549 94th Avenue N, Naples, FL 34108
- $795,000
- 4
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $795,000
- Status
- ACTIVE
- Days on Market
- 95
- MLS#
- 226017125
- Subtype
- Residential
- Style
- Ranch, One Story
- Architectural Style
- Ranch, One Story
- Year Built
- 1970
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,500
- Acres
- 0.15
- Subdivision
- Naples Park
- Neighborhood
- Naples Park
- MLS Area Major
- NA03 - Naples Park Area
Property Description
Rarest opportunity in Naples Park! A clean, income-producing duplex positioned within immediate reach of Vanderbilt Beach, offering durability today and strategic upside tomorrow. This two-unit asset is configured with mirrored 2BR, 1BA residences, both currently occupied by long-term tenants, delivering consistent baseline cash flow from day one. The structure is straightforward and efficient, with ample off-street parking, solid construction, and a layout that lends itself seamlessly to either continued long-term leasing or a transition into short-term rental use. What elevates this property beyond a standard duplex is its adjacency to a proven, high-performing rental asset. The shared driveway and cohesive positioning alongside the neighboring triplex create a rare opportunity to control contiguous inventory in a submarket where scale is nearly impossible to assemble. The seller is open to packaging this property with 541 94th Ave N, forming a five-unit portfolio with a balanced mix of stabilized income and high-yield short-term rental potential. From a strategic standpoint, the flexibility is compelling. Maintain the current tenancy for predictable returns, reposition for short-term rental optimization, or occupy one unit while the remaining doors offset carrying costs. Recent improvements across the combined properties, including updated systems, a new roof, and refreshed interiors, reduce near-term capital expenditure and allow for immediate operational focus. Located west of US-41 with walkable access to dining, retail, and entertainment, this asset sits in one of North Naples’ most resilient rental corridors. Demand from both seasonal and annual tenants remains strong, supporting long-term appreciation and income stability. For an investor seeking a low-friction entry with expansion upside or a 1031 exchange into a coastal, income-generating asset, this duplex represents a disciplined, high-conviction acquisition.
Additional Information
- Amenities
- None
- Interior Features
- Bathtub, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Separate Shower, Split Bedrooms
- Exterior Features
- None
- Taxes
- $6,292
- Property Description
- Ranch, One Story
- Flooring
- Tile
- Appliances
- Dishwasher, Electric Cooktop
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Exterior Construction
- Block, Concrete, Stucco
- Stories
- 1
- Roof
- Shingle
- Parking Features
- Circular Driveway, Driveway, Guest, Paved, RV Access/Parking, Two Spaces
- View
- Pool
Courtesy of William Raveis Real Estate