3150 Binnacle Drive #107
About This Property
Location is truly one of the highlights of this residence! Enjoy the quintessential Naples lifestyle with beautiful Gulf beaches, exceptional shopping, popular restaurants, and everyday conveniences all just minutes away. The property also offers convenient access to Downtown Naples and the renowned dining, shopping, and entertainment of 5th Avenue South and 3rd Street South, placing some of the very best of Naples within easy reach.
From the moment you enter, you are welcomed into a thoughtfully designed and inviting floor plan. The generously sized kitchen offers abundant cabinet and counter space, modern conveniences, and an open view into the dining area. The guest bedroom and full guest bath provide comfortable accommodations for visiting family and friends, while the spacious dining and living areas create an easy flow for everyday living and entertaining.
From the living area, step directly into the enclosed lanai, providing additional space to relax and enjoy the Florida lifestyle. The spacious primary suite features double closets, a private vanity area, and an ensuite bath with a walk-in shower.
Riviera Club residents enjoy a community pool overlooking the lake, a clubroom, pier, and cabana-perfect for relaxing and taking in the peaceful surroundings. Additional conveniences include one assigned parking space along with guest parking.
With its TURNKEY FURNISHED offering, FIRST-FLOOR location, desirable 55+ community setting, and exceptional position WEST OF US-41 in The Moorings, this residence offers an outstanding opportunity to enjoy the relaxed coastal lifestyle Naples is famous for. Whether you are looking for a seasonal retreat or your own piece of paradise, this is Naples living at its finest!
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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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by John R Wood Properties | $325,000 | |
| Listed by John R Wood Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/18/2026
|
2 Bed
|
2 Bath
|
1000 ft²
|
$295,000
2 Bed
2 Bath
1000 ft²
|
$198,000
-32.88%
07/14/2026
|
Josh Emberg
Amerivest Realty
| |
|
11/12/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$315,000
2 Bed
2 Bath
1000 ft²
|
$220,000
-30.16%
09/17/2026
|
Annie Hagstrom
John R Wood Properties
| |
|
10/30/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$350,000
2 Bed
2 Bath
1000 ft²
|
$270,000
-22.86%
06/12/2026
|
Michelle Lauzier
Douglas Elliman Florida,LLC
| |
|
02/17/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$430,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Diana Marcela Villarreal
Xclusive Homes LLC
| |
|
01/17/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$435,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Jo Mangieri
Coldwell Banker Realty
| |
|
10/06/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$450,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Diana Marcela Villarreal
Xclusive Homes LLC
| |
|
05/24/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$424,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
Ellen Boyce
Keller Williams Elite Realty
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$524,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
christina Burghart Forst
EXP Realty LLC
| |
|
01/03/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$595,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Michelle A Lauzier
Douglas Elliman Florida,LLC
| |
|
11/20/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$439,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Mary Bove
Premiere Plus Realty Company
| |
|
10/23/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$449,500
2 Bed
2 Bath
1000 ft²
|
$300,000
-33.26%
11/12/2025
|
Susy Gurevich
Downing Frye Realty Inc.
| |
|
09/30/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$450,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Charlie Wallen
Naples Flat Fee Realty LLC
| |
|
11/28/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$480,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Debbie Pappas-Burback, PA
Compass Florida LLC
| |
|
05/31/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$580,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Jeffrey L Edmunds
Downing Frye Realty Inc.
| |
|
07/20/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$639,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Janet Marinis
John R Wood Properties
| |
|
12/14/2020
|
2 Bed
|
2 Bath
|
1000 ft²
|
$329,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
03/26/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$359,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
Darlene Sanders
Premiere Plus Realty Co.
| |
|
03/02/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$339,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
02/16/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$375,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
11/07/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$254,500
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
07/11/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$259,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
04/23/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$324,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
05/30/2018
|
2 Bed
|
2 Bath
|
1000 ft²
|
-
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017