2315 Bayside St, Naples, FL 34112

8 Unit Apartment Building | $1,950,000 ($243,750/Unit) | 6.11% Cap Rate | Naples, FL 34112

Asking Price $1,950,000

Property Type
Multifamily
Square Feet
5,200 SF

Listing Contacts

Adam Podbelski
Adam Podbelski
  • Property Info

Property Overview

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire Talon Bay, an 8-unit multifamily community in Naples, Florida (the “Property”). Positioned just off of Tamiami Trail, Talon Bay is comprised of four (4), single-story duplex buildings and contains eight (8), 2-Bedroom/1-Bathroom units with 5,200 rentable square feet across two parcels on a total of 0.60 acres of land. Located at 2315 and 2347 Bayside Street in Naples’ blue-chip East Naples neighborhood, the Property is situated two (2) miles southeast of Downtown Naples and just over a mile south of Naples Airport. The Property is positioned on Bayside Street next to the intersection of Bayshore Drive and Tamiami Trail E (US Route 41), one of the area’s primary commercial corridors offering a wide array of shopping, dining and grocery options and leading directly to Naples downtown area. Naples offers an affluent demographic and is known for high-end shopping, world-class arts and culture, sophisticated dining, and outdoor recreation. The city is positioned in southwest Florida, directly south of Fort Myers on the Gulf of Mexico. Naples is home to pristine, white-sand beaches and the surrounding area is continually ranked among the top travel destinations in the United States, funneling tourism dollars into the local economy.

Property Details

Year Built
1973
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
8

Highlights

  • Desirable Location
  • Access to Area Amenities
  • Strong Higher Education Presence
  • Strong Demographics

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