18
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12 San Remo Circle
About This Property
Home needs flooring replacement, shower repairs.
Welcome to Riviera Colony – A 55+ Community Just Minutes to Downtown & the Beaches
Located on a private circle road, this manufactured home offers added privacy, curb appeal, and incredible value in one of the few Naples communities where residents own the land.
This bright and airy two-bedroom, two-bath residence features a spacious open floor plan with a wall of windows that fills the living space with natural light, creating a charming beach-cottage atmosphere. Open living and dining area make entertaining easy, whether casual or formal.
The kitchen has been beautifully updated with a $28,000 remodel, brand new washer and dryer and electrical upgrade in shed. While much of the home has been improved, it does need new flooring and bathroom updates-providing a great opportunity to add your personal touch and build additional value.
Riviera Colony offers an active and friendly lifestyle with amenities, including a community pool, clubhouse, bocce ball, and shuffleboard courts. Ideally located off Rattlesnake Hammock Road, you're approximately 6 miles to downtown Olde Naples, world-class beaches, shopping, dining, Marco Island boating, and golf courses including Hibiscus Golf Club.
Low HOA fees include basic cable, making this an affordable opportunity to own your slice of paradise in Naples.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Relisted | $110,000 | |
| Relisted | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Apr 25, 2026 | Price Decreased |
$110,000
↓ $10K
(8.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017