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1205 Sandpiper Street
About This Property
Seize this opportunity to own a 90' x 120' (0.25-acre) lot in one of Naples' most sought-after locations! Just minutes from downtown Naples and its world-renowned beaches, this property is perfectly positioned for those seeking the ultimate Florida lifestyle. This lot is in the county, so there are less restrictions for your use.
Nestled in a vibrant and established neighborhood, this spacious lot provides endless possibilities to build your dream home, whether you envision a modern coastal retreat or a charming Old Florida-style residence. With ample space for a pool, lush landscaping, and outdoor entertaining, you can design a private oasis that embraces Naples' year-round sunshine.
Enjoy the convenience of being close to fine dining, boutique shopping, top-rated schools, and premier golf courses while tucked away in a peaceful residential setting. Don't miss this chance to create your perfect home in paradise-lots like this in such an ideal location are a rare find!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$875,000
↓ $50K
(5.4%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$925,000
↓ $70K
(7%) | |
| Price Decreased | |||
| Sep 10, 2025 | Price Decreased |
$995,000
↓ $200K
(16.7%) | |
| Price Decreased | |||
| Feb 17, 2025 | Listed by Douglas Elliman Florida, LLC | $1,195,000 | |
| Listed by Douglas Elliman Florida, LLC | |||
| Aug 21, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017