$1,300,000
●
Condo -
Off Market
400 Flagship Drive #608
Naples, FL 34108
3 Beds
2 Baths
1,734 Ft²
$9,193
Est. Monthly
$1,517
HOA / Fees
1.50%
Cap Rate
About This Property
Welcome to this beautifully remodeled waterfront condominium, just
a short walk to the pristine sands of Vanderbilt Beach! Enjoy
living in one of Naples' most desirable locations, across from The
Ritz Carleton with easy access to fine dining, shopping and
entertainment at Mercato and Waterside Shops.
The home features a newly renovated kitchen with modern finishes. The open-concept living and dining areas offer incredible views of the water. The dog-friendly community provides the perfect mix of coastal living and convenience. With Boating access at your doorstep, docks available for purchase or rent, you will have everything you need to enjoy the ultimate Southwest Florida lifestyle .
The home features a newly renovated kitchen with modern finishes. The open-concept living and dining areas offer incredible views of the water. The dog-friendly community provides the perfect mix of coastal living and convenience. With Boating access at your doorstep, docks available for purchase or rent, you will have everything you need to enjoy the ultimate Southwest Florida lifestyle .
Unit Size
1,734 Ft²
Days on Market
384 days
Land Size
-
Price per sqft
$807
Property Type
Condo
Property Taxes
$802
HOA Dues
$1,517
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #224027155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Price Decreased |
$1,400,000
↓ $150K
(9.7%) | |
| Price Decreased | |||
| Oct 16, 2024 | Price Decreased |
$1,550,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
| Mar 21, 2024 | Listed by Premiere Plus Realty Company | $1,600,000 | |
| Listed by Premiere Plus Realty Company | |||
Show More
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Assigned, Attached, Covered, Garage, One Space
Garage Spaces: 1
Garage Spaces: 1
Covered Spaces: 1
Has Attached Garage: Yes
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built In Features, Bathtub, Dual Sinks, Kitchen Island, Living Dining Room, Pantry, Split Bedrooms, Separate Shower, Cable Tv, Walk In Closets, Window Treatments, High Speed Internet
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Living Area Square Feet Source: Appraiser
Laundry Features: Inside, Laundry Tub
Exterior Details
Road Frontage Type: PrivateRoad
Property Condition: Resale
Year Built: 2000
Waterfront Features: Bay Access, Navigable Water, Seawall
Home Type: Residential
Architectural Style: Contemporary, High Rise
Roof: BuiltUp, Flat
Window Features: Double Hung, Impact Glass, Window Coverings
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
ZeroLotLine
Financial Details
Tax Year: 2023
Tax Annual Amount: $9,618
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available, Underground Utilities
Location Details
Association Fee Includes: AssociationManagement, CableTv, Insurance, Internet, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, ReserveFund, RoadMaintenance, Sewer, StreetLights, Security
Association Amenities: Boat Dock, Bike Storage, Cabana, Clubhouse, Fitness Center, Pool, Spa Hot Tub, Storage, Trash, Vehicle Wash Area
Association Fee3: $4,550
Association Fee3 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 |
|---|---|---|---|---|---|---|---|
|
12/08/2025
|
3 Bed
|
3 Bath
|
1760 ft²
|
$1,415,000
3 Bed
3 Bath
1760 ft²
|
-
-
|
Lesley Garlock
William Raveis Real Estate
| |
|
09/12/2025
|
3 Bed
|
2 Bath
|
1734 ft²
|
$1,499,000
3 Bed
2 Bath
1734 ft²
|
-
-
|
Amanda Erwin
John R Wood Properties
| |
|
02/11/2025
|
3 Bed
|
3 Bath
|
1750 ft²
|
$1,295,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
Gayle Satcher
William Raveis Real Estate
| |
|
09/30/2024
|
3 Bed
|
3 Bath
|
1750 ft²
|
$1,450,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
Laurie Singer
BHHS Florida Realty
| |
|
09/05/2024
|
3 Bed
|
2 Bath
|
1734 ft²
|
$1,395,000
3 Bed
2 Bath
1734 ft²
|
$1,300,000
-6.81%
02/04/2025
|
Nathan Dyer
William Raveis Real Estate
| |
|
05/15/2024
|
3 Bed
|
2 Bath
|
1734 ft²
|
$1,795,000
3 Bed
2 Bath
1734 ft²
|
$1,675,000
-6.69%
09/27/2024
|
Nathan Dyer
William Raveis Real Estate
| |
|
03/21/2024
|
3 Bed
|
2 Bath
|
1734 ft²
|
$1,600,000
3 Bed
2 Bath
1734 ft²
|
$1,300,000
-18.75%
04/10/2025
|
Julie Magardino
Coldwell Banker Realty
| |
|
03/15/2024
|
3 Bed
|
3 Bath
|
2035 ft²
|
$1,599,000
3 Bed
3 Bath
2035 ft²
|
$1,550,000
-3.06%
10/16/2024
|
Rose Anello
Amerivest Realty
| |
|
11/17/2023
|
3 Bed
|
2 Bath
|
1734 ft²
|
$1,350,000
3 Bed
2 Bath
1734 ft²
|
-
-
|
Cyndi Carol Myers
EXP Realty, LLC
| |
|
04/06/2023
|
3 Bed
|
3 Bath
|
1750 ft²
|
$1,249,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
Jeffrey Eric Feldman, PA
Premiere Plus Realty Co.
| |
|
11/18/2022
|
3 Bed
|
3 Bath
|
2035 ft²
|
$1,250,000
3 Bed
3 Bath
2035 ft²
|
-
-
|
Eva Okenka
Premiere Plus Realty Co.
| |
|
10/25/2022
|
3 Bed
|
3 Bath
|
1750 ft²
|
$1,449,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
Lesley A Garlock
William Raveis Real Estate
| |
|
07/06/2022
|
3 Bed
|
3 Bath
|
1765 ft²
|
$1,599,000
3 Bed
3 Bath
1765 ft²
|
-
-
|
Lauren Taylor Brooker, LLC
Compass Florida LLC
| |
|
07/05/2022
|
3 Bed
|
2 Bath
|
1734 ft²
|
$1,400,000
3 Bed
2 Bath
1734 ft²
|
-
-
|
Lesley A Garlock
William Raveis Real Estate
| |
|
05/14/2021
|
3 Bed
|
3 Bath
|
2035 ft²
|
$1,099,000
3 Bed
3 Bath
2035 ft²
|
-
-
|
-
| |
|
04/17/2021
|
3 Bed
|
3 Bath
|
1760 ft²
|
$1,100,000
3 Bed
3 Bath
1760 ft²
|
$1,000,000
-9.09%
08/02/2021
|
Lisa M Duncan
MVP Realty Associates LLC
| |
|
03/29/2021
|
3 Bed
|
3 Bath
|
1750 ft²
|
$1,090,000
3 Bed
3 Bath
1750 ft²
|
$1,075,000
-1.38%
06/20/2021
|
Simon J Melley
| |
|
03/17/2021
|
3 Bed
|
2 Bath
|
1750 ft²
|
$1,050,000
3 Bed
2 Bath
1750 ft²
|
$1,175,000
+11.90%
06/03/2021
|
John Egan
| |
|
12/24/2020
|
3 Bed
|
3 Bath
|
2035 ft²
|
$959,000
3 Bed
3 Bath
2035 ft²
|
-
-
|
-
| |
|
12/21/2020
|
3 Bed
|
3 Bath
|
1750 ft²
|
$839,900
3 Bed
3 Bath
1750 ft²
|
-
-
|
-
| |
|
10/13/2019
|
3 Bed
|
2 Bath
|
1750 ft²
|
$869,000
3 Bed
2 Bath
1750 ft²
|
-
-
|
-
| |
|
08/15/2019
|
3 Bed
|
3 Bath
|
2035 ft²
|
$1,100,000
3 Bed
3 Bath
2035 ft²
|
-
-
|
-
| |
|
07/26/2019
|
3 Bed
|
3 Bath
|
1750 ft²
|
$769,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
-
| |
|
07/23/2019
|
3 Bed
|
2 Bath
|
1734 ft²
|
$915,000
3 Bed
2 Bath
1734 ft²
|
-
-
|
-
| |
|
03/24/2019
|
3 Bed
|
3 Bath
|
2035 ft²
|
$949,000
3 Bed
3 Bath
2035 ft²
|
$885,000
-6.74%
05/24/2019
|
Pamela M Frey, PA
| |
|
01/25/2019
|
3 Bed
|
3 Bath
|
2035 ft²
|
$1,200,000
3 Bed
3 Bath
2035 ft²
|
-
-
|
-
| |
|
01/19/2019
|
3 Bed
|
3 Bath
|
2035 ft²
|
$999,500
3 Bed
3 Bath
2035 ft²
|
$920,000
-7.95%
06/12/2019
|
Lesley A Garlock
| |
|
09/22/2018
|
3 Bed
|
3 Bath
|
1750 ft²
|
-
3 Bed
3 Bath
1750 ft²
|
-
-
|
-
| |
|
08/09/2018
|
3 Bed
|
2 Bath
|
1734 ft²
|
-
3 Bed
2 Bath
1734 ft²
|
-
-
|
-
| |
|
04/30/2013
|
3 Bed
|
2 Bath
|
1734 ft²
|
$599,000
3 Bed
2 Bath
1734 ft²
|
$540,000
-9.85%
07/25/2013
|
Lesley Garlock
William Raveis Real Estate
| |
|
04/15/2013
|
3 Bed
|
3 Bath
|
1750 ft²
|
$689,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
Lesley Garlock
William Raveis Real Estate
| |
|
06/20/2011
|
3 Bed
|
2 Bath
|
1734 ft²
|
$675,000
3 Bed
2 Bath
1734 ft²
|
$625,000
-7.41%
09/26/2012
|
Patricia Bucalo
Downing Frye Realty Inc.
| |
|
03/21/2011
|
3 Bed
|
3 Bath
|
1750 ft²
|
$625,000
3 Bed
3 Bath
1750 ft²
|
$587,500
-6.00%
10/18/2011
|
Don Winkler
William Raveis Real Estate
|
Building Info
About North Naples
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Julie Magardino, Premiere Plus Realty Company
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224027155
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224027155
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017