11 Bluebill Ave APT 1005NaplesFL34108
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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
Rental property for sale in Naples at 11 Bluebill Ave APT 1005, Naples, FL, 34108 generates $7,650/mo in rent, after a $4,694/mo payment. Total monthly income is $7,650/mo. Return on cash invested sits at 19.47% in year one, and rental yield is 9.57% on a $959,000 entry. Equity gained on principal adds $6,188/yr, while 5% annual appreciation builds toward $264,954 over five years. Five-year ROI reaches 103.03% and total cumulative return in cash sums $325,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,650/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$17,300 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 |
|---|---|---|
| 2025-01-28 | Price change | $959,000 |
| 2024-12-26 | Listed for sale | $999,000 |
| 2021-12-04 | Sold | $800,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $6799.99 | -15.73% | $640,800 | -10.56% |
| 2022-02-14 | $8069.18 | 221.08% | $716,419 | 176.58% |
| 2021-02-14 | $2513.11 | 2.48% | $259,029 | 1.40% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1980
- Architectural Style: N/A
- Building Area: 1,801
- Living Area: 1,492 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central Electric
- Cooling: Central Electric
- Flooring: Tile, Vinyl
- Interior Features: Built-In Cabinets, Screened Balcony
- Exterior Features: Screened Balcony, Storage, Tennis Court(s)
- Parking Features: Detached Carport
Location
HOA & Fees
- HOA Fee: $17,300 annually
- Association Fee: $17,300 annually
- Fees & Dues: N/A
- Association Amenities: Barbecue, Bike And Jog Path, Bike Storage, Cabana, Community Boat Dock, Community Gulf Boat Access, Park, Pool, Community Room, Storage, Internet Access, Library, Marina, Pickleball, Streetlight, Tennis Court(s), Trash Chute, Car Wash Area
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Assessment Paid
- Road Surface Type: Paved
School Information
- Elementary School: NAPLES PARK ELEMENTARY
- Middle School: NORTH NAPLES MIDDLE SCHOOL
- High School: AUBREY ROGERS HIGH SCHOOL
Listed by: Angela Rizzi, LLC • William Raveis Real Estate
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224102936
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.