44
Map
$140,000
●
Condo -
Off Market
272 Palm Drive #52
Naples, FL 34112
2 Beds
2 Baths
1,010 Ft²
$1,851
Est. Monthly
$1,094
HOA / Fees
12.21%
Cap Rate
About This Property
Resort style living nestled in the heart of Naples a few short
minutes from the notorious Fifth Avenue South & quaint 3rd St
dining & shopping. Not to mention the thriving Bayshore area, and
the beautiful beaches of Naples and Marco Island. If you don't want
the expensive country club, but love to golf, this is the place!
The Glades Golf & Country Club community features a bundled golf
community with many amenities including 2 - 18-hole golf courses
(Par 70 & Par 55) with a knowledgeable Pro-shop. A private
restaurant and clubhouse for Sunday Brunch, lunch/dinner & special
events with main poolside beverage services. A total of 9 heated
swimming pools, newly designed Pickleball Courts, Tennis, & Bocce
Ball. There's even shuffleboard, a library, and self-car wash area.
This community is so active they have Trivia, Karaoke, Bingo and
other special events throughout the year. There's so much to do in
this SW FL community! We love living here in our little slice of
paradise and know you will too!
Unit Size
1,010 Ft²
Days on Market
173 days
Land Size
-
Price per sqft
$149
Property Type
Condo
Property Taxes
$20
HOA Dues
$1,094
Year Built
-
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Cap Rate Calculator
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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: 6 months ago ( #225080721)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$150,000
↓ $10K
(6.3%) | |
| Price Decreased | |||
| Dec 6, 2025 | Listed by Paradise Coast Property Team | $160,000 | |
| Listed by Paradise Coast Property Team | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Common
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, Pantry, High Speed Internet, LivingDiningRoom, ShowerOnly, SeparateShower, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Washer, RefrigeratorWithIceMaker
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Inside
Exterior Details
Has Property Attached
Square Footage: 1010
Square Footage Source: $0
Security Features: None
Property Condition: Resale
Architectural Style: TwoStory, LowRise
Year Built: 1974
Waterfront Features: None
Building Area Total: 1010
Levels: Two
Window Features: DoubleHung, ImpactGlass
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Patio
Pool Features: Community
Lot Features: Zero Lot Line
Lot Size Units: Acres
Tax Lot: 2
Water Source: Public
Financial Details
Tax Annual Amount: $241
Utilities Details
Cooling Type: Central Air, 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, Tennis Court(s), Management, BocceCourt, Library, Pickleball, PuttingGreens, Restaurant, VehicleWashArea
HOA Fee: $1,094
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
12/06/2025
|
2 Bed
|
2 Bath
|
1010 ft²
|
$160,000
2 Bed
2 Bath
1010 ft²
|
$140,000
-12.50%
05/28/2026
|
Christel Johnson
Paradise Coast Property Team
| |
|
10/03/2024
|
2 Bed
|
2 Bath
|
1010 ft²
|
$189,000
2 Bed
2 Bath
1010 ft²
|
$168,000
-11.11%
12/12/2024
|
Georgia Pinto
Local Real Estate LLC
| |
|
05/01/2024
|
2 Bed
|
2 Bath
|
1010 ft²
|
$299,000
2 Bed
2 Bath
1010 ft²
|
$227,500
-23.91%
07/29/2025
|
Blair White
John R Wood Properties
| |
|
08/03/2021
|
2 Bed
|
2 Bath
|
1010 ft²
|
$145,000
2 Bed
2 Bath
1010 ft²
|
-
-
|
Michelle Thomas
Premier Sotheby's International Realty
| |
|
01/12/2012
| |
2 Bed
|
2 Bath
|
1010 ft²
|
$79,500
2 Bed
2 Bath
1010 ft²
|
-
-
|
Christine Lovett
ToastyinNaples.com Realty
|
Building Info
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