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18499 Royal Hammock Boulevard
About This Property
Build the custom home you've always envisioned on one of the most desirable homesites in Royal Palm Golf Estates. This oversized .33-acre lot offers prized southern exposure, peaceful canal frontage, and beautiful preserve views where wildlife provides a stunning natural backdrop every day.
Enjoy fishing from your own backyard, free canal irrigation for your landscaping, and the privacy that comes with one of the community's premier locations. Unlike many golf communities, Royal Palm Golf Estates offers a championship golf course without requiring a golf membership, allowing you to enjoy the lifestyle without the added expense. Located just minutes from Marco Island, downtown Naples, world-famous beaches, shopping, dining, and entertainment, this homesite offers the perfect combination of luxury, convenience, and natural beauty.
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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 |
|---|---|---|---|
| Jan 8, 2026 | Listed by Achieve Realty LLC | $199,900 | |
| Listed by Achieve Realty LLC | |||
| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 3, 2024 | Price Decreased |
$229,000
↓ $20K
(8%) | |
| Price Decreased | |||
| Dec 20, 2023 | Listed by Achieve Realty LLC | $249,000 | |
| Listed by Achieve Realty LLC | |||
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FANTASTIC PRICE REDUCTION! FANTASTIC LOT! BEST LOT HERE! PERFECT FOR YOUR SPECIAL HOME! On .33 Acre with Southern exposure and waterfront views. I love this lot because of the spectacular views. Across the canal you will see Deer & Beef Cattle grazing. Fish from your own backyard! Brackish water that runs out to the Gulf so you get big game fish like Snook and Tarpon as well as Redfish and many others. Neighbor caught a 6ft Tarpon! YOU CAN PUMP THE WATER FOR FREE IRRIGATION WATER! CHECKOUT FLOOR PLAN ATTACHED! You can put up a Fence on canal lots the only place allowed in community. Build your fabulous Vacation Home in this wonderful community with the lowest fees only $372 QUARTER! And NO Mandatory Golf FEES! Super hot community with DR Horton the nations largest builder now building homes here. Royal Palm Golf Estates offers so much! 10 minutes to Marco, 15 Minutes to 5th Ave. Abundant wildlife with Eagles. Golden Hawks, Egrets, Herons and Sandhill Cranes
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017