42
Map
$119,000
↓ $11K (8.5%)
●
Mobile Manufactured -
For Sale
514 Monte Carlo Lane
Naples, FL 34112
2 Beds
2 Baths
1,088 Ft²
$829
Est. Monthly
$135
HOA / Fees
About This Property
Welcome to this beautifully maintained 2-bedroom+den, 2 bath mobile
home located on a peaceful and private lot in the highly
sought-after Riviera Colony. This inviting residence offers
comfortable, low-maintenance living in a quiet, friendly, and
active 55+ community-all at an affordable price. Best of all, you
own the land, which means no land lease fees. The home features a
NEW ROOF from 2023, a functional layout, plenty of natural light,
and comfortable space to relax or entertain. With a quarterly fee
of just $395, residents enjoy a well-kept neighborhood where pride
of ownership truly shines. Ideally located just 6 miles from
Naples' beautiful white sandy beaches and close to 5th Avenue, this
home offers easy access to world-class dining, shopping, and
entertainment while still enjoying the serenity of a peaceful
community setting. Whether you are looking for a seasonal getaway
or a year-round residence, this Riviera Colony gem is a wonderful
opportunity to enjoy the best of Southwest Florida living.
Unit Size
1,088 Ft²
Days on Market
142 days
Land Size
0.12 acres
Price per sqft
$109
Property Type
Mobile Manufactured
Property Taxes
$109
HOA Dues
$135
Year Built
1969
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago ( #226017282)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Price Decreased |
$119,000
↓ $11K
(8.5%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$129,999
↓ $10K
(7.1%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by Mato Realty, LLC | $139,999 | |
| Listed by Mato Realty, LLC | |||
| Feb 14, 1995 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Parking Details
Has Carport
Parking Features: Attached Carport
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, TubShower, CableTv, SplitBedrooms
Appliances: Electric Cooktop, Microwave, Refrigerator
Flooring Type: Carpet, Vinyl
Laundry Features: Washer Hookup, In Garage, DryerHookup
Exterior Details
Square Footage: 1088
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Split Level, ManufacturedHome
Year Built: 1969
Waterfront Features: None
Building Area Total: 1445
Levels: Multi/Split
Window Features: Shutters, SingleHung
Construction Materials: Vinyl Siding, Manufactured
Pool Features: Community
Lot Features: Rectangular Lot
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Tax Lot: 20
Water Source: Public
Financial Details
Tax Annual Amount: $1,311
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, AssociationManagement, LegalAccounting
HOA/Condo/Coop Amenities: Clubhouse, Pool, Shuffleboard Court, Management
HOA Fee: $135
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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