1196 Westlake Boulevard
About This Property
Step inside and prepare to be captivated by the open-concept design, bathed in natural light. The spacious living area features soaring vaulted ceilings and seamless indoor-outdoor flow onto a huge covered lanai, making it perfect for entertaining or unwinding with loved ones. The gourmet kitchen is a chef's dream, boasting high-end stainless steel appliances, pristine quartz countertops/backsplash and beautiful gold hardware on the brand new white cabinetry.
The primary suite is a private oasis, complete with a spa-like ensuite bathroom and generous walk-in closet. Wake up to serene views of lush greenery and treat yourself to morning coffee on your private lanai. The 3 additional bedrooms are equally inviting allowing for a guest room/s, kids nursery, kids room with bunk beds or even a playroom.
Outside, the meticulously landscaped backyard feels like your own tropical paradise. Plenty of room for a small pool while preserving some of the green space as well. Pool quote available upon request.
The 2 car garage already equipped with epoxy and washer/dryer.
Beyond the property, you'll find yourself in one of Naples' most sought-after neighborhoods. Prized for its proximity to the Gulf, top-rated schools, Mercato, Waterside shops, Venetian Village and more, this location is ideal for anyone seeking both convenience and sophistication. This property would make sense for a full-time occupant or due to the no HOA, it allows the potential for a savvy investor to rent long term or establish it as one of the hottest Airbnb's in the area.
This is truly ready to move-in immediately post-closing. From there, the choice is yours!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 24, 2026 | Price Decreased |
$749,999
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$759,500
↓ $16K
(2%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by Compass Florida LLC | $775,000 | |
| Listed by Compass Florida LLC | |||
| Nov 18, 2025 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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Price/ft²
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017