11116 Gulf Shore Dr #B-502NaplesFL34108
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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 11116 Gulf Shore Dr #B-502, Naples, FL, 34108 offers a 9.42% rental yield on a $975,000 purchase with $7,650/mo rent. 85% in year one. Equity gained on principal adds $6,292/yr while 5% annual appreciation supports $269,375 over five years. Portfolio math shows five-year ROI at 99.75% and total cumulative return in cash at $319,959. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,650/mo property income against a $4,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
$18,052 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 |
|---|---|---|
| 2025-01-17 | Listed for sale | $975,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: Condo
- Year Built: 1990
- Architectural Style: N/A
- Building Area: 1,619
- Living Area: 1,470 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central Electric
- Cooling: Central Electric
- Flooring: Carpet, Tile
- Interior Features: Fire Sprinkler, Pantry, Smoke Detectors, Walk-In Closet(s), Balcony
- Exterior Features: Wooden Dock, Balcony, Tennis Court(s), Water Avail at Dock
- Parking Features: 1 Assigned
Location
HOA & Fees
- HOA Fee: $18,052 annually
- Association Fee: $18,052 annually
- Fees & Dues: N/A
- Association Amenities: Barbecue, Beach Access, Bike And Jog Path, Community Boat Dock, Pool, Fishing Pier, Streetlight, 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: NAPLES PARK ELEMENTARY
- Middle School: PINE RIDGE MIDDLE
- High School: BARON COLLIER
Listed by: MilanO Odstrcilik • Match Point Realty Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225002788
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.