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541 94th AVE N, Naples, FL, 34108

5beds
6baths
1,982sqft
$1,695,000
$855price/sqft
$11,373/moest. monthly cost
$454,920/yrincome needed

About This Home

Rarest opportunity in Naples Park! A true multi-asset play positioned 0.8 miles from Vanderbilt Beach, delivering scale, flexibility, and immediate income in one of North Naples’ most active rental corridors. This offering centers on a well-composed triplex spread across an oversized parcel, thoughtfully configured with a 2BR + den, 2BA primary residence, a two-level 2BR, 2.5BA unit, and a separate 1BR, 1BA suite. Each residence benefits from recent interior improvements, updated mechanicals, and a new roof, all tied together by a shared pool environment that elevates short-term rental performance. A two-car garage and generous off-street parking solve one of the area’s most common constraints. The true advantage lies in optionality. The seller is prepared to package this asset with the adjacent duplex at 549 94th Ave N creating a five-door configuration with a stabilized long-term tenant already in place. Operate as a hybrid income model, transition fully to short-term rentals, or establish a primary residence while maintaining consistent cash flow from the remaining units. The layout, lot configuration, and shared access provide operational efficiency without sacrificing tenant privacy. Set within a walkable grid west of US-41, the location consistently outperforms due to its proximity to beach access, Mercato, and the broader North Naples lifestyle infrastructure. Demand remains durable across both seasonal and annual tenancy, supporting strong occupancy and rate resilience. Opportunities with this level of unit diversity, location quality, and expansion potential are seldom available in Naples Park. This is not just a property acquisition, it is a scalable income platform in a supply-constrained coastal submarket.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

6/10
9/10
Pine Ridge Middle SchoolGrades 6-83.4 mi
--
Hospital/HomeboundGrades K-124.3 mi

Construction

Condition

  • Year built: 1970

Materials

  • Roof: Shingle
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Disposal,Dryer,Freezer,Microwave,Range,Refrigerator/Freezer

Bedroom

  • Features: Master BR Ground, Master BR Upstairs, Two Master Suites

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Features: Breakfast Bar, Breakfast Room, Dining - Family, Dining - Living, Eat-in Kitchen

Features

  • Foyer,Smoke Detectors,Walk-In Closet(s),Den - Study
  • Window features: Impact Resistant Windows
  • Flooring: Tile
  • Fireplace features: Outside
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,338
  • Total interior livable area: 1,982 sqft

Kitchen

  • Features: Island

Property

Details

  • Parcel number: 62836240001

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Concrete
  • Patio & porch: Patio
  • Has spa: Yes
  • Spa features: In Ground,Concrete
  • Fencing: Fenced
  • Has view: Yes
  • View description: Pool/Club
  • Waterfront features: None

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Driveway,Guest,Load Space,Paved,RV-Boat,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Collier County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,570$102,840
Home Insurance *$1,243$14,916
Property Taxes $1,361$16,332
Electricity $199$2,393
Total$11,373$136,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$389,931/yr
40% on housing$341,190/yr
45% on housing$303,280/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$855This listing

vs Other Active Listings

Avg $/sqft

ZIP 34108$900
Collier County$525

vs Homes Sold Last Month

Median $/sqft

ZIP 34108$695
Collier County$385

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Listed for sale$1,695,000
2026-02-16Listing removed$1,850,000
2025-10-18Price change$1,850,000
2025-09-18Price change$1,950,000
2025-08-05Listed for sale$2,750,000
2022-03-07Sold$1,000,000
2017-03-25Listing removed$2,500
2017-03-14Listed for rent$2,500
2016-09-18Listing removed$5,000
2016-04-11Listing removed$6,500
2015-12-07Price change$6,500
2015-11-06Listed for rent$2,950
2014-11-10Sold$590,000
2013-12-29Listed for sale$599,000

For Sale by Agent

AgentAlexander Torcomian
BrokerageWilliam Raveis Real Estate

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