3200 Binnacle Drive #B4
About This Property
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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 |
|---|---|---|---|
| Feb 23, 2026 | Listed by William Raveis Real Estate | $479,000 | |
| Listed by William Raveis Real Estate | |||
| |||
|
This charming 2-bedroom, 2-bathroom condo is nestled within the prestigious Navarra Club, ideally situated in Naples' highly sought-after Moorings neighborhood. The thoughtfully designed split floor plan offers both comfort and privacy, with living and dining areas that flow effortlessly into a bright eat-in kitchen — perfect for entertaining or savoring a quiet evening at home. Featuring brand new windows throughout, this residence is move-in ready with plenty of opportunity to add your own personal touch. The generous Primary Suite features a spacious walk-in closet, while the well-appointed guest bedroom ensures your visitors feel right at home. Step out to the screened-in lanai and unwind amid serene, lushly landscaped views that embody the best of Florida living. Navarra Club residents enjoy an array of resort-style amenities, including a sparkling community pool, rejuvenating hot tub, and a charming tiki hut — ideal for soaking in those golden Naples evenings. All of this is just moments from the area's pristine Gulf beaches, world-class dining and shopping, and the vibrant energy of downtown Fifth Avenue South.
| |||
| Feb 21, 2026 | No longer available | - | |
| No longer available | |||
| May 3, 2025 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by William Raveis Real Estate | $499,000 | |
| Listed by William Raveis Real Estate | |||
| Feb 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017