$265,000
●
Condo -
Off Market
1036 Mainsail Drive #721
Naples, FL 34114
3 Beds
2 Baths
1,411 Ft²
$1,715
Est. Monthly
About This Property
Make your way through beautiful Marco Shores and step inside this
delightful 3 bedroom, 2 bathroom condo at Fairways I. This charming
home offers a desirable split floor plan and is conveniently
located close to Marco Island while also providing a quick drive to
Naples shopping as well. The split bedroom unit includes a number
of pleasant features, including real wood flooring in the kitchen
and dining area (carpet in bedrooms and living room, tile in
bathrooms), side windows for extra natural Florida sunshine
lighting, and a peaceful outdoor tiled lanai with a preserve view.
This unit comes turnkey, meaning all you have to bring is your
suitcase. The AC was replaced in 2023, while the hot water heated
was replaced in 2021. Roof replaced in 2019. Washer and dryer
included in the unit. Fairways includes relaxing amenities such as
a community pool and cabana, as well as an outdoor path to take in
the sunshine. If serene living in world-renowned Southwest Florida
at an affordable price point sounds right for you, check out
Fairways I today.
Unit Size
1,411 Ft²
Days on Market
164 days
Land Size
-
Price per sqft
$212
Property Type
Condo
Property Taxes
$246
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 8 months ago ( #225074616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 28, 2026 | Price Decreased |
$299,000
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Dec 31, 2025 | Price Decreased |
$319,000
↓ $40K
(11.1%) | |
| Price Decreased | |||
| Oct 10, 2025 | Listed by Re/Max Alliance Group | $359,000 | |
| Listed by Re/Max Alliance Group | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Assigned, Detached Carport, OneSpace
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, Eat-in Kitchen, Pantry, Walk-In Closet(s), Bathtub, LivingDiningRoom, SeparateShower, SplitBedrooms
Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Range, Refrigerator, Washer, RefrigeratorWithIceMaker
Flooring Type: Carpet, Tile, Wood
Laundry Features: Inside
Rooms: 7
Exterior Details
Has Property Attached
Square Footage: 1411
Property Condition: Resale
Architectural Style: Contemporary, LowRise
Year Built: 1994
Waterfront Features: None
Building Area Total: 1614
Window Features: Sliding
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Porch, Screened, Lanai
Pool Features: Community
Lot Features: OversizedLot
Lot Size Units: Acres
Tax Lot: 721
Water Source: Public
Financial Details
Tax Annual Amount: $2,957
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Pest Control, Trash, AssociationManagement, IrrigationWater
HOA/Condo/Coop Amenities: Cabana, Pool, Management, SeeRemarks, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/10/2025
|
3 Bed
|
2 Bath
|
1411 ft²
|
$359,000
3 Bed
2 Bath
1411 ft²
|
$265,000
-26.18%
03/23/2026
|
Christine Robinson PA
Real Broker, LLC
| |
|
07/17/2025
|
3 Bed
|
2 Bath
|
1411 ft²
|
$324,900
3 Bed
2 Bath
1411 ft²
|
$265,000
-18.44%
10/10/2025
|
Scott Needles
John R Wood Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017