$198,000
●
Condo -
Off Market
208 Palm Drive #4
Naples, FL 34112
2 Beds
2 Baths
1,010 Ft²
$2,151
Est. Monthly
$1,053
HOA / Fees
18.31%
Cap Rate
About This Property
Step into luxury at The Glades Golf and Country Club with this
fully-furnished 2-bedroom, 2-bathroom golf condo. The spacious
kitchen boasts granite countertops, with an island, and with great
appliances, all set against tile flooring. The owner's private
bathroom features attractive double sinks in the vanity. Enjoy the
seamless transition into the L-shaped screen porch off the living
room. Embrace the Florida lifestyle with impact windows and doors,
plus a retractable screen door. The Glades Golf and Country Club
offers a full golf membership for access to both the Pines and
Palmetto courses. Beyond golf, the community provides 6 tennis
courts, 12 pickleball courts, and nine heated swimming pools.
Socialize at the 19th Hole Restaurant & Bar or engage in clubhouse
activities, including a library, art room, golf pro shop and
learning center. With complete care of two 18-hole
equity-owned golf courses and included services like cable,
water/sewer, and internet, this condo is a perfect blend of luxury
and recreation. Welcome to your golfing paradise!
Unit Size
1,010 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
Condo
Property Taxes
$125
HOA Dues
$1,053
Year Built
-
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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: 2 years ago (SWFLMLS #224008696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 22, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 29, 2025 | Listed by John R Wood Properties | $198,000 | |
| Listed by John R Wood Properties | |||
| | |||
|
Beautifully situated in The Glades Country Club, this 2-bed, 2-bath condo offers a fantastic opportunity for buyers seeking an active lifestyle just minutes from downtown Naples and the stunning Gulf beaches. The Glades is renowned for its bundled golf community, featuring two renovated golf courses (a par-70 and a par-55), clubhouse with dining, tennis & pickleball courts, bocce, nine resort-style pools, and a vibrant social calendar. This unit offers spacious living with a screened lanai, and in-unit laundry. Rentals are allowed (30-day minimum, 12x per year). Buyer’s agent to verify membership fees and rental policies.
| |||
| Jan 27, 2025 | No longer available | - | |
| No longer available | |||
| Dec 28, 2024 | Price Decreased |
$198,000
↓ $20K
(9.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Paved, One Space, Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: Two
Interior Features: Dual Sinks, Eat In Kitchen, Family Dining Room, Kitchen Island, Living Dining Room, Shower Only, Separate Shower, Cable Tv, High Speed Internet, Split Bedrooms
Appliances: Electric Cooktop, Disposal, Refrigerator, Tankless Water Heater, Washer
Flooring Type: Tile
Living Area Square Feet Source: CondoDocuments
Laundry Features: Washer Hookup, Dryer Hookup
Exterior Details
Property Condition: Resale
Year Built: 1973
Waterfront Features: None
Home Type: Residential
Architectural Style: Two Story, Low Rise
Foundation Details: Raised
Roof: BuiltUp, Flat
Window Features: Impact Glass, Sliding
Construction Materials: Brick, Block, Concrete
Outdoor Living Structures: Balcony, Lanai, Porch, Screened
CornerLot, OnGolfCourse
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,505
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric, Heat Pump, Zoned
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available
Location Details
Association Fee Includes: AssociationManagement, CableTv, Golf, Insurance, Internet, IrrigationWater, Laundry, LegalAccounting, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, StreetLights, Security, Trash, Water
Association Amenities: Golf Course, Pickleball, Private Membership, Restaurant, Racquetball, Tennis Courts
Association Fee3: $1,053
Association Fee3 Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
01/29/2025
|
2 Bed
|
2 Bath
|
1010 ft²
|
$198,000
2 Bed
2 Bath
1010 ft²
|
-
-
|
Rhina Delgado
LuxRe, LLC
| |
|
12/28/2024
|
2 Bed
|
2 Bath
|
1030 ft²
|
$199,900
2 Bed
2 Bath
1030 ft²
|
-
-
|
Susan Antonio
Downing Frye Realty Inc.
| |
|
05/24/2024
|
2 Bed
|
2 Bath
|
1010 ft²
|
$299,000
2 Bed
2 Bath
1010 ft²
|
-
-
|
Kim Pojeta
MVP Realty Associates LLC
| |
|
01/25/2024
|
2 Bed
|
2 Bath
|
1010 ft²
|
$218,000
2 Bed
2 Bath
1010 ft²
|
-
-
|
Rhina Delgado
LuxRe, LLC
| |
|
07/21/2023
|
2 Bed
|
2 Bath
|
1010 ft²
|
$229,000
2 Bed
2 Bath
1010 ft²
|
-
-
|
Trip McNamara
Premiere Plus Realty Co.
| |
|
05/01/2019
|
2 Bed
|
2 Bath
|
1010 ft²
|
$135,000
2 Bed
2 Bath
1010 ft²
|
-
-
|
-
| |
|
12/21/2018
|
2 Bed
|
2 Bath
|
1010 ft²
|
$137,500
2 Bed
2 Bath
1010 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1010 ft²
|
-
2 Bed
2 Bath
1010 ft²
|
-
-
|
-
|
|
08/07/2009
|
2 Bed
|
2 Bath
|
1010 ft²
|
$49,900
2 Bed
2 Bath
1010 ft²
|
$51,000
+2.20%
12/28/2009
|
Robert Sievers
L.H. Fleming & Company, Real Estate
|
Building Info
About East Naples
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Listed by: Rhina Delgado, John R Wood Properties
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224008696
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224008696
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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