2318 Avocado Lane
About This Property
Stunning never-lived-in former model home, fully furnished and professionally designed by City Furniture. This two-story residence offers 4 bedrooms, 3 baths, and a 2-car garage with 2,529 sq. ft. under air and pool & Spa.
The first floor features a modern open layout with a kitchen, breakfast nook, and great room opening to a covered lanai with south exposure and a private pool and spa. A formal dining room and a secondary bedroom on the first floor are perfect for guests or a home office.
Upstairs includes the spacious owner's suite with an en-suite bath, two additional bedrooms, and a versatile bonus room.
Located in the gated Groves at Orange Blossom Ranch, residents enjoy resort-style amenities including two community pools and spas, a fitness center, tennis, pickleball, basketball, and volleyball courts, a fishing pier, and multiple playgrounds.
Prime Naples location near top-rated schools, shopping, dining, and Gulf Coast beaches. Move-in ready and available for immediate occupancy.
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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%.
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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.
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 |
|---|---|---|---|
| Jan 27, 2026 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Compass Florida LLC | $579,600 | |
| Listed by Compass Florida LLC | |||
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About Rural Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017