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Property profile & analytics
OFF-MARKET
Small apartment buildings

1147 Steeves Ave Naples, FL 34104

Built 2023
Property ID
US18-0712938
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 2023
UPID US18-0712938
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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