1185 Pompei Lane
About This Property
This is the kind of property savvy buyers wait for.
Located in the highly desirable 34103 zip code, just minutes to Waterside Shops, the beach, Mercado, and downtown Naples, this home offers an exceptional chance to create something special in one of the city's most convenient neighborhoods. No HOA. No condo fees. No city taxes.
Originally rebuilt in 2014 down to the exterior walls and roof, the home was thoughtfully designed around an open floor plan with a spacious, entertainer's kitchen featuring Jenn-Air stainless appliances, solid cabinetry, and generous counter space. The layout includes multiple ensuite bedrooms, impact doors and windows, solid core doors, LED lighting, and Icynene insulation for efficiency.
Today, the property presents an opportunity.
The landscaping is established, the backyard is fenced for privacy, and the footprint is strong. Inside, the bones and layout remain appealing, but cosmetic updates and refreshing will allow the next owner to truly unlock its potential. The generous primary bath with steam shower, multiple shower heads, and custom features is a reminder of the quality that once defined the home.
This is not a turnkey showpiece. It is a well-located home with solid construction and an excellent floor plan, ready for the right buyer to bring it back to life.
For investors, renovators, or end users who understand value in prime Naples real estate, this is a rare chance to secure 34103 at a compelling entry point and make it your own.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017