3030 Binnacle Drive #305
About This Property
This condo is ideal for seasonal residents looking to escape the cold and enjoy Naples' year-round sunshine. It has access to The Moorings Private Beach Park, which features gated beach access, picnic areas, tiki huts, and restroom facilities. It's also a prime investment opportunity, offering strong rental potential with 30-day minimum rentals up to 12 times per year. Investors will appreciate its high demand among seasonal renters due to its proximity to Venetian Village, downtown Naples, and pristine Gulf beaches.
This condo provides a low-maintenance, lock-and-leave lifestyle in a safe and prestigious community. It is just minutes from golf courses, fine dining, luxury shopping, and top-rated healthcare facilities. The spacious floor plan and fast WiFi make it an excellent choice for remote workers. At the same time, the location offers easy access to business hubs and 5th Avenue South's vibrant nightlife and cultural events.
The Moorings community offers exclusive perks, including optional membership to the Moorings Property Owners Association, which grants access to a private, gated beach with beachfront picnic areas, tiki huts, restroom facilities, and secure bike and vehicle parking. The location is unbeatable-just 10 minutes to 5th Avenue South, minutes from The Village Shops on Venetian Bay, and close to Naples Pier, Waterside Shops, and Artis–Naples cultural center.
Property & Investment Details 1,092 sq. ft. | 2 Bed, 2 Bath | Built in 1974
Impact windows for added security & storm protection
In-unit AC storage & laundry area for convenience
New Roof & Updated A/C
Low HOA Fees | Strong Resale & Rental Demand
HOA Fee: $10,740 per year (Includes cable, insurance, lawn maintenance, legal/accounting, property management, rec facilities, reserves, sewer, street lights, trash removal & water.)
This is a rare opportunity to own in one of Naples' most sought-after communities, offering private beach access, luxury amenities, and excellent rental flexibility. Whether looking for an investment property, vacation home, or primary residence, this is the perfect blend of coastal living and financial opportunity.
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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%.
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 |
|---|---|---|---|
| Mar 10, 2026 | No longer available | - | |
| No longer available | |||
| Feb 28, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 9, 2025 | Listed by Epique Realty, INC | $349,900 | |
| Listed by Epique Realty, INC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2026
|
2 Bed
|
2 Bath
|
1092 ft²
|
$314,500
2 Bed
2 Bath
1092 ft²
|
$300,000
-4.61%
09/30/2026
|
Beth McCann PA
The Keyes Company
| |
|
11/18/2025
|
2 Bed
|
2 Bath
|
1092 ft²
|
$425,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
Lynne Hancock
John R Wood Properties
| |
|
12/16/2025
|
2 Bed
|
2 Bath
|
1092 ft²
|
$299,900
2 Bed
2 Bath
1092 ft²
|
$260,000
-13.30%
03/16/2026
|
Wendy Paffel
PREMIERE PLUS REALTY COMPANY
| |
|
11/05/2025
|
2 Bed
|
2 Bath
|
1092 ft²
|
$349,000
2 Bed
2 Bath
1092 ft²
|
$300,000
-14.04%
06/15/2026
|
Mike Shoaff
REMAX Blue Skies
| |
|
05/27/2025
|
2 Bed
|
2 Bath
|
1092 ft²
|
$499,000
2 Bed
2 Bath
1092 ft²
|
$490,000
-1.80%
10/22/2025
|
Daniel Avissato
John R Wood Properties
| |
|
03/09/2025
|
2 Bed
|
2 Bath
|
1092 ft²
|
$349,900
2 Bed
2 Bath
1092 ft²
|
-
-
|
Skye Leber, LLC
Epique Realty, INC
| |
|
07/17/2024
|
2 Bed
|
2 Bath
|
1092 ft²
|
$432,900
2 Bed
2 Bath
1092 ft²
|
$315,000
-27.23%
04/21/2025
|
Heather Dameron
Anchor Realty of Naples Inc
| |
|
07/12/2024
|
2 Bed
|
2 Bath
|
1092 ft²
|
$575,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
Daniel Avissato
John R Wood Properties
| |
|
05/24/2024
|
3 Bed
|
2 Bath
|
1310 ft²
|
$499,900
3 Bed
2 Bath
1310 ft²
|
$325,000
-34.99%
07/22/2025
|
Wendy Paffel
PREMIERE PLUS REALTY COMPANY
| |
|
05/24/2024
|
2 Bed
|
2 Bath
|
1092 ft²
|
$395,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
Wendy Paffel
PREMIERE PLUS REALTY COMPANY
| |
|
12/08/2023
|
2 Bed
|
2 Bath
|
1092 ft²
|
$539,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
Michael C Barnebee
Waterfront Realty Group Inc
| |
|
11/26/2023
|
2 Bed
|
2 Bath
|
1092 ft²
|
$675,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
Olena Avlas, LLC
Amerivest Realty
| |
|
07/27/2022
|
2 Bed
|
2 Bath
|
1092 ft²
|
$519,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
Daniel Avissato
Robert DeFalco Realty, Inc.
| |
|
04/06/2022
|
2 Bed
|
2 Bath
|
1092 ft²
|
$539,000
2 Bed
2 Bath
1092 ft²
|
$500,000
-7.24%
06/30/2022
|
Michael C Barnebee
Waterfront Realty Group Inc
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
1094 ft²
|
$409,900
2 Bed
2 Bath
1094 ft²
|
-
-
|
-
| |
|
04/25/2021
|
2 Bed
|
2 Bath
|
1092 ft²
|
$299,900
2 Bed
2 Bath
1092 ft²
|
-
-
|
-
| |
|
01/29/2021
|
2 Bed
|
2 Bath
|
1092 ft²
|
$299,900
2 Bed
2 Bath
1092 ft²
|
$285,000
-4.97%
03/22/2021
|
Wendy M Paffel
| |
|
08/30/2020
|
2 Bed
|
2 Bath
|
1092 ft²
|
$359,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
-
| |
|
02/11/2020
|
2 Bed
|
2 Bath
|
1092 ft²
|
$295,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
-
| |
|
07/10/2019
|
2 Bed
|
2 Bath
|
1100 ft²
|
$280,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
02/02/2019
|
2 Bed
|
2 Bath
|
1050 ft²
|
$345,000
2 Bed
2 Bath
1050 ft²
|
-
-
|
-
| |
|
11/01/2018
|
2 Bed
|
2 Bath
|
1092 ft²
|
$269,000
2 Bed
2 Bath
1092 ft²
|
-
-
|
-
| |
|
01/20/2018
|
2 Bed
|
2 Bath
|
1092 ft²
|
-
2 Bed
2 Bath
1092 ft²
|
-
-
|
-
| |
|
02/25/2013
|
2 Bed
|
2 Bath
|
1092 ft²
|
$187,000
2 Bed
2 Bath
1092 ft²
|
$177,000
-5.35%
06/02/2013
|
Nandy Miller
John R. Wood Properties
|
Building Info
About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017