10691 Gulf Shore Dr APT 802NaplesFL34108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Naples at 10691 Gulf Shore Dr APT 802, Naples, FL, 34108 projects strong ROI of 5.42%. Rental yield 4.16%. With 5% annual appreciation, the property builds $718,056 in value over five years. Equity growth combined delivers a projected five-year ROI of 26.81%, translating into $225,725 in total cumulative return on $842,076 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$26,920 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 34108, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,293 (100%) |
| Owner Occupied HU | 7,024 (49.1%) |
| Renter Occupied HU | 1,226 ( 8.6%) |
| Vacant Housing Units | 6,043 (42.3%) |
| Median Home Value | $1,232,225 |
| Average Home Value | $1,335,714 |
Housing Distribution
Address Breakdown
Residential
12,522
Single Family
8,046
Multi-Family
4,476
Businesses
1,125
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-06 | Listed for sale | $2,599,000 |
| 2015-06-05 | Sold | $1,800,000 |
| 2015-04-02 | Pending sale | $1,885,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $10305.43 | -17.87% | $1,043,986 | -11.85% |
| 2022-02-14 | $12547.25 | -1.05% | $1,184,320 | 3.00% |
| 2021-02-14 | $12680.36 | 2.40% | $1,149,825 | 1.40% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Condo
- Year Built: 1982
- Architectural Style: N/A
- Building Area: 2,473
- Living Area: 2,075 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central Electric
- Cooling: Ceiling Fan(s), Central Electric
- Flooring: Carpet, Tile
- Interior Features: Built-In Cabinets, French Doors, Smoke Detectors, Tray Ceiling(s), Walk-In Closet(s), Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
- Exterior Features: Tennis Court(s)
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: $26,920 annually
- Association Fee: $26,920 annually
- Fees & Dues: N/A
- Association Amenities: Barbecue, Beach Access, Bike Storage, Pool, Storage, Pickleball, Tennis Court(s), Trash Chute
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Central
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Heidi Deen • John R Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224105354
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.