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7235 Everglades Boulevard N
About This Property
Take advantage of a prime investment opportunity in fast-developing Golden Gate Estates! This 1.17-acre parcel is ideally located on Everglades Blvd and now benefits from new sewer lines being installed by Collier County – a major infrastructure upgrade that significantly enhances development potential.
This property presents a unique path to scale: with the addition of the adjacent 1.64-acre corner lot on 72nd Street NE and three additional neighboring lots, a buyer could assemble a total of approximately 9.55 acres. With proper rezoning, this assemblage offers the potential for a high-visibility commercial site in one of Southwest Florida's most rapidly expanding corridors.
Seller is offering a contingency option, allowing the buyer to pursue rezoning during the contract period.
Whether you're a developer, investor, or entrepreneur looking for a strategic site in a growth market, this offering is an outstanding opportunity.
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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 |
|---|---|---|---|
| Jul 25, 2025 | Price Increased |
$1,100,000
↑ $801K
(267.9%) | |
| Price Increased | |||
| Jul 11, 2025 | Price Increased |
$299,000
↑ $4K
(1.4%) | |
| Price Increased | |||
| Sep 26, 2024 | Price Decreased |
$295,000
↓ $104K
(26.1%) | |
| Price Decreased | |||
| Aug 6, 2023 | Listed by Real Broker, LLC | $399,000 | |
| Listed by Real Broker, LLC | |||
| Jul 26, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017