Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    817 107Th Ave N, Unit 64 Naples, FL 34108

    • Commercial real estate
    For Sale
    View listing
    $499,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1882766
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 817 107Th Ave N

    Property type
    Commercial real estate

    Description

    This exceptional 6,058 square foot residential lot presents a unique opportunity to build your dream home in the desirable Naples Park neighborhood of Collier County, Florida. Located at 817 107th Ave N, Naples, FL 34108, this property offers the advantage of being lakefront, providing serene views and a tranquil setting. The asking price is $639,000. Included with the sale are meticulously designed floor plans for a stunning two-story home, boasting 4 spacious bedrooms and 4.5 bathrooms, totaling 3,535 square feet. However, buyers are free to choose their own builder or utilize provided cost estimates to begin construction. The absence of HOA restrictions provides flexibility for both short-term and long-term rental options, enhancing the investment potential. This prime location offers easy access to pristine white sandy beaches, breathtaking sunsets, and a wide array of upscale dining and shopping experiences. The area's desirability is underscored by the presence of renowned establishments like The Ritz-Carlton and LaPlaya. This is a rare chance to create a personal oasis in a rapidly evolving neighborhood, just minutes from world-class amenities. Don't miss this opportunity to build your dream home in this coveted location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.8044369
    Latitude
    26.268662

    Comparable in this City

    • $2,100,000
      0.25 Acres

      Designer Turnkey Duplex with Pools

      Luxurious duplex in Naples Park with pools, turnkey and rentable.
      605/609 107Th Ave N, Naples, FL 34108
      View Details
    • $750,000

      Updated Duplex in Naples Park

      Income-generating duplex near beach, turnkey furnished, redevelopment potential.
      517 108Th Ave N, Naples, FL 34108
      View Details
    • $1,499,999

      Naples Park Triplex with Pool

      Remodeled triplex on double lot with new pool and hot tub.
      10095 3Rd St, Naples, FL 34108
      View Details
    • $560,000
      Pending

      Naples Duplex Near Beaches

      Turn-key duplex near beaches, great investment or future home site.
      782 107Th Ave N, Naples, FL 34108
      View Details
    • $750,000
      0.15 Acres

      Naples Park Duplex: Prime Location

      Duplex in Naples Park, close to beaches and amenities.
      681/683 95Th Ave N, Naples, FL 34108
      View Details
    • $989,900

      Naples Park Duplex Near Beach

      Well-maintained duplex in Naples Park, minutes from Vanderbilt Beach.
      595 101St Ave N, Naples, FL 34108
      View Details

    Similar Nearby for Sale

    • $2,100,000
      0.25 Acres

      Designer Turnkey Duplex with Pools

      Luxurious duplex in Naples Park with pools, turnkey and rentable.
      605/609 107Th Ave N, Naples, FL 34108
      View Details
    • $750,000

      Updated Duplex in Naples Park

      Income-generating duplex near beach, turnkey furnished, redevelopment potential.
      517 108Th Ave N, Naples, FL 34108
      View Details
    • $1,499,999

      Naples Park Triplex with Pool

      Remodeled triplex on double lot with new pool and hot tub.
      10095 3Rd St, Naples, FL 34108
      View Details
    • $560,000
      Pending

      Naples Duplex Near Beaches

      Turn-key duplex near beaches, great investment or future home site.
      782 107Th Ave N, Naples, FL 34108
      View Details
    • $750,000
      0.15 Acres

      Naples Park Duplex: Prime Location

      Duplex in Naples Park, close to beaches and amenities.
      681/683 95Th Ave N, Naples, FL 34108
      View Details
    • $989,900

      Naples Park Duplex Near Beach

      Well-maintained duplex in Naples Park, minutes from Vanderbilt Beach.
      595 101St Ave N, Naples, FL 34108
      View Details

    Similar Nearby for Lease

    • $36 SF/Yr
      15,301 SF

      Naples Office Space For Rent

      Office space available for lease in Naples, Florida.
      5801-5811 Pelican Bay Blvd, Naples, FL 34108
      View Details
    • Contact for pricing
      1,190 SF

      Retail Space on Tamiami Trail

      Retail space available on the leading retail corridor in Naples.
      871 Vanderbilt Beach Rd, Naples, FL 34108
      View Details
    • Contact for pricing
      1,970 SF

      North Naples Office Sublease

      1,970 SF office space available for sublease in North Naples.
      875 109Th Ave N, Naples, FL 34108
      View Details
    • Contact for pricing
      5,208 SF

      Retail Space in Granada Shoppes

      Retail space in community shopping center with national tenant anchors.
      10750 Tamiami Trl N, Naples, FL 34108
      View Details
    • $34 SF/Yr
      68,003 SF

      Naples Class A Office Space

      Premier Office Suites in Pelican Bay
      801 Laurel Oak Dr, Naples, FL 34108
      View Details
    • Contact for pricing
      4,571 SF

      Renovated Office Space Available Now

      Move-in ready office space with renovated exterior and Tesla charging.
      5926 Premier Way, Naples, FL 34108
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    817 107Th Ave N, Unit 64
    Naples, FL 34108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.