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For sale by owner
  • Price cut: $15K (8/29)
    $949,900

    3204 Karen Dr, Naples, FL 34112

    4beds
    2,940sqft
    : 
    $5,907/mo
    Get pre-qualified
    MultiFamily
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $323/sqft
    $-- HOA

    Overview

    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.
    62 days
    449
    33
    Listed by:

    Property Owner (949) 877-9996

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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

        DateEventPrice
        8/29/2026Price change$949,900-1.6%$323/sqft
        Source: Owner Report a problem
        8/21/2026Price change$964,900-1%$328/sqft
        Source: Owner Report a problem
        7/30/2026Price change$974,900-2.5%$332/sqft
        Source: Owner Report a problem
        7/13/2026Price change$999,900+0.1%$340/sqft
        Source: Owner Report a problem
        7/8/2026Listed for sale$999,000-8.3%$340/sqft
        Source: Owner Report a problem
        1/7/2026Listing removed$3,900$1/sqft
        Source: Zillow Rentals Report a problem
        12/18/2025Price change$3,900-17%$1/sqft
        Source: Zillow Rentals Report a problem
        12/10/2025Listed for rent$4,700+20.5%$2/sqft
        Source: Zillow Rentals Report a problem
        11/28/2025Listing removed$3,900$1/sqft
        Source: Zillow Rentals Report a problem
        10/17/2025Price change$3,900-2.5%$1/sqft
        Source: Zillow Rentals Report a problem
        10/15/2025Listed for rent$4,000+14.3%$1/sqft
        Source: Zillow Rentals Report a problem
        9/19/2025Listing removed$1,090,000$371/sqft
        Source: SWFLMLS #225002960 Report a problem
        9/7/2025Listing removed$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        8/17/2025Listed for rent$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        6/12/2025Price change$1,090,000-9.2%$371/sqft
        Source: SWFLMLS #225002960 Report a problem
        1/15/2025Listed for sale$1,200,000+14.3%$408/sqft
        Source: SWFLMLS #225002960 Report a problem
        1/6/2025Listing removed$3,500-12.5%$1/sqft
        Source: Zillow Rentals Report a problem
        1/1/2025Listed for rent$4,000$1/sqft
        Source: Zillow Rentals Report a problem
        11/23/2024Listing removed$4,000$1/sqft
        Source: Zillow Rentals Report a problem
        11/20/2024Price change$4,000-33.3%$1/sqft
        Source: Zillow Rentals Report a problem
        11/18/2024Price change$6,000+9.1%$2/sqft
        Source: Zillow Rentals Report a problem
        11/11/2024Listed for rent$5,500-8.3%$2/sqft
        Source: Zillow Rentals Report a problem
        10/29/2024Listing removed$6,000$2/sqft
        Source: Zillow Rentals Report a problem
        10/27/2024Price change$6,000-11.1%$2/sqft
        Source: Zillow Rentals Report a problem
        10/21/2024Listed for rent$6,750$2/sqft
        Source: Zillow Rentals Report a problem
        12/20/2023Sold$1,050,000+1300%$357/sqft
        Source: Florida Gulf Coast MLS #223062872 Report a problem
        3/25/2019Sold$75,000-48.3%$26/sqft
        Source: Public Record Report a problem
        12/20/2005Sold$145,000$49/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34112

        Getting around

        34 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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