22741 Sandy Bay Drive #201
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 6, 2026 | Listed by Savvy Avenue, LLC | $344,900 | |
| Listed by Savvy Avenue, LLC | |||
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Lovely TURNKEY Condo In highly desirable Fountain Lakes Community...Come and RELAX,Close to Miramar, Coconut Point and newest Development on Tamiami-- Woodfield. 15 min from RSW, and 15 minutes to Bonita & Barefoot Beach. Classy quiet gated- community with free 9-hole Golf course, tennis, pickle ball, community pool, fitness center , and billiards center right across the street from Condo. Sun-drenced 2nd floor unit with vaulted ceilings , nicely furnished including window blinds....New HVAC and water heater. Private garage and additional parking..New slate roof 4 yrs ago..
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| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | No longer available | - | |
| No longer available | |||
| Mar 7, 2026 | Listed by Sellstate on 5th | $289,000 | |
| Listed by Sellstate on 5th | |||
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Motivated seller has this 3 BR/ 2 BA plus den condo priced to sell. Located in The Manors of Fountain Lakes, The Manors just completed an exterior renovation. The AC unit was replaced in 2024 and the HOA replaced the roof approximately 5 years ago. You will find vaulted ceilings and lots of windows in this end unit that allow plenty of natural lighting. The tiled lanai looks out on a large landscaped area. The unit has a detached one car garage with attic storage space above. Amenities include a large community pool, bocce, tennis, fitness center, 4 pickleball courts and a 9 hole Par 3 golf course. Fountain Lakes is adjacent to Coconut Point's great shopping, dining and entertainment. You will only be 15 minutes to the beach, FGCU or RSW and a 20 mile drive to Naple's Fifth Avenue South. Condo is offered Turnkey excluding pressure washers and ladder in garage.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2026
|
3 Bed
|
2 Bath
|
1351 ft²
|
$289,000
3 Bed
2 Bath
1351 ft²
|
$262,000
-9.34%
04/06/2026
|
Carol Kerr
Sellstate on 5th
| |
|
08/14/2025
|
2 Bed
|
2 Bath
|
1263 ft²
|
$260,000
2 Bed
2 Bath
1263 ft²
|
$230,000
-11.54%
09/29/2025
|
Carol Kerr
Sellstate on 5th
| |
|
03/07/2025
|
2 Bed
|
2 Bath
|
1351 ft²
|
$315,000
2 Bed
2 Bath
1351 ft²
|
-
-
|
Susan Heller
RE/MAX ACTION
| |
|
09/17/2024
|
2 Bed
|
2 Bath
|
1480 ft²
|
$339,900
2 Bed
2 Bath
1480 ft²
|
-
-
|
Joe Pavich
Realty World J. PAVICH R.E.
| |
|
11/05/2023
|
3 Bed
|
2 Bath
|
1604 ft²
|
$359,900
3 Bed
2 Bath
1604 ft²
|
-
-
|
Joseph Pavich
REALTY WORLD J. PAVICH R.E.
| |
|
07/13/2020
|
3 Bed
|
2 Bath
|
1351 ft²
|
$219,900
3 Bed
2 Bath
1351 ft²
|
$205,000
-6.78%
12/11/2020
|
Joseph R Pavich Jr
| |
|
03/20/2009
|
2 Bed
|
2 Bath
|
1480 ft²
|
$139,900
2 Bed
2 Bath
1480 ft²
|
$129,000
-7.79%
05/29/2009
|
Rebecca M Mahan
SWFL Imperial Realty LLC
|
Building Info
- 1 Unit for Sale
About Estero
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 3 Beds
- 3 Baths
- 1,608 ft²
$6,500 /mo
- 2 Beds
- 2 Baths
- 1,333 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017