Renovated Retail/Office
B8-1025 5th Ave N Naples, FL 34102
New
B8-1025 5th Ave N, Naples, FL, 34102
$525,000
For Sale
$525,000
Renovated 881 SF retail/office condo with impact glass windows and doors, plus an HVAC system about three years old.
Property Size881 SF
Price / SF$595.91
Days on Market7
Property Features for B8-1025 5th Ave N
General Information
- Standard status
- Active
- Size
- 881 SF
Listing agency
John R Wood Properties
(239) 961-1545
Listed by
Danny Batatt
(239) 961-1545
Source
Exprealty
Added: Jul 16 Updated: Jul 22 at 1:48AM Checked: Jul 22 at 7:51AM
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 John R Wood Properties
Investment Insights
Based on property information with market context.
Renovated 881 SF retail/office condo located in Municipal Plaza. The space features a full build-out with impact glass windows and doors and includes an HVAC system approximately three years old.
The property is part of a single-story building with storefront frontage and rear access. D-Downtown zoning supports a range of uses including showroom, retail, office, gallery, and professional.
An association fee of $1,500 per quarter applies. Buyer and buyer’s agent should verify all measurements, zoning, and permitted uses.
The property is part of a single-story building with storefront frontage and rear access. D-Downtown zoning supports a range of uses including showroom, retail, office, gallery, and professional.
An association fee of $1,500 per quarter applies. Buyer and buyer’s agent should verify all measurements, zoning, and permitted uses.
Key Highlights
- Renovated 881 SF retail/office condo in Municipal Plaza on 5th Ave N in downtown Naples
- Full build‑out with impact glass windows and doors
- HVAC system approximately 3 years old
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.4k | $30.00 |
| − Vacancy | −$2.2k | −$2.55 |
| EGI | $24.2k | $27.45 |
| − OpEx | −$6.0k | −$6.86 |
| NOI | $18.1k | $20.59 |
881 SF · lease $30.00/SF/yr · vacancy 8.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$259.1K
$226.7K – $302.3K
NOI $18,138 @ 7.0% cap · market cap 3.45%
Second Best
Retail
$153.3K
$134.1K – $178.8K
NOI $10,728 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$353.6K
$309.4K – $412.5K
NOI $24,751 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Forever Fiore Luxury Floral — 850 Central Ave #140, Naples, FL 34102, United States
- Silk & Co. — 405 9th St S, Naples, FL 34102
- Naples Flowers — 979 1st Ave N, Naples, FL 34102
FAQs
What type of property is this?
Storefront property - Renovated 881 SF retail/office condo with impact glass windows and doors, plus an HVAC system about three years old.
Where is this storefront property located?
The property is located at B8-1025 5th Ave N Naples, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Renovated 881 SF retail/office condo in Municipal Plaza on 5th Ave N in downtown Naples; Full build‑out with impact glass windows and doors; HVAC system approximately 3 years old
