3200 Binnacle Drive #B3
About This Property
The manager has listed the unit size as 1514 square feet.
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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 |
|---|---|---|---|
| May 2, 2025 | No longer available | - | |
| No longer available | |||
| Mar 4, 2025 | Price Decreased |
$549,000
↓ $30K
(5.2%) | |
| Price Decreased | |||
| Dec 19, 2024 | Listed | $579,000 | |
| Listed | |||
| | |||
|
Welcome to The Moorings in Naples, Florida! This highly desirable coastal community is known for its prime location near the beach and downtown.
Step into this beautifully designed 2-bedroom, 2-bathroom condominium, featuring a glassed-in lanai that expands your living space. Whether you're searching for a full-time home, seasonal retreat, or investment opportunity, this property offers the perfect fit.
The Navarra Club provides resort-style amenities, including a sparkling community pool, relaxing spa, grilling area, and cabana—creating a year-round vacation experience.
Start your mornings with coffee in the spacious eat-in kitchen and unwind in the evening with stunning courtyard views at sunset.
As a Moorings resident, you have the option to join the private Moorings Beach Park for exclusive beachfront access with an annual membership.
| |||
| Nov 15, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 25, 2024 | Price Decreased |
$579,900
↓ $20K
(3.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2026
|
2 Bed
|
2 Bath
|
1350 ft²
|
$479,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
John Lynch
PONCE INLET REALTY, INC
| |
|
01/05/2026
|
2 Bed
|
2 Bath
|
1350 ft²
|
$439,000
2 Bed
2 Bath
1350 ft²
|
$350,000
-20.27%
06/15/2026
|
Elizabeth Hoffmann
Bonnycastle Realty
| |
|
12/23/2025
|
2 Bed
|
2 Bath
|
1497 ft²
|
$479,999
2 Bed
2 Bath
1497 ft²
|
$420,000
-12.50%
05/26/2026
|
Keri Huber
John R Wood Properties
| |
|
11/14/2025
|
2 Bed
|
2 Bath
|
1350 ft²
|
$525,000
2 Bed
2 Bath
1350 ft²
|
$478,000
-8.95%
05/29/2026
|
Michael Dorobanti
Downing Frye Realty Inc.
| |
|
07/24/2024
|
2 Bed
|
2 Bath
|
1514 ft²
|
$599,900
2 Bed
2 Bath
1514 ft²
|
-
-
|
Moe Mossa
Savvy Avenue LLC
| |
|
05/13/2025
|
2 Bed
|
2 Bath
|
1350 ft²
|
$449,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
Elizabeth Hoffmann
Bonnycastle Realty
| |
|
04/29/2025
|
2 Bed
|
2 Bath
|
1354 ft²
|
$449,000
2 Bed
2 Bath
1354 ft²
|
$425,000
-5.35%
05/27/2025
|
Amy Ashby
VIP Realty Group, Inc.
| |
|
10/14/2024
|
2 Bed
|
2 Bath
|
1350 ft²
|
$550,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
John Lynch
PONCE INLET REALTY, INC
| |
|
12/03/2024
|
2 Bed
|
2 Bath
|
1350 ft²
|
$590,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
Keri Huber
John R Wood Properties
| |
|
01/25/2024
|
2 Bed
|
2 Bath
|
1353 ft²
|
$479,000
2 Bed
2 Bath
1353 ft²
|
$445,000
-7.10%
08/19/2024
|
Michael Dorobanti
Downing Frye Realty Inc.
| |
|
08/11/2023
|
2 Bed
|
2 Bath
|
1514 ft²
|
$629,900
2 Bed
2 Bath
1514 ft²
|
-
-
|
Moe Mossa
Savvy Avenue LLC
|
Building Info
About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017