726 Park ave - Apartments FOR SALE


Naples, FL 34110- North Naples
$2,100,000 USD
305-392-1497
726 Park ave, Naples, FL for Sale
$2,100,000 USD
Apartments - FOR SALE
1/3
null | 7.5% Cap Rate

726 Park ave
Naples, FL 34110
North Naples


OVERVIEW

Rare opportunity to own a fully remodeled, fully operational 4-unit Airbnb in one of Naples’ most desirable coastal neighborhoods. Located west of US-41 near Vanderbilt Beach and Delnor-Wiggins Pass, this turnkey property features four designer-furnished 1BR/1BA units, all with modern kitchens, quartz countertops, new appliances, tile flooring, and stylish coastal décor. Recent upgrades include four new AC systems (2024), roof replacement (2016), and updated electrical/plumbing. Operating at 91% occupancy with a $175 blended nightly rate, this high-performing potential $232,000 in annual revenue and a 7.5% stabilized cap rate at the $2.1M offering price. With no HOA or rental restrictions, multiple outdoor seating areas, and ample parking, 726 Park Ave offers both lifestyle appeal and investment-grade performance—a rare combination in the Naples STR market. Projections reflect pro forma, expectations towards market returns. The property has been an active short term rental for the past few years.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$945 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

7.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

RMF-6

APN/PARCEL ID

48074640005

ASK ABOUT THIS PROPERTY

Sabrina PerezReal Estate Sales ForceMore Info
305-392-1497

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Sabrina PerezReal Estate Sales ForceMore Info
305-392-1497

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.