Property Description
Rarest opportunity in Naples Park! A clean, income-producing duplex positioned within immediate reach of Vanderbilt Beach, offering durability today and strategic upside tomorrow. This two-unit asset is configured with mirrored 2BR, 1BA residences, both currently occupied by long-term tenants, delivering consistent baseline cash flow from day one. The structure is straightforward and efficient, with ample off-street parking, solid construction, and a layout that lends itself seamlessly to either continued long-term leasing or a transition into short-term rental use. What elevates this property beyond a standard duplex is its adjacency to a proven, high-performing rental asset. The shared driveway and cohesive positioning alongside the neighboring triplex create a rare opportunity to control contiguous inventory in a submarket where scale is nearly impossible to assemble. The seller is open to packaging this property with 541 94th Ave N, forming a five-unit portfolio with a balanced mix of stabilized income and high-yield short-term rental potential. From a strategic standpoint, the flexibility is compelling. Maintain the current tenancy for predictable returns, reposition for short-term rental optimization, or occupy one unit while the remaining doors offset carrying costs. Recent improvements across the combined properties, including updated systems, a new roof, and refreshed interiors, reduce near-term capital expenditure and allow for immediate operational focus. Located west of US-41 with walkable access to dining, retail, and entertainment, this asset sits in one of North Naplesâ?? most resilient rental corridors. Demand from both seasonal and annual tenants remains strong, supporting long-term appreciation and income stability. For an investor seeking a low-friction entry with expansion upside or a 1031 exchange into a coastal, income-generating asset, this duplex represents a disciplined, high-conviction acquisition.
Property Features
Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Electric
Heating: Central Electric
Home Style: Ranch, Single Family
Lot Size: 0.15 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,292
Year Built: 1970
Feature Descriptions
Bedroom: 4 Bed
Construction: Concrete Block, Stucco
Days on Site: 12
Dining: Dining - Family, Eat-in Kitchen
Exterior: Concrete Block, Stucco
Flooring: Tile
Furnished: Negotiable
GEO Area: NAPLES PARK
Hoa Fee: $0
Interior: Foyer, Smoke Detectors
Irrigation: Well
Lot: Regular
Parcel #: 62700360004
Parking: Circular Driveway, Driveway Paved, Guest, Load Space, Paved, RV-Boat
Pets: Yes
Road Surface: Paved
SQFT Total: 1525
Transfer Fee: 0
Units: 1
Units in Building: Square Feet
View: Parking Lot, Pool/Club
Water: Central
Water: Central
549 94th Ave N | MLS# 226017125
This single family home located at 549 94th Ave N, Naples, FL 34108 is currently listed for sale with an asking price of $795,000. This property was built in 1970 and has 4 bedrooms and 2 full baths with 1500 sq. ft. 94th Ave N is located in the NAPLES PARK subdivision. Search NAPLES PARK real estate on www.realtymark.net today.