$260,000
●
Condo -
Off Market
232 Memory Lane #1
Naples, FL 34112
2 Beds
2 Baths
1,623 Ft²
$1,388
Est. Monthly
11.57%
Cap Rate
About This Property
Welcome to The Glades Golf & Country Club-where resort-style living
meets everyday comfort! Spacious 1,623 sq. ft. first-floor,
end unit "Louisiana" model is one of the largest floor plans in the
community and is offered turnkey, move-in ready. This
2-bedroom, 2-bath condo is just steps from the section pool and
features an updated kitchen with track lighting, updated vanities,
and a beautifully remodeled, tiled walk-in shower in the primary
suite. Enjoy the Florida lifestyle from the large screened lanai,
perfect for relaxing or entertaining. Lanai also has a storage
closet. Major updates include electric storm shutters on
lanai (2018), new A/C (June 2024) and Hot Water Heater (2018) for
peace of mind. Experience the unmatched amenities of The
Glades, including 2 newly redesigned golf courses, 9 community
pools, 12 new pickleball courts, tennis, bocce, library, art room,
card games, bingo, clubhouse, pro shop, and the popular 19th Hole
Restaurant. All just minutes to 5th Avenue South's premier shopping
& dining and the world-famous Naples beaches. Come live in
paradise!
Unit Size
1,623 Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$166
Property Type
Condo
Property Taxes
$62
HOA Dues
-
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: 11 months ago ( #225077696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | Listed by Coffey Real Estate Agency LLC | $269,900 | |
| Listed by Coffey Real Estate Agency LLC | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Common, Driveway, Paved
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Tray Ceiling(s), Eat-in Kitchen, Pantry, Walk-In Closet(s), High Speed Internet, SeparateFormalDiningRoom, DualSinks, ShowerOnly, SeparateShower, CableTv, WindowTreatments, SplitBedrooms
Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Flooring Type: Carpet, Tile
Exterior Details
Has Property Attached
Square Footage: 1623
Square Footage Source: $0
Security Features: Security Guard, Smoke Detector(s)
Property Condition: Resale
Architectural Style: LowRise
Year Built: 1981
Waterfront Features: None
Building Area Total: 1623
Window Features: Window Coverings, Sliding, ImpactGlass
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Porch, Screened, Lanai
Pool Features: Community
Lot Features: Other, SprinklersAutomatic
Lot Size Units: Acres
Tax Lot: 2581
Water Source: Public
Financial Details
Tax Annual Amount: $744
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Sewer, Trash, Water, AssociationManagement, Golf, IrrigationWater, LegalAccounting, RecreationFacilities, ReserveFund, StreetLights
HOA/Condo/Coop Amenities: Clubhouse, Golf Course, Pool, Shuffleboard Court, Tennis Court(s), BocceCourt, GuestSuites, HobbyRoom, Library, Pickleball, PuttingGreens, Restaurant, VehicleWashArea
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 |
|---|---|---|---|---|---|---|---|
|
01/09/2026
|
2 Bed
|
2 Bath
|
1623 ft²
|
$329,000
2 Bed
2 Bath
1623 ft²
|
$315,000
-4.26%
02/19/2026
|
Laura Zutter
John R Wood Properties
| |
|
11/15/2025
|
2 Bed
|
2 Bath
|
1623 ft²
|
$269,900
2 Bed
2 Bath
1623 ft²
|
$260,000
-3.67%
12/19/2025
|
Robin Williams
HALLMARK R.E.OF LAKE CITY
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017