2170 Marina Drive
About This Property
The long, wide western views over Kite Cove are the kind of sightlines that rarely come to market-especially at this price point.
Built in 2003 and spanning over 5,300 Sq. Ft. under air for a total of 8,392, the home combines timeless architecture with modern livability. It offers five bedrooms, five full baths, one half bath, formal living and dining rooms, a library/den, media room, home office, gym, music room, and a full VIP suite with walk-in closets and a kitchenette.
The chef's kitchen is designed for serious cooking and entertaining, featuring granite countertops, a center island, pantry, breakfast bar, gas cooking, double ovens, and premium appliances.
Outdoor living is a major highlight: a resort-style pool and spa, wrap-around terrace, multiple balconies, and mature tropical landscaping-all oriented to capture dramatic western sunsets over the water. For boaters, the setup is turnkey and rare: a slip for a 32-foot vessel, an 18,000-lb lift, and fast, direct access to the Gulf.
A true standout in one of Naples' most sought-after waterfront neighborhoods.
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$6,199,000
↓ $796K
(11.4%) | |
| Price Decreased | |||
| Feb 12, 2026 | Relisted | $6,995,000 | |
| Relisted | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017