19
Map
$85,000
↓ $5K (5.5%)
●
Condo -
For Sale
181 Grassy Key Lane #49
Naples, FL 34114
2 Beds
2 Baths
648 Ft²
$581
Est. Monthly
$125
HOA / Fees
32.27%
Cap Rate
About This Property
Opportunity awaits in West Wind Estates! Own your piece of Naples
for under $100,000 in this quiet 55+ community conveniently located
near Marco Island, downtown Naples, shopping, dining, local
beaches, and public boat ramps with quick Gulf access. This
property is ideal for investors, seasonal residents, or buyers
willing to put some sweat equity into creating their own Florida
retreat.
The home needs TLC and is priced accordingly, offering a chance to renovate, update, or reimagine the space while enjoying all the benefits of the community and location. West Wind Estates features low fees and amenities including a clubhouse, community pool, shuffleboard, pickleball, billiards, fitness area, and social activities.
If you've been looking for an affordable entry into the Naples lifestyle with strong potential and a great location, this could be the opportunity you've been waiting for.
The home needs TLC and is priced accordingly, offering a chance to renovate, update, or reimagine the space while enjoying all the benefits of the community and location. West Wind Estates features low fees and amenities including a clubhouse, community pool, shuffleboard, pickleball, billiards, fitness area, and social activities.
If you've been looking for an affordable entry into the Naples lifestyle with strong potential and a great location, this could be the opportunity you've been waiting for.
Unit Size
648 Ft²
Days on Market
173 days
Land Size
-
Price per sqft
$131
Property Type
Condo
Property Taxes
$38
HOA Dues
$125
Year Built
1976
Listed By
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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: 15 days ago ( #226019030)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | Price Decreased |
$85,000
↓ $5K
(5.5%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$89,900
↓ $10K
(10%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Coldwell Banker Realty | $99,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Parking Details
Has Carport
Has Open Parking
Parking Features: Driveway, Paved, Attached Carport
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, ShowerOnly, SeparateShower, WindowTreatments, SplitBedrooms
Appliances: Electric Cooktop
Flooring Type: Laminate
Exterior Details
Square Footage: 648
Square Footage Source: $0
Architectural Style: Other, ManufacturedHome
Year Built: 1976
Waterfront Features: None
Building Area Total: 1502
Window Features: Shutters, Window Coverings, Other
Construction Materials: Aluminum Siding, Manufactured
Patio and Porch Features: Porch, Screened, Lanai
Pool Features: Community
Lot Features: Other
Lot Size Units: Acres
Tax Lot: 49
Water Source: Public
Financial Details
Tax Annual Amount: $452
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Other
HOA/Condo/Coop Amenities: Billiard Room, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Shuffleboard Court, Tennis Court(s), Management, BocceCourt, Billiards, BikeStorage, Pickleball
Condo/Coop Fee: $1,500
Condo/Coop Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017