1147 Steeves Ave Naples, FL 34104
This exceptional 2023-built, two-story multifamily property in Naples, Florida, presents a lucrative investment opportunity. Located at 1147 Steeves Ave, 34104, this 4-unit apartment building (duplex/triplex/quadruplex configuration) offers a total of 8 bedrooms and 6 bathrooms, spread across two generously sized units. Each unit features a gourmet kitchen, and there are also two additional kitchenettes. The property boasts two double-car garages, providing ample parking for residents. Built to a high standard with premium materials and a durable metal roof, this property promises low maintenance and long-term value. Situated at an elevated location, it's protected from flood risk. The property's prime location offers easy access to the vibrant 5th Avenue and the beautiful Naples beaches. Furthermore, Collier County has already approved plans for the addition of a two-unit, one-bedroom building at the rear of the property, presenting significant potential for future expansion and increased rental income. The asking price is $1,950,000, and partial ownership financing may be available. This is a rare chance to acquire a high-quality, low-maintenance multifamily investment in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.