Naples Park Naples Homes for Sale

Rarest opportunity in Naples Park! A clean, income-producing duplex positioned within immediate reach of Vanderbilt Beach, offering durability today and strategic upside tomorrow. This two-unit asset is configured with mirrored 2BR, 1BA residences, both currently occupied by long-term tenants, delivering consistent baseline cash flow from day one. The structure is straightforward and efficient, with ample off-street parking, solid construction, and a layout that lends itself seamlessly to either continued long-term leasing or a transition into short-term rental use. What elevates this property beyond a standard duplex is its adjacency to a proven, high-performing rental asset. The shared driveway and cohesive positioning alongside the neighboring triplex create a rare opportunity to control contiguous inventory in a submarket where scale is nearly impossible to assemble. The seller is open to packaging this property with 541 94th Ave N, forming a five-unit portfolio with a balanced mix of stabilized income and high-yield short-term rental potential. From a strategic standpoint, the flexibility is compelling. Maintain the current tenancy for predictable returns, reposition for short-term rental optimization, or occupy one unit while the remaining doors offset carrying costs. Recent improvements across the combined properties, including updated systems, a new roof, and refreshed interiors, reduce near-term capital expenditure and allow for immediate operational focus. Located west of US-41 with walkable access to dining, retail, and entertainment, this asset sits in one of North Naples’ most resilient rental corridors. Demand from both seasonal and annual tenants remains strong, supporting long-term appreciation and income stability. For an investor seeking a low-friction entry with expansion upside or a 1031 exchange into a coastal, income-generating asset, this duplex represents a disciplined, high-conviction acquisition.

Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Website: https://www.realtyofnaples.com

Bio: 

Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.

In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.

Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.

Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

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This property is courtesy of William Raveis Real Estate.

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