1300 Cobia Court
About This Property
The open floor plan facilitates seamless movement from the family room and dining room into the kitchen, with fully pocketing, impact-resistant sliding doors that lead outside. The interior boasts wide-plank wood flooring, coffered ceilings, custom built-ins, and designer finishes, creating an atmosphere of warmth and comfort.
The chef's kitchen is equipped with a large quartz center island, a Wolf gas range, double wall ovens, a Subzero paneled refrigerator, two Asko dishwashers, a beverage center, and a walk-in butler's pantry with a laundry area. The primary suite is conveniently located on the main level and includes an attached spa bath featuring a deep soaker tub, a smart Duravit toilet, a separate shower, dual vanities, and walk-in closets.
Upstairs, there is an additional expansive family room complete with a beverage center, along with three additional bedrooms, each featuring a walk-in closet and private bath, as well as a second laundry room. This floor serves as the perfect retreat for friends and family.
One of the standout features of this home is the waterfront living opportunity afforded by 148 feet of frontage on a 50' width canal, providing direct Gulf access along with a dock and lift for water toys. The outdoor living space offers an infinity edge pool with spa as well as a covered outdoor kitchen, dining, and lounge area ideally finished with fire place, and automated roll down screens and shutters.
For added peace of mind, the home is equipped with a whole house generator.
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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 |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Price Decreased |
$6,999,000
↓ $399K
(5.4%) | |
| Price Decreased | |||
| Oct 17, 2025 | Listed by Compass Florida LLC | $7,398,000 | |
| Listed by Compass Florida LLC | |||
| May 8, 2025 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017