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Property profile & analytics
FOR SALE
Commercial land
1500 5Th Ave S Naples, FL 34102
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-2343395
For Sale
1 / 25
$110,000
1500 5Th Ave S, Naples, FL 34102
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1987
Total area
2,194 SF
Lot
8.43 ac (367,211 SF)
Zoning code
NAPLES
APN
20763240006
UPID
US18-2343395
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
Current use
Occupant on record · Public records
-
Cafe on the Bay at Naples Bay Resort Cafe & Coffee Shop
-
Summit Management Group Property Management Company
-
Kao Law Firm, PA Law Firm Child Welfare Organization
-
A Rent A Pontoon Boat Rental Service
-
Naples Bay Resort Weddings Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$275.77M
Blend (final)
Blend
$275.77M
Owner & transaction history
Michael Zacharia · 3 yrs held
Michael Zacharia
since 2022
7 recorded transactions
Zoning & alternative use
NAPLES · Naples, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Naples submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naples submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275.77M
Range $248.19M – $303.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125,693 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$35,364
Tax year 2023
Assessed value
$2,815,003
Assessed 2023
Previous assessed
$2,815,003
+0.0% YoY
Effective rate
1.26%
On assessed value
Land market value
$4,985,247
Total market value
$4,985,247
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1987
Heating
NONE
Stories
1
Total area
2,194 SF
Lot
8.43 ac (367,211 SF)
Zoning code
NAPLES
APN
20763240006
UPID
US18-2343395
Jurisdiction
COLLIER
Zoning & alternative use
NAPLES · Naples, FLZoning NAPLES · permitted uses
NAPLES · Naples, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Naples, FL
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Lot
8.43 ac
Current owner
From public records · entity-resolved
Michael Zacharia
Individual
Free & Clear · 3 yrs held
Mailing address
1500 5TH AVE S UNIT #111, NAPLES, FL 34102-3492
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
$360,000
Michael Zacharia
Chambers 34110 LLC
Warranty Deed
—
May 27, 2021
—
Villa Raphael Holdings LLC
—
Deed
related
$1,000,000 · First Florida Integrity Bank
Oct 7, 2019
$100
Admonius Family Trust
Timothy J Admonius
Warranty Deed
related
—
Apr 18, 2019
$100,000
Gulfwater Investments LLC
A & V Properties LLC
Warranty Deed
—
Jan 22, 2014
—
Nbr Unit 2-301 LLC
Mitch Williams Dbpp Of Tr Trust
Warranty Deed
—
Apr 1, 2013
—
Antaramian Properties LLC
Basil Street Partners LLC
Grant Deed
$7,100,000 · Efo Financial Group LLC
Sep 23, 2003
$19,000,000
Basil Street Partners LLC
Blackwater Manor Ltd
Grant Deed
$13,986,000 · Amsouth Bank
Mar 18, 2003
—
Blackwater Manor Ltd
Clamor LLC
Grant Deed
related
—
—
—
Knightsbridge Ptrs Of Naples LLC
—
Loan Modification
related
—
—
—
Antaramian Properties LLC
—
Deed Of Trust
related
$7,100,000 · Efo Financial Group LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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