$145,000
●
Condo -
Off Market
200 Pebble Beach Boulevard #D406
Naples, FL 34113
2 Beds
2 Baths
1,004 Ft²
$988
Est. Monthly
18.70%
Cap Rate
About This Property
On the fourth floor of Fairway Towers in Lely, Unit D406 delivers a
blend of value, potential and prime location. This is your
opportunity to own a Naples condominium with solid bones and
endless upside. Move-in ready with laminate flooring in kitchen and
baths, new faucets and fixtures, new water heater and new toilets.
Open-concept layout flooded with natural light streaming in from
the large screened lanai. Prime personalization opportunity,
although dated in areas, cosmetic updates (paint, cabinetry,
appliances) could modernize the space transforming D406 into your
custom resort retreat at a fraction of the cost of a fully
renovated unit. Resort lifestyle includes community pool, community
room, covered parking, elevator, mail room and laundry on each
floor of the building. Easy access to Tamiami Trail East leading to
5th Avenue and Marco Island beaches and shops. The smart buy in
Lely. Craft equity while enjoying the views and amenities from day
one.
Unit Size
1,004 Ft²
Days on Market
125 days
Land Size
-
Price per sqft
$164
Property Type
Condo
Property Taxes
$177
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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: 7 months ago ( #225078290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Price Decreased |
$165,000
↓ $10K
(5.7%) | |
| Price Decreased | |||
| Dec 29, 2025 | Price Decreased |
$175,000
↓ $15K
(7.9%) | |
| Price Decreased | |||
| Nov 7, 2025 | Listed by Premier Sotheby's Int'l Realty | $190,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Has Carport
Parking Features: Assigned, Covered, Detached Carport, OneSpace
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), High Speed Internet, LivingDiningRoom, TubShower, CableTv, WindowTreatments, SplitBedrooms
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Flooring Type: Carpet, Laminate
Laundry Features: Common Area
Exterior Details
Has Property Attached
Square Footage: 1004
Square Footage Source: $0
Property Condition: Resale
Architectural Style: MultiLevel, MidRise
Year Built: 1974
Waterfront Features: None
Building Area Total: 1186
Window Features: Window Coverings, Jalousie, Sliding
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Porch, Screened, Lanai
Pool Features: Community
Lot Features: Zero Lot Line
Lot Size Units: Acres
Tax Lot: 406
Water Source: Public
Financial Details
Tax Annual Amount: $2,128
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Maintenance Grounds, AssociationManagement, Laundry
HOA/Condo/Coop Amenities: Clubhouse, Laundry, Pool, Management, BikeStorage, Sidewalks, VehicleWashArea
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 |
|---|---|---|---|---|---|---|---|
|
11/15/2025
|
2 Bed
|
2 Bath
|
1150 ft²
|
$260,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
Tennille Tateo
John R. Wood Properties
| |
|
03/01/2026
|
2 Bed
|
2 Bath
|
1075 ft²
|
$270,000
2 Bed
2 Bath
1075 ft²
|
-
-
|
Erin Risher
John R Wood Properties
| |
|
11/07/2025
|
2 Bed
|
2 Bath
|
1004 ft²
|
$190,000
2 Bed
2 Bath
1004 ft²
|
$145,000
-23.68%
03/12/2026
|
Dana Perkins
Premier Sotheby's Int'l Realty
| |
|
03/14/2025
|
2 Bed
|
2 Bath
|
1075 ft²
|
$270,000
2 Bed
2 Bath
1075 ft²
|
-
-
|
Tennille Tateo
John R. Wood Properties
| |
|
01/04/2024
|
2 Bed
|
2 Bath
|
1060 ft²
|
$279,900
2 Bed
2 Bath
1060 ft²
|
-
-
|
Michelle Thomas
Premier Sotheby's International Realty
| |
|
11/01/2023
|
2 Bed
|
2 Bath
|
1067 ft²
|
$325,000
2 Bed
2 Bath
1067 ft²
|
-
-
|
Jonathan Minerick
HomeCoin.com
| |
|
11/17/2022
|
2 Bed
|
2 Bath
|
1060 ft²
|
$219,900
2 Bed
2 Bath
1060 ft²
|
-
-
|
Barrett Pastor
MVP Realty Associates LLC
| |
|
04/27/2022
|
2 Bed
|
2 Bath
|
1060 ft²
|
$262,000
2 Bed
2 Bath
1060 ft²
|
-
-
|
Mary Cook
Premiere Plus Realty Co.
| |
|
05/25/2021
|
2 Bed
|
2 Bath
|
1050 ft²
|
$170,000
2 Bed
2 Bath
1050 ft²
|
$155,000
-8.82%
08/06/2021
|
Brad Monroe
SUNCOAST REALTY SOLUTIONS, LLC
| |
|
12/13/2019
|
2 Bed
|
2 Bath
|
1060 ft²
|
$179,000
2 Bed
2 Bath
1060 ft²
|
-
-
|
-
| |
|
02/25/2019
|
2 Bed
|
2 Bath
|
1050 ft²
|
$135,000
2 Bed
2 Bath
1050 ft²
|
-
-
|
-
| |
|
01/23/2019
|
2 Bed
|
2 Bath
|
1060 ft²
|
$149,000
2 Bed
2 Bath
1060 ft²
|
-
-
|
-
| |
|
11/16/2018
|
2 Bed
|
2 Bath
|
1060 ft²
|
$169,900
2 Bed
2 Bath
1060 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1060 ft²
|
-
2 Bed
2 Bath
1060 ft²
|
-
-
|
-
|
|
11/01/2011
| |
2 Bed
|
2 Bath
|
1060 ft²
|
$109,900
2 Bed
2 Bath
1060 ft²
|
$99,900
-9.10%
05/23/2013
|
David Schulz
Schulz Realty LLC
|
|
01/05/2011
|
2 Bed
|
2 Bath
|
1021 ft²
|
$69,900
2 Bed
2 Bath
1021 ft²
|
$66,500
-4.86%
03/29/2011
|
Robert Cuccinello
AT BROKERS LLC
|
Building Info
200 Pebble Beach Boulevard
200 Pebble Beach Boulevard, Naples, FL 34113
- 1 Unit for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017