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700 11th St S - Floresta Building-Downtown Naples Office 2,027 SF Office Condo Unit Offered at $739,900 in Naples, FL 34102



INVESTMENT HIGHLIGHTS
- Great views close to banks post office etc.
- Great Building, fire resistive. All common areas freshly renovated. Elevator updated and new roof.
- Walking distance to everything in downtown Naples: close proximity to water, restaurants, and other businesses.
EXECUTIVE SUMMARY
Spacious Layout: Includes a large conference room, reception and waiting area, six well-sized offices, and a nice eat-in kitchenette. • Flexible Design: The current layout is inefficient, with two oversized offices that could easily be reconfigured into multiple additional offices or a complete re-design. This unit offers excellent potential to maximize usable space and adapt to future needs. • Parking: Five assigned parking spaces plus two additional spots available on a first-come, first-serve basis. • Views & Environment: East-side offices offer limited water views. The building is occupied entirely by professional tenants, ensuring a polished business environment. • Recent Renovations: Over $300,000 in upgrades, including new landscaping, outdoor seating areas for lunches or meetings, a modern elevator, fresh paint, and new tile. • Prime Location: Just three blocks from downtown Naples, directly across from Tin City on 11th Street South. ONE HALF BLOCK FROM THE NEW www.avenuenaples.com • Unit Details: Largest combined unit in the building—2,027 SF total (Units 202 & 203 joined together). • Verification: Per property appraiser; buyer should verify all information for accuracy.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Courtyard
- Signage
- Wheelchair Accessible
- Outdoor Seating
- Air Conditioning
- Smoke Detector
1 UNIT AVAILABLE
Unit 202/203
| Unit Size | 2,027 SF | Cap Rate | 7.43% |
| Price | $739,900 | NOI | $54,996 |
| Price Per SF | $365.02 | No. Parking Spaces | 7 |
| Condo Use | Office | APN/Parcel ID | 07830200002, 07830160003 |
| Sale Type | Investment |
| Unit Size | 2,027 SF |
| Price | $739,900 |
| Price Per SF | $365.02 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.43% |
| NOI | $54,996 |
| No. Parking Spaces | 7 |
| APN/Parcel ID | 07830200002, 07830160003 |
DESCRIPTION
1 floor layout 2 bathrooms ensuite. Currently configured into 6 offices waiting area reception area and large conference room. Could very easily be reconfigured to 10 or more offices.
Contact:
Hunter Thornhill
Waterfront Realty Group, Inc.
2393310580 (p)
HBTnaples@gmail.com
SALE NOTES
Premium Office Space – Floresta Building, Naples, FL
Step into the largest unit in the beautifully renovated Floresta Building, offering 2,027 SF of prime office space (Units 202 & 203 combined). Perfectly positioned just three blocks from downtown Naples and directly across from Tin City on 11th Street South, this property blends convenience, prestige, and functionality.
? Key Features
- Professional Layout: Reception and waiting area, large conference room, six private offices, and a spacious eat-in kitchenette.
- Flexible Design Potential: Current layout is inefficient, with two oversized offices that can be reconfigured into multiple additional offices—unlocking significant value and adaptability for growing teams.
- Parking Convenience: Five assigned spaces plus two additional first-come, first-serve spots.
- Limited Water Views: East-facing offices offer partial water views, adding a touch of inspiration to the workspace.
- Professional Atmosphere: Entire building is occupied by professional tenants, ensuring a polished and collaborative setting.
?? Recent $300,000+ Renovations
- Outdoor seating areas for lunches, meetings, and casual gatherings
- Modernized elevator
- New landscaping, fresh paint, and upgraded tile finishes
?? Location Highlights
- Walkable to downtown Naples dining, shopping, and amenities
- Directly across from Tin City, a local landmark
- Just ½ block from The Avenue Naples, a new upscale residential and retail development (www.theavenuenaples.com)
- Easy access to major routes and waterfront attractions
?? Unit Details
- Size: 2,027 SF (largest in the building)
- Configuration: Units 202 & 203 joined together
- Verification: Per property appraiser; buyer should confirm all details for accuracy
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MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| NSI Insurance Group |
-
|
May 2025
|
Presented by
Richard Arnold
700 11th St S - Floresta Building-Downtown Naples Office
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