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2814 Barrett Avenue
About This Property
Opportunity is knocking in one of Southwest Florida's fastest-transforming neighborhoods. This .16-acre parcel at 2814 Barrett Ave sits in the heart of the Bayshore Arts District - an officially designated Community Redevelopment Area (CRA) that has drawn hundreds of millions of dollars in public and private investment over the past decade, turning this once-overlooked corner of East Naples into one of the city's most exciting growth stories.
Just a short walk or bike ride away, you'll find the world-class Naples Botanical Garden, the trails and boardwalk at Sugden Regional Park, Celebration Park's food truck and live music scene, Ankrolab Brewing Co., and the Home of the US Open Pickleball Championship Center. Downtown 5th Avenue South, 3rd Street South, and Naples' pristine Gulf beaches are just a few minutes' drive away - close enough for everyday convenience, far enough to have escaped downtown price tags.
For builders, investors, and developers, this is a rare chance to plant a flag in a neighborhood on the rise, with new construction, boutique restaurants, and mixed-use projects reshaping the corridor block by block. Whether you're planning a custom residence or eyeing the area's redevelopment upside, this lot offers flexibility and location in equal measure.
Don't miss your chance to own a piece of Naples' next great neighborhood - schedule your showing today.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Listed by Waterfront Realty Group Inc | $325,000 | |
| Listed by Waterfront Realty Group Inc | |||
| Aug 1, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017