$579,900
●
Condo -
Off Market
3200 Binnacle Drive #B3
Naples, FL 34103
2 Beds
2 Baths
1,514 Ft²
$6,155
Est. Monthly
$2,975
HOA / Fees
13.85%
Cap Rate
About This Property
Welcome to paradise at the Navarra Club, nestled in The Moorings,
Naples, Florida. This lovely residence is close to the beach and
conveniently located. Enjoy close proximity to downtown 5th Avenue,
Venetian Village, and numerous shops and restaurants west of 41.
This updated home features an updated kitchen with new LG
appliances, recessed lighting, and stylish ceiling fans. Freshly
painted and offered turnkey furnished, it boasts a 2-bedroom,
2-bathroom split floor plan perfect for guests. The glassed-in,
air-conditioned lanai provides stunning views of the pool and
chickee hut. The Navarra Club offers resort-style amenities,
including a community pool, spa, grilling area, and cabana,
ensuring a year-round vacation vibe. Optional membership to the
private Moorings Beach Park is available for an additional annual
fee. This property also has an excellent rental history, making it
a perfect investment opportunity. Easy to show!
Unit Size
1,514 Ft²
Days on Market
-
Land Size
-
Price per sqft
$383
Property Type
Condo
Property Taxes
$332
HOA Dues
$2,975
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (SWFLMLS #224061686)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Jun 1, 2025 | Listed by Realty One Group MVP | $539,000 | |
| Listed by Realty One Group MVP | |||
| | |||
|
Located in the Navarra Club just minutes from Naples beaches and Fifth Avenue South, this fully furnished second-floor 2 bedroom, 2 bathroom condo is leased from October 1 through May 31, generating $30,100 in net seasonal income. Ideal for seasonal owners looking to offset costs or enjoy future rental income. The unit has been freshly painted and features tile flooring, crown molding, new recessed lighting, ceiling fans, and plantation shutters throughout. The kitchen includes granite countertops, classic white cabinetry, an eat-in area, and all new LG stainless appliances installed in May. Both bathrooms also feature granite and matching cabinetry. The primary suite includes two closets, one walk-in, and an en-suite bath with frameless walk-in shower. The guest room is adjacent to a full bath with tub/shower combo. The enclosed lanai adds usable year-round space with its own air vent. Water heater replaced in 2022. Community amenities include a pool, spa, grilling area, cabana, and private beach access with parking and bathrooms amenities for a small fee.
| |||
| 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 by HomeSmart | $579,000 | |
| Listed by HomeSmart | |||
| | |||
|
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.
| |||
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Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, One Space, Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Built In Features, Bedroom On Main Level, Breakfast Area, French Doors Atrium Doors, Multiple Primary Suites, Shower Only, Separate Shower, Tub Shower, Cable Tv, Walk In Closets, Split Bedrooms
Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Range, Refrigerator, Washer
Flooring Type: Tile
Living Area Square Feet Source: Plans
Doors: French Doors
Rooms: 3
Exterior Details
Property Condition: Resale
Year Built: 1982
Waterfront Features: None
Home Type: Residential
Architectural Style: Florida, Low Rise
Other Structures: Gazebo
Roof: Shingle
Window Features: Double Hung
Construction Materials: Block, Concrete, Stucco
Pool Features: Community
ZeroLotLine
Lot Size Source: Plans
Financial Details
Tax Year: 2022
Tax Annual Amount: $3,984
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Utilities: Cable Available
Location Details
Association Fee Includes: AssociationManagement, CableTv, Insurance, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, Trash, Water
Association Amenities: Beach Rights, Bike Storage, Cabana, Barbecue, Picnic Area, Pool, Sidewalks
Association Fee2: $2,975
Association Fee2 Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
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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Listed by: Moe Mossa, Savvy Avenue, LLC
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224061686
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224061686
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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