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Map
12068 Azalea Way
About This Property
Significantly reduced and offered by a motivated seller, this exceptional 2023 Captiva stands apart for its extensive list of premium upgrades and thoughtful after-market enhancements.
Outdoor living is a true highlight of this home. The iconic 37 × 22-foot covered lanai features a state-of-the-art summer kitchen and opens to a custom saltwater pool and spa with lighted waterfall and elegant spill-over bowls-creating a private resort atmosphere day or night.
Inside, the home features a soft coastal decor, professionally painted throughout, with built-in and custom shelving in multiple rooms. Four en-suite bedrooms, plus a convenient half bath, offer comfortable accommodations ideal for beachy visitors and guests. The kitchen is finished with GE Profile appliances, soft-close cabinets and drawers, extended quartz countertops, and a large center island. Hardwood flooring runs throughout the entire residence (no carpet), while all bathrooms are finished with upgraded porcelain tile. Solid-core doors, custom window coverings with designer valances, surround-sound speakers in the main living and entertainment areas, and abundant recessed lighting with dimmer switches complete the elevated interior.
The air-conditioned, extended-length three-car garage includes epoxy floors and provides generous space for vehicles and storage. Comfort and air quality are enhanced by Carrier Infinity Series systems with air purification and UV sanitizing, along with natural gas service for the cooktop, tankless water heater, and pool heater.
Built with concrete block construction, a concrete tile roof, impact glass doors and windows, and located in an X flood zone, the home offers both durability and peace of mind. Situated on a nearly half-acre corner lot along a quiet cul-de-sac and just a short stroll from the clubhouse, this well-appointed Captiva is ready for its next owner.
Valencia Trails is a gated community that redefines resort-style sophistication for active adults. Residents enjoy a grand 43,000-square-foot clubhouse with an on-site gourmet restaurant and bar, a state-of-the-art fitness center with steam rooms, a full-service massage and nail salon, multiple resort-style pools (including a beach-entry pool and dedicated lap pool), and an outstanding racquet club with 8 dedicated pickleball courts and 6 Har-Tru tennis courts, all supported by on-site professionals. Beautifully landscaped walking and biking trails wind through preserved natural areas, offering serene strolls amid Florida scenery.
Valencia Trails delivers an uncompromisingly luxurious, low-maintenance lifestyle with impeccably maintained grounds, arts and crafts studio, sophisticated social hall, and a vibrant year-round calendar of clubs, classes, and events-all thoughtfully crafted for elevated everyday living in one of Naples' most desirable 55+ communities.
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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 |
|---|---|---|---|
| Oct 22, 2026 | Sold | ||
| Sold | |||
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Relisted | $1,799,000 | |
| Relisted | |||
| May 21, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 24, 2026 | Price Decreased |
$1,845,000
↓ $50K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017