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3037 Coco Avenue
About This Property
Highlights:
• Gulf-access waterfront lot
• One bridge to Naples Bay and Gulf waters
• Views of intersecting canals
• Mostly cleared and ready for development
• Minutes to downtown Naples and Fifth Avenue South
• Close to beaches, shopping, dining, and entertainment
• Located in the growing Bay Shore district
This is a rare opportunity to secure a waterfront homesite in one of Naples' most promising and convenient locations.
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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 |
|---|---|---|---|
| Jun 2, 2026 | Listed by Achieve Realty LLC | $498,000 | |
| Listed by Achieve Realty LLC | |||
| Oct 2, 2021 | No longer available | - | |
| No longer available | |||
| Sep 30, 2021 | Listed by The Simonelli Real Estate Grp | $160,000 | |
| Listed by The Simonelli Real Estate Grp | |||
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Check out this beautiful GULF ACCESS lot located off Bayshore Dr. Just a short boat ride (one bridge) to Bayfront shops and restaurants in Old Naples. Don't miss this opportunity!! Cash Only!!
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| Sep 16, 2011 | Sold | ||
| Sold | |||
| Apr 14, 2011 | Listed by Sun Realty | $75,000 | |
| Listed by Sun Realty | |||
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Gulf access homesite, close to the beaches and downtown 5th Avenue. This property is located just a short boat ride (one bridge) to Bay front shops and restaurants in Olde Naples. The Bay Shore area is poised to benefit from the inevitable rebound. The Naples Botanical Gardens leads the renaissance of the area. This home site is in an area close to Naples Bay and world class beaches. Mostly cleared waterfront lot with view of intersecting canals.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017