency: Realty One Group MVP
Listed By: Jason Clifford · License FL #249527928
Added: Apr 16 Changed: Oct 31 Last Checked: Nov 9 at 12:06PM
MLS# 226033976

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,668-square-foot duplex residence includes three bedrooms, two bathrooms, a family room, vaulted ceilings, tile flooring, and a screened lanai. The home has a lake view and sits on a cul-de-sac within a gated development. Recent improvements include a heat pump and AC installed in 2024, an electric garage door opener added in 2024, and a hot water heater replaced in 2021.

Community features include a resort-style pool, fitness center, pickleball, and tennis courts. HOA services cover water, sewer, garbage, upgraded TV, high-speed internet, and exterior maintenance that includes landscaping and tile roof repair. The property is near Publix, Great Wolf Lodge, and medical facilities, with no golf course fees identified. Furniture is optional.

Key Highlights

  • 1,668‑square‑foot duplex residence with 3 bedrooms and 2 bathrooms
  • Lake view location on a cul‑de‑sac within a gated development
  • New heat pump and AC installed in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,640
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,800 $492.8K
Cap Rate 7%
$352,000 $352.0K
Cap Rate 9%
$273,778 $273.8K
Market Conditions
NOI Build-Up for 1,668 SF
Gross rent
$37.0K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$35.2K $21.10/SF
− OpEx
−$10.6K −$6.33/SF
NOI
$24.6K $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%
$492,800
Cap Rate 7%
$352,000
Cap Rate 9%
$273,778

Alternative Uses

Best Use
Multifamily LT 5
$352.0K
$308.0K – $410.7K (±1% cap)
NOI $24,640 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$323.5K
$283.1K – $377.5K (±1% cap)
NOI $22,647 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$669.4K
$585.8K – $781.0K (±1% cap)
NOI $46,861 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 34104, FL

25,485
Population
16,062
Households
1.6
Avg Household Size
53
Median Age
33%
College-Educated
91%
High-School Grad
9.9 sq mi
ZIP Area
2,574
Density / Sq Mi
$70,301
Median Household Income
$40,680
Median Earnings
$1,742
Median Rent
$348,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Naples, FL

$464 Jul
$362 Aug
$365 Sep
$357 Oct

Properties on Market for Duplexes in Naples

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Gated community residence with vaulted ceilings, a screened lanai, and access to resort-style amenities.
Where is this duplex located?
The property is located at 8140 Chancel Ct Naples, FL.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1,668‑square‑foot duplex residence with 3 bedrooms and 2 bathrooms; Lake view location on a cul‑de‑sac within a gated development; New heat pump and AC installed in 2024
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