Ideally situated in Naples, Lemuria offers convenient access to the
area's Gulf beaches, upscale shopping, dining and cultural
attractions, including Olde Naples, Fifth Avenue South, Third
Street South, Waterside Shops and Seed to Table, with Southwest
Florida International Airport also within reach. Overlooking a
tranquil lake, this first-floor residence offers 2,408 square feet
of living space, three bedrooms plus a den and two full baths. The
spacious, south-facing lanai provides a setting for outdoor dining
and relaxation with picturesque water views. Thoughtfully appointed
interiors feature 10-foot ceilings, crown molding, solid-core
doors, plantation shutters and tile and luxury vinyl plank flooring
throughout. The kitchen is equipped with quartz countertops and
stainless-steel appliances, while a built-in desk provides a
dedicated workspace. The primary suite features dual walk-in
closets and an en suite bath with dual sinks, a walk-in shower and
a jetted soaking tub. Additional features include hurricane-impact
windows and sliding glass doors, electric storm shutters, an
attached two-car garage with electric vehicle charging capability
and roofs replaced in 2026. Combining generous living spaces,
lakefront views and a desirable Naples location, this residence
offers convenient access to the beaches, boutiques, galleries,
restaurants and entertainment destinations that define Southwest
Florida's coastal lifestyle.
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.
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