Real Estate Investing in Naples, Florida (34113)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 34113 (Naples, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 35.2% of homes vacant — above national norms.
What’s happening in Naples, FL (34113)?
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Market Analysis: 34113 Naples
Investors eyeing 34113 need to respect the fundamentals at play. Home values of $498K come alongside slower price movement and elevated management overhead.
On the rental side, the numbers look inviting — $498K purchase price, 0.0% nominal cap — the work to hit that pro forma in 34113 is substantial and deserves full respect.
From an investor standpoint, 34113 offers a low basis, the region around Naples has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 34113 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 34113 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Naples:
Property Strategy for 34113
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $364,661 | $2,090 | 4.1% | +9.3% | $182,331 |
| 3BR | $601,964 | $2,720 | 3.3% | +9.5% | $200,655 |
| 4BR | $1,397,775 | $2,950 | 1.5% | +13.0% | $349,444 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 34113 Compare?
| Metric | 34113 | Naples | Naples-Marco Island, FL | Florida |
|---|---|---|---|---|
| Home Value | $497,608 | $595,849 | N/A | $374,697 |
| 5-Year CAGR | 5.4% | 5.0% | N/A | 7.4% |
| Avg Rent | $2,363 | $3,517 | N/A | - |
| Cap Rate | 3.7% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 34113 (Naples, FL). Anonymous, moderated, never written by AI.
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Property managers serving Collier County
Manage rentals here? List your business →Equity Property Management LLC manages apartments and offers services related to construction, tax credits, and investor relations. summary from their website
Sandcastle Community Management offers HOA and Condominium Management, professional maintenance, financial solutions, and real estate services in Florida, including Naples, Fort Myers, and Bonita Spri summary from their website
BZG International is a full-service Real Estate Brokerage Firm in Miami, FL, specializing in selling and leasing properties throughout South Florida, representing sellers, buyers, landlords, and tenan summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $497,608 |
| Monthly Rent | $2,363 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | -2.7% ▼ |
| 3-Year CAGR | -4.0% ▼ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | -38.6% ▼ |
| 3-Year CAGR | -15.2% ▼ |
| 5-Year CAGR | -4.9% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 34113
Population: 25,202
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 34113
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the typical home price in Naples, FL?
In Naples, FL the median home value sits at $498K. Against the broader FL market, that reads as reasonable for most investors.
How landlord-friendly is Naples, FL?
The landlord environment in Naples, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What kind of vacancy should I budget for in Naples, FL?
Occupancy in Naples, FL runs even-keeled with elevated vacancy. Well-priced units at $2,363/mo lease on reasonable timelines.
Can I house hack in Naples, FL?
Naples, FL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $498K price point reasonable to enter.
How qualified is the tenant pool in Naples, FL?
Expect a solid tenant pool in Naples, FL. The rental market absorbs $2,363/mo rents without meaningful friction.
You know 34113 now. You don’t know where it ranks.
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How 34113 ranks in Naples-Marco Island, FL
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