$862,000
●
House -
Off Market
18000 Bluewater Drive
Naples, FL 34114
3 Beds
2 Baths
1,833 Ft²
$940,695
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
This beautiful custom home is in the highly sought-after community
of Royal Palm Golf Estates. Built in 2017, this pool home features
a split floor plan, spacious open layout w/ vaulted ceilings, tile
floors throughout, & hurricane impact windows. Features include
central vac, outdoor speakers, & pet friendly doggy door. Eat in
kitchen w/ breakfast bar opens to cozy great room. Master bedroom
has two walk-in closets, separate shower & tub, & separate sink
vanities. Impact sliding doors lead out to an amazing, enclosed
pool patio and lanai. This home has a saltwater-solar heated pool,
stunning landscaped backyard w/ a gorgeous view of the lake & golf
course! Low HOA of $132.94 per quarter. Enjoy dining & golfing at
Eagle Lakes Golf Club. Located a short distance from Marco Island &
5th Ave!
Unit Size
1,833 Ft²
Days on Market
75 days
Land Size
0.31 acres
Price per sqft
$490
Property Type
House
Property Taxes
$348
HOA Dues
$133
Year Built
2017
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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: 3 months ago (Beaches MLS #F10342699)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by The Real Estate Collection SF | $899,000 | |
| Listed by The Real Estate Collection SF | |||
| | |||
|
This beautiful custom home is in the highly sought-after community of Royal Palm Golf Estates. Built in 2017, this pool home features a split floor plan, spacious open layout w/ vaulted ceilings, tile floors throughout, & hurricane impact windows. Features include central vac, outdoor speakers, & pet friendly doggy door. Eat in kitchen w/ breakfast bar opens to cozy great room. Master bedroom has two walk-in closets, separate shower & tub, & separate sink vanities. Impact sliding doors lead out to an amazing, enclosed pool patio and lanai. This home has a saltwater-solar heated pool, stunning landscaped backyard w/ a gorgeous view of the lake & golf course! Low HOA of $132.94 per quarter. Enjoy dining & golfing at Eagle Lakes Golf Club. Located a short distance from Marco Island & 5th Ave!
| |||
| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| May 15, 2022 | Price Decreased |
$1,150,000
↓ $100K
(8%) | |
| Price Decreased | |||
| Apr 26, 2022 | Listed by The Real Estate Collection SF | $1,250,000 | |
| Listed by The Real Estate Collection SF | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About Royal Fakapalm
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Listed by: Erin Collins
The Real Estate Collection SF
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10342699
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
The Real Estate Collection SF
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10342699
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