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754 16th Avenue S
About This Property
Discover this exceptional cul-de-sac lot in prestigious Aqualane Shores – a rare gem offering panoramic views of Crayton Cove and Naples Bay. Spanning approximately one-third of an acre with 100 feet of prime canal frontage and a 2018 seawall, this blank canvas is perfectly positioned for your custom dream home!
Enjoy direct, no-bridge Gulf access for effortless boating adventures. The desirable Southern exposure maximizes Florida's legendary sunshine, while the serene setting lets you relax and watch boats glide by, native birds soar overhead, or take in the vibrant activity of the nearby Naples Yacht Club. Prime location steps from 3rd Street South's upscale dining, shopping, and entertainment; Naples Beach & Pier; championship golf courses; and the Naples Airport.
Don't miss this coveted opportunity in one of Naples' most sought-after waterfront neighborhoods!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017