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Presented by
Gregory Sofranko Group |
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$795,000
Sales Associates
William Raveis Real Estate
Phone: 239.877.1966
GregorySofrankoGroup@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $636,000 | $636,000 | $636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $524 | $524 | $524 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,661 | $4,072 | $5,281 |
| Total Monthly Payment | $4,277 | $4,688 | $5,897 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.