Welcome to 3204 Karen Drive, a beautifully built 2023 duplex in Naples with no HOA. This versatile property offers two independent 2-bedroom, 2-bathroom residences, each with its own attached 2-car garage, private outdoor space, modern finishes, and open-concept living areas.
The property is currently arranged to support two different rental formats:
Unit 1 is maintained as a complete 2-bedroom, 2-bathroom residence and may be rented as an entire unit or occupied by the owner.
Unit 2 is currently configured for room-by-room rentals, with the two bedrooms rented separately and tenants sharing the common living, dining, kitchen, and outdoor areas.
This flexible setup provides several potential ownership strategies. An investor may rent Unit 1 as an entire residence while continuing to operate Unit 2 as a room-by-room rental. An owner-occupant may live comfortably in Unit 1 while generating income from the individual rooms in Unit 2. A future buyer may also choose a different rental or occupancy strategy based on personal needs, management preferences, and applicable regulations.
Each residence offers a spacious and functional floor plan with abundant natural light, contemporary kitchens, quality finishes, two full bathrooms, and generous garage and driveway parking. The newer construction provides the benefit of modern systems and lower-maintenance living compared with many older multifamily properties in the area.
Located just minutes from Downtown Naples, Naples Botanical Garden, shopping, dining, beaches, Gulf access, and everyday conveniences, the property combines income potential with a desirable Naples location.
Property highlights include:
• Built in 2023
• No HOA
• Duplex with two independent 2-bedroom, 2-bathroom residences
• Attached 2-car garage for each unit
• Private outdoor space for each residence
• Modern kitchens and quality finishes
• Open-concept floor plans with abundant natural light
• Unit 1 currently maintained as an entire residence
• Unit 2 currently arranged for room-by-room rentals
• Multiple options for investment, owner occupancy, house hacking, or multigenerational living
• Convenient access to major roads, restaurants, shopping, beaches, and Gulf access
Whether you are expanding your real estate portfolio, searching for a property that can help offset your housing expenses, or looking for flexible living arrangements, 3204 Karen Drive offers multiple possibilities that are difficult to find in today’s Naples market.
The property has been used as both a personal residence and a rental property. Rental income, occupancy, operating expenses, and permitted uses will vary depending on the buyer’s management strategy. Buyers should independently verify all rental regulations, licensing requirements, income projections, and property information as part of their due diligence.
For sale by owner
Price cut: $15K (8/29)
$949,900
3204 Karen Dr, Naples, FL 34112
4beds
2,940sqft
MultiFamily
Built in 2023
-- sqft lot
$-- Zestimate®
$323/sqft
$-- HOA
Overview
- 62 days
- 449
- 33
Listed by:
Property Owner (949) 877-9996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other, Wall
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 2,940 sqft
Property
Features
- Exterior features: Stucco
- Has spa: Yes
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 61839200007
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 2023
Community & HOA
Location
- Region: Naples
Financial & listing details
- Price per square foot: $323/sqft
- Tax assessed value: $725,365
- Annual tax amount: $9,675
- Date on market: 7/8/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Price change | $949,900-1.6%$323/sqft |
Source: Owner Report a problem | ||
| 8/21/2026 | Price change | $964,900-1%$328/sqft |
Source: Owner Report a problem | ||
| 7/30/2026 | Price change | $974,900-2.5%$332/sqft |
Source: Owner Report a problem | ||
| 7/13/2026 | Price change | $999,900+0.1%$340/sqft |
Source: Owner Report a problem | ||
| 7/8/2026 | Listed for sale | $999,000-8.3%$340/sqft |
Source: Owner Report a problem | ||
| 1/7/2026 | Listing removed | $3,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/18/2025 | Price change | $3,900-17%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/10/2025 | Listed for rent | $4,700+20.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/28/2025 | Listing removed | $3,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/17/2025 | Price change | $3,900-2.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2025 | Listed for rent | $4,000+14.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2025 | Listing removed | $1,090,000$371/sqft |
Source: | ||
| 9/7/2025 | Listing removed | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/17/2025 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2025 | Price change | $1,090,000-9.2%$371/sqft |
Source: | ||
| 1/15/2025 | Listed for sale | $1,200,000+14.3%$408/sqft |
Source: | ||
| 1/6/2025 | Listing removed | $3,500-12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/1/2025 | Listed for rent | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Listing removed | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2024 | Price change | $4,000-33.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2024 | Price change | $6,000+9.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/11/2024 | Listed for rent | $5,500-8.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/29/2024 | Listing removed | $6,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/27/2024 | Price change | $6,000-11.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2024 | Listed for rent | $6,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2023 | Sold | $1,050,000+1300%$357/sqft |
Source: | ||
| 3/25/2019 | Sold | $75,000-48.3%$26/sqft |
Source: Public Record Report a problem | ||
| 12/20/2005 | Sold | $145,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,675 +0.7% | $725,365 -2.9% |
| 2024 | $9,606 +725.6% | $746,711 +976.4% |
| 2023 | $1,164 +15.8% | $69,369 +10% |
| 2022 | $1,005 +27.2% | $63,063 +10% |
| 2021 | $790 +0.8% | $57,330 |
| 2020 | $784 +35.4% | $57,330 +73% |
| 2019 | $579 +19.5% | $33,144 +10% |
| 2018 | $484 | $30,131 +10% |
| 2017 | $484 -2% | $27,392 +10% |
| 2016 | $494 +17.3% | $24,902 +10% |
| 2015 | $421 +8% | $22,638 +10% |
| 2014 | $390 -7.1% | $20,580 -30% |
| 2013 | $420 +4% | $29,400 +5.3% |
| 2012 | $404 +10.8% | $27,930 +10.3% |
| 2011 | $365 -45.3% | $25,320 |
| 2010 | $666 -8.4% | $25,320 -48.2% |
| 2009 | $727 | $48,840 -15.3% |
| 2008 | $727 -31.9% | $57,660 -4.9% |
| 2007 | $1,068 +92.7% | $60,600 -19.5% |
| 2006 | $554 | $75,300 +103.1% |
| 2005 | $554 | $37,080 +112.2% |
| 2004 | -- | $17,477 -21.8% |
| 2003 | -- | $22,347 +2.4% |
| 2002 | -- | $21,823 +1.6% |
| 2001 | -- | $21,479 |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment







