$1,550,000
●
Condo -
Off Market
400 Flagship Drive #707
Naples, FL 34108
3 Beds
3 Baths
2,035 Ft²
$10,009
Est. Monthly
$1,630
HOA / Fees
1.44%
Cap Rate
About This Property
Rare Opportunity to own the largest Floor Plan in the most sought
after stack at Regatta 1. This 3 Beds -3Baths residence offers a
generous size master suite with french doors to access the lanai
and its breath taking panoramic views of the Gulf and the Bay, a
Den/guest bedroom with a large and relaxing office space; renovated
Kitchen, Master and Guest bath, plantation shutters in the Guest
bedrooms and plenty of storage room; owning at Regatta means
excellent opportunities for rental income because of its enviable
position which is a short walk to Vanderbilt Beach, the Ritz
Carlton and many restaurants. Regatta is a pet-friendly, guard
gated and patrolled community with wonderful amenities including a
large renovated Social Room, Resort-style Waterfall pool, Hot tub,
Lounge pool, Lap pool, Fitness rooms, 2 grilling areas, 55-slip
marina and onsite management. Supermarkets, Fine shopping, movie
theater, and more fine restaurants are just a 5 minutes drive from
the Regatta.
Unit Size
2,035 Ft²
Days on Market
213 days
Land Size
-
Price per sqft
$786
Property Type
Condo
Property Taxes
$528
HOA Dues
$1,630
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 #224024904)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by Amerivest Realty | $1,599,000 | |
| Listed by Amerivest Realty | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Assigned, Attached, Covered, Deeded, Driveway, Underground, Garage, Paved, One Space
Garage Spaces: 1
Garage Spaces: 1
Covered Spaces: 1
Has Attached Garage: Yes
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built In Features, Dual Sinks, Entrance Foyer, High Ceilings, Living Dining Room, Pantry, Cable Tv, Walk In Pantry, Walk In Closets, High Speed Internet, Split Bedrooms
Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Refrigerator With Ice Maker, Self Cleaning Oven, Washer
Flooring Type: Tile
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
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
ZeroLotLine
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $6,330
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, Sewer, StreetLights, Security, Trash, Water
Association Amenities: Boat Dock, Cabana, Clubhouse, Fitness Center, Pool, Spa Hot Tub, See Remarks, Storage
Association Fee3: $4,890
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 |
|---|---|---|---|---|---|---|---|
|
06/05/2026
|
3 Bed
|
3 Bath
|
1750 ft²
|
$1,495,000
3 Bed
3 Bath
1750 ft²
|
-
-
|
Samantha Taravella, PA
John R Wood Properties
| |
|
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: Domenico Ceruzzi, Amerivest Realty
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224024904
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224024904
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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