5 Bluebill Ave APT 803NaplesFL34108
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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 5 Bluebill Ave APT 803, Naples, FL, 34108 uses $312,550 cash to close to unlock $4,385/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $7,650/mo, and a $4,650/mo payment keeps the spread at $365/mo. Purchase price stands at $949,999, and rental yield measures 9.66% with $7,650/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 113.1% and total cumulative return in cash records $353,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,650/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$11,760 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 |
|---|---|---|
| 2025-05-19 | Listed for sale | $949,999 |
| 2014-05-05 | Sold | $407,500 |
| 2014-03-22 | Listed for sale | $415,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-20 | $3704.17 | 2.84% | $340,916 | 10.00% |
| 2023-05-20 | $3601.73 | -25.76% | $309,924 | -22.59% |
| 2022-05-20 | $4851.70 | 13.76% | $400,345 | 10.00% |
Nearby investment properties with comparable rents
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No similar price properties found nearby.
Facts & Features
General Information
- Type: Condo
- Year Built: 1973
- Architectural Style: N/A
- Building Area: 1,086
- Living Area: 1,086 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Tile
- Interior Features: Closet Cabinets, Smoke Detectors, Window Coverings, Screened Lanai/Porch
- Exterior Features: N/A
- Parking Features: Common
Location
HOA & Fees
- HOA Fee: $11,760 annually
- Association Fee: $11,760 annually
- Fees & Dues: N/A
- Association Amenities: Barbecue, Beach Access, Bike And Jog Path, Bike Storage, Common Laundry, Community Boat Slip, Community Gulf Boat Access, Pool, Community Room, Storage, Internet Access, Marina, Streetlight, Trash Chute
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Central
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lori Hughes-Marshall • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225047070
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.