11118 Gulf Shore Dr #A-702NaplesFL34108
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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 11118 Gulf Shore Dr #A-702, Naples, FL, 34108 earns $1,460/mo cash flow from $9,434/mo rent with a $4,772/mo payment. Total monthly income totals $9,434/mo, and annual cash flow totals $17,514/yr on $320,775 capital. ROI tracks 25.52% on current figures, and rental yield reads 11.61% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 135.53% and total cumulative return in cash sums $434,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $9,434/mo property income instead of your personal income.
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 |
|---|---|---|
| 2025-01-22 | Price change | $975,000 |
| 2024-12-13 | Listed for sale | $1,065,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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: 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), Screened Lanai/Porch
- Exterior Features: 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, Bike Storage, Bocce Court, Community Boat Dock, Pool, Fishing Pier, Pickleball, 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: N/A
- Middle School: N/A
- High School: N/A
Listed by: Kevin Fuller, PA • William Raveis Real Estate
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224099625
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.