3049 Pine Tree Drive
About This Property
As you step inside, prepare to be enchanted by the meticulous craftsmanship, featuring striking 13-foot ceilings in the entryway, adorned with decorative tray ceilings and complemented by white oak porcelain plank tile floors. The carefully curated organic coastal color palette throughout the home evokes a sense of modern coastal allure, setting the stage for a truly captivating living experience.
The kitchen, a haven for culinary enthusiasts, is adorned with Stainless Steel Whirlpool appliances and abundant cabinetry, with a spacious island serving as the focal point for both meal preparation and casual dining. This home is an embodiment of contemporary luxury, offering an attached garage, central AC, central heating, and the allure of porcelain plank floors throughout.
The private outdoor space provides a tranquil retreat, perfect for relaxation or hosting intimate gatherings. With plenty of room to add a pool, outdoor kitchen, and even a fire pit for ultimate enertainment. A two car garage and brick paver driveway, make for elevated and convenient storage for your cars, trucks, boat. or jet ski's. With a 0.16 acre lot, there is plenty of space for your pets with no HOA restrictions, making it a practical and inviting haven for all. Don't miss the chance to claim this modern coastal gem as your own. Schedule a showing today and immerse yourself in the epitome of contemporary living in the Bayshore Art District.
New to Naples? The Bayshore Arts District is an up and coming extension of Downtown Naples, less than 10 minutes to 5th avenue and our award winning beaches of Olde Naples. The neighborhood is anchored by local developer Rebecca Maddox' Food Truck Park, Celebration Park, her craft bar and restaurant, Rebecca's, the Botanical Gardens, the US National Pickleball Championship Courts, Hamilton Harbor private and public boat ramp, and much more local owned restaurants and businesses..
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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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by Compass Florida LLC | $800,000 | |
| Listed by Compass Florida LLC | |||
| Aug 3, 2023 | No longer available | - | |
| No longer available | |||
| Apr 25, 2023 | Listed by Compass | $850,000 | |
| Listed by Compass | |||
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Welcome to the heart of the Bayshore Art District. This modern Pre-construction home, built by Metro Home Builders, boasts three bedrooms and three bathrooms, with an open concept living, kitchen, and dining room - making it the perfect size for families or those who love to entertain.
As you step through the front door, you'll immediately notice the attention to detail that went into this home's design with 13 foot ceilings in the entry way and decorative tray ceilings throughout. With custom color selections still available for the buyer's choosing, you'll have the opportunity to make this home truly your own.
The kitchen is a chef's dream, complete with Stainless Steel Whirlpool appliances and ample cabinetry. The spacious island is perfect for meal prep and doubles as a breakfast bar for casual dining.
One of the best features of this home is the lot it sits on. Surrounded by lush, dense landscaping, you'll feel like you're in your own private oasis. Sitting on .15 acres, there is plenty of room to add a pool or fence in a dog run!
This location is walking distance to Naples Botanical Gardens and Best Popcorn Shop. Biking Distance to celebration park, 360 Market, Hamilton Harbor Boat Ramp, and the new Rebecca's wine bar. The manager has listed the unit size as 1998 square feet.
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About East Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017