400 Wedge Drive
About This Property
Welcome to 400 Wedge Drive, where location, potential, and lifestyle come together. Whether you're looking for your next primary residence, seasonal getaway, or investment opportunity, this property offers an outstanding chance to own in one of Southwest Florida's most desirable areas.
Enjoy the convenience of being close to beautiful beaches, championship golf, premier shopping, dining, parks, and everything that makes the Naples lifestyle so sought after. With endless possibilities to personalize, renovate, or simply enjoy as-is, this property is ready for its next owner.
Properties in this location don't stay available for long. Whether you're an end user or an investor, 400 Wedge Drive offers the opportunity to secure a valuable piece of Southwest Florida real estate with tremendous upside.
Don't miss your chance to make this property your own. Schedule your private showing today and discover everything 400 Wedge Drive has to offer.
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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 |
|---|---|---|---|
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by Flat Fee MLS Realty | $2,290,000 | |
| Listed by Flat Fee MLS Realty | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 3, 2026 | Price Decreased |
$2,399,000
↓ $251K
(9.5%) | |
| Price Decreased | |||
| Mar 19, 2026 | Price Decreased |
$2,650,000
↓ $45K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017