UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Naples Twin Lakes
MLS Listing ID 226000130
Style Resale Property
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1972
Annual Tax Amount $3,973
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Source Naples
Property Description
Located in an area with strong, consistent rental demand, 4538 Boabadilla Street offers a fully leased, income-producing duplex with immediate cash flow and value-add potential.
The property consists of two units: one 2-bedroom, 2-bath unit and one 2-bedroom, 1-bath unit. It has been continuously leased, providing reliable income from day one. While the property would benefit from updates and cosmetic improvements, it is currently performing as an income-producing asset—making it ideal for investors seeking cash flow with upside.
Owner expenses are minimal, with a newer septic system and newer A/C unit already in place. Future sewer expansion has been approved, adding long-term value and redevelopment flexibility. With limited in-town rental inventory this close to the beach, there is clear potential to increase rents through improvements and repositioning.
Offered as a turnkey income property with value-add opportunity, this duplex is well suited for investors looking to strengthen returns in a highly desirable Naples location.
Location
State FL
County Collier
Community Non-Gated
Area Naples Twin Lakes
Zoning RMF-6
Interior
Heating Central Electric
Flooring Carpet
Fireplace No
Heat Source Central Electric
Exterior
Amenities Available Internet Access
Waterfront Description None
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Regular
Sewer Septic Tank
Water Assessment Paid
Architectural Style Duplex
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 63405400006
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