10951 Gulf Shore Dr APT 1403NaplesFL34108
Nearby investment properties with comparable rents
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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 10951 Gulf Shore Dr APT 1403, Naples, FL, 34108 earns from $7,650/mo rent with a $8,565/mo payment. Total monthly income totals $7,650/mo. ROI tracks 7.61% on current figures, and rental yield reads 5.25% at a $1,750,000 purchase. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 over five years. Five-year ROI reaches 38.99% and total cumulative return in cash sums $221,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,650/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$24,772 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 |
|---|---|---|
| 2025-03-31 | Listed for sale | $1,750,000 |
| 2024-08-09 | Listing removed | N/A |
| 2024-05-02 | Listing removed | $2,000,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $14066.92 | 10.47% | $1,341,411 | 15.02% |
| 2023-03-31 | $12734.13 | -5.41% | $1,166,216 | 3.81% |
| 2022-03-31 | $13462.94 | 15.45% | $1,123,375 | 10.00% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Facts & Features
General Information
- Type: Condo
- Year Built: 1980
- Architectural Style: Florida
- Building Area: 1,989
- Living Area: 1,769 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central Electric
- Cooling: Ceiling Fan(s), Central Electric
- Flooring: Tile
- Interior Features: Walk-In Closet(s), Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch
- Exterior Features: Storage
- Parking Features: 1 Assigned, Under Bldg Open, Attached Carport
Location
HOA & Fees
- HOA Fee: $24,772 annually
- Association Fee: $24,772 annually
- Fees & Dues: N/A
- Association Amenities: Beach Access, Bike Storage, Park, Pool, Community Room, Electric Vehicle Charging, Fitness Center, Storage, Guest Room, Hobby Room, Internet Access, Tennis Court(s), Trash Chute, Underground Utility
- 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: Emily Konopasek • Your Naples Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225033269
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.