17
Map
4669 32nd Ave SE
About This Property
Situated near local points of interest including a park approximately 1.39 miles away, Golden Gate Estates (1.34 miles), Grateful Bee (1.24 miles), and Rural Estates (4.55 miles).
Please note key environmental factors: The lot is in Flood Zone AH, indicating areas with a 1/100 annual chance of shallow flooding (typically 1-3 feet from ponding). Any development requires elevating structures above base flood elevation using fill, pilings, or other methods, which can significantly increase construction costs. Flood insurance is often mandatory with potentially high premiums. Additionally, wetlands classified as Cypress - Mixed Hardwoods are present, triggering federal and state regulations under the Clean Water Act. Development involving filling or disturbance will likely require permits from the U.S. Army Corps of Engineers, environmental assessments, possible off-site mitigation, and could result in project delays, heavy restrictions, or permit denials to protect the ecosystem.
Buyer must verify all zoning, setbacks, utility availability, development requirements, and potential for single-family or other residential uses by contacting the City of Naples Planning Department.
The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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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%.
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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 |
|---|---|---|---|
| Oct 9, 2026 | Sold | ||
| Sold | |||
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Price Decreased |
$44,999
↓ $5K
(10%) | |
| Price Decreased | |||
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 1, 2026 | Listed by Starlink Realty, Inc | $49,999 | |
| Listed by Starlink Realty, Inc | |||
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oversized 1.14 acre vacant wetland, nice area, quite, property right across MLS 220066111 2.73 acres is also for sale, buyer is due diligence, agents has many other lots nearby, is priced accordingly, very rare manufactured home is allowed per zoning determination study back in 2005 and has to meet building codes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017