1020 8Th AveNaples, FL 34102

Property Details for 1020 8Th Ave

Year built

1974

Lot size

0.46 AC

Property size (Sq ft)

4,880 SF

Zone code

NAPLES

Property type

Office properties

Property subtype

Office buildings

APN

14051400001

APU

14051400001

Description

This exceptional executive office space in the heart of Downtown Naples offers unparalleled convenience and prestige. Located at 1020 8th Avenue South, this property boasts a total of 1,959 square feet, currently entirely vacant and available for lease. The space is ideal for businesses seeking a flexible and adaptable workspace, with a minimum divisible unit of 825 square feet and a maximum contiguous space of 1,134 square feet. This allows for customization to suit various business needs and sizes. The building's prime location places it within easy walking distance of Naples Square and the vibrant 5th Avenue South, offering employees and clients access to a wealth of amenities, including upscale dining, shopping, and entertainment options. The property is situated in Collier County, a highly sought-after area known for its thriving business community and attractive lifestyle. This is a rare opportunity to secure a prominent office presence in one of Naples' most desirable locations. The entire 1,959 square feet is available for lease as a single unit, providing a significant opportunity for a larger business or a company seeking to establish a substantial footprint in the area. The flexible layout allows for efficient use of space, catering to a variety of business configurations. Don't miss this chance to establish your business in this exceptional Downtown Naples location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,294,470

  6.5%

  $1,194,895

  7%

  $1,109,545

• Comparable approach

  Method

  Valuation

  Relative Method

  $978,975

  Geo Method

  $1,704,759

• Alternative Use

  Use

  Valuation

  Residential

  $1,481,670

  Hospitality

  $1,357,202

  Educational

  $1,129,176

  Medical

  $1,168,010

  Retail

  $1,756,496

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.1385

Longitude

-81.7924

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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