272 Palm Drive #8
About This Property
This fully renovated 2-bedroom, 2-bathroom condo is one of the most appealing and move-in-ready options currently available in The Glades Golf & Country Club. With a spacious open floor plan and high-end finishes, it's being offered turnkey for immediate enjoyment.
Start your day with sunrise views from the panoramic, screen-enclosed wrap-around lanai, or gather around the oversized waterfall quartz island in the kitchen. Upgrades include hurricane impact windows, oversized tile flooring throughout, a completely remodeled kitchen, and a 1.5-year-old HVAC system and water heater.
The Glades is a bundled golf community offering 36 holes across two recently renovated courses: the Pines (par 70) and the Palmetto (par 55). Located just 3 miles from Downtown Naples and 4 miles from the white-sand beaches, it's ideal for those who want a blend of convenience and lifestyle.
Residents enjoy a highly active community with 12 new pickleball courts, 6 Har-Tru clay tennis courts, new bocce courts, and 9 community pools. The 19th Hole Restaurant offers indoor and outdoor dining with poolside service during season, while the clubhouse hosts year-round activities like card games, bingo, and more.
This is a rare chance to purchase a fully upgraded home in a resort-style golf community with the added benefit of flexible seller financing. Schedule your private showing today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Price Decreased |
$227,500
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Mar 11, 2025 | Price Decreased |
$229,000
↓ $19K
(7.6%) | |
| Price Decreased | |||
| Mar 3, 2025 | Price Decreased |
$247,900
↓ $2K
(0.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017