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357 Germain Avenue
About This Property
Beyond the waterfront, enjoy the exceptional coastal lifestyle that makes Vanderbilt Beach one of Naples' most desirable destinations. The beach, The Ritz Carlton, LaPlaya Beach & Golf Resort, Mercato, Whole Foods Market, tennis, pickleball and outstanding dining including The Turtle Club, BALEEN, DUSK and Gumbo Limbo, and you could join the new Paraiso Beach Club which are all just minutes away. Fully engineered plans by award winning MHK Architecture may also be available, offering the potential for significant time savings and an accelerated path toward construction of your dream home.
Imagine your dream home with sparkling water views and stunning nightly sunsets. Rarely does a homesite combine this much land, waterfront, privacy, boating access and preferred sunset exposure in one exceptional setting. An extraordinary canvas for a custom residence designed around the very best of Naples waterfront living.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by John R Wood Properties | $4,250,000 | |
| Listed by John R Wood Properties | |||
| Aug 21, 2026 | No longer available | - | |
| No longer available | |||
| Mar 21, 2026 | Price Decreased |
$4,250,000
↓ $745K
(14.9%) | |
| Price Decreased | |||
| Dec 30, 2025 | Price Decreased |
$4,995,000
↓ $255K
(4.9%) | |
| Price Decreased | |||
| Nov 24, 2025 | Listed by John R Wood Properties | $5,250,000 | |
| Listed by John R Wood Properties | |||
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A once in a generation opportunity to own this exceptional point lot in Vanderbilt Conners! One of the largest waterfront parcels in the entire community with double the size of a typical lot. Commanding over 180 ft of sparkling water views. This exceptional .45 half-acre point lot delivers wide bay views, unmatched privacy, scale, and design potential. This wraparound waterfront lot has a “grandfathered in” boathouse which will not impede your views from your future home. Also additional water frontage for expansive dock that becomes a true extension of your backyard or for additional vessels. Perfectly located at the end of a quiet cul-de-sac offering sparkling water views with a peaceful backdrop of intersecting waterways, palm trees and amazing sunsets!
Direct Gulf access coupled with spectacular sunsets in the Western skyline making it a dream setting for boating enthusiasts and waterfront visionaries alike.
Walkable coastal lifestyle at Vanderbilt Beach, enjoy The Ritz Carlton, La Playa Beach & Golf Resort, New Center with 8 Har-Tru tennis courts and 20 pickleball courts, Whole Foods and Mercato’s premier dining and shopping.
Unparalleled lifestyle conveniently located to the beach, the Ritz-Carlton, Mercato Shops, La Playa Beach club, public tennis courts and 20 pickleball courts plus plethora of dining options including beachfront dining at the Turtle Club, Baleen and the Ritz-Carlton’s Dusk and Gumbo Limbo.
Fully engineered plans by award winning MHk Architech could be available. This offers a combination of time savings and accelerated build potential a tremendous advantage for any homeowner looking to begin their custom masterpiece immediately.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017