30
Map
1670 Dolphin Court
About This Property
Build your custom waterfront estate on this exceptional 80' x 135' lot in one of Naples' most desirable boating communities. Featuring a NEW SEAWALL ALREADY IN PLACE, this property offers a valuable head start on construction while enhancing long-term waterfront stability. Ideally positioned just minutes from Naples Bay with DIRECT GULF ACCESS VIA GORDON PASS, the property also offers DEEP WATER FRONTAGE-perfect for boating enthusiasts seeking quick, bridge-free access to open water. Enjoy SUN-DRENCHED SOUTHERN EXPOSURE, long water views, and breathtaking sunset skies from your future outdoor living spaces.
Tucked away on a QUIET CUL-DE-SAC WITH NO THROUGH TRAFFIC AND NO HOA FEES, the setting is both private and established, surrounded by luxury residences-including a recent $15M sale just steps away. At a quarter acre, this is one of the LARGER WATERFRONT HOMESITES IN ROYAL HARBOR, offering flexibility to design a spacious custom home with expansive indoor-outdoor living, pool, and dock. Draft plans by Stofft Cooney for a 4,000+ sq ft luxury residence are available.
Located approximately 7 MINUTES TO NAPLES' WHITE-SAND BEACHES, FIFTH AVENUE SOUTH, AND THIRD STREET SOUTH, you'll enjoy effortless access to fine dining, boutique shopping, and the vibrant coastal lifestyle that defines Naples living.
A RARE OPPORTUNITY TO CREATE A CUSTOM WATERFRONT RETREAT IN A PREMIER GULF-ACCESS NEIGHBORHOOD.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$3,295,000
↓ $100K
(3%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$3,395,000
↓ $100K
(2.9%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$3,495,000
↓ $200K
(5.4%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017