EXPANSIVE WATER AND GOLF COURSE VIEWS set the stage for this
beautifully updated Somerset villa in highly sought-after Windstar
on Naples Bay. Offering 1,833 square feet under air and 2,464 total
square feet, this 3-bedroom, 2-bath residence combines the ease of
villa living with the privacy and feel of a single-family home. An
exceptional floor plan blends comfort and functionality, while the
updated kitchen features custom wood cabinetry, Bosch stainless
steel appliances and granite countertops. Freshly painted in a
neutral color palette, additional features include wood flooring,
plantation shutters, hurricane impact-resistant windows and doors,
and a 2025 HVAC system. The large screened lanai showcases peaceful
lake views extending across Windstar's 13th hole, creating a
beautiful backdrop for relaxing and entertaining. Lush tropical
landscaping surrounds the brick-paver driveway and side walkway,
while an attached 2-car garage with epoxy floor provides additional
convenience. Ideally located just across from Somerset's heated
community pool and spa, this pet-friendly neighborhood also offers
low HOA fees. Windstar residents enjoy access to a private beach on
Keewaydin Island with boat shuttle service, while membership
opportunities provide access to championship golf, tennis, fitness,
dining, social amenities and Windstar's private deep-water marina
with direct Gulf access. All just minutes from downtown Naples,
Fifth Avenue South, beaches and the Bayshore Arts District. Some
photos have been virtually staged for visualization purposes only.
Unit Size
1,833 Ft²
Days on Market
27 days
Land Size
0.07 acres
Price per sqft
$490
Property Type
Townhouse
Property Taxes
$435
HOA Dues
$2,753
Year Built
1989
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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.
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