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Property profile

1015 5Th Ave Naples, FL 34102

OFF-MARKET
Specialty properties
1,762 SF 1.45 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional 1,762 square foot office space, located at 1015 & 1013 5th Ave N in Naples, Florida, presents a unique owner-user opportunity. Situated within the desirable Municipal Plaza in the D-Downtown District, this property offers convenient access to City Hall, restaurants, a new playhouse, medical services, and the Naples building department. The space, encompassing two combined units (1013 & 1015), boasts 10-foot ceilings and two bathrooms. Recently renovated in 2024, the property features brand new impact glass storefronts. The building itself was constructed in 1974 and sits on a 1.45-acre lot, providing ample space. The property includes 120 parking spaces and convenient rear alley access with a large overhead door, offering the potential for covered parking installation. The flexible layout allows for easy modification to suit various professional office or retail uses. The entire plaza has recently undergone upgrades, and the association maintains substantial financial reserves. The property is currently vacant and available for occupancy on November 6, 2024. The asking price is $975,000. Zoned for D-DOWNTOWN DISTRICT use.

Property profile

Verified
Property type Specialty properties
Year built 1974
Total area 1,762 SF
Lot 1.45 ac (63,162 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1015 5Th Ave Naples, FL 34102
Naples metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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