421 Bow Line Drive
About This Property
Surrounded by elegant new construction, mature tropical landscaping, and the signature banyan-lined streets that make The Moorings so distinctive, the property enjoys a serene setting directly across from charming Bow Line Park and just moments from the water. Imagine a light-filled residence where sophisticated coastal architecture flows seamlessly into lush outdoor living spaces, creating your own private tropical retreat.
The Moorings is one of Naples' most coveted neighborhoods, celebrated for its timeless character, private resident beach access, beautiful streetscapes, and enviable location between the Gulf and the best of Naples. Enjoy effortless access to the new Four Seasons Naples, The Moorings Beach, and the dining, boutiques, galleries, and cultural attractions of Old Naples, all just a short golf-cart ride away.
Select your builder, curate every architectural detail and finish, and create a residence that is uniquely yours. 421 Bow Line Drive is more than an exceptional homesite. It is an opportunity to create a bespoke coastal sanctuary and embrace the effortless elegance of Naples living. The time is now to Live Your Dream Naples.
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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 6, 2026 | Listed by Downing Frye Realty Inc. | $2,899,000 | |
| Listed by Downing Frye Realty Inc. | |||
| Jun 1, 2026 | No longer available | - | |
| No longer available | |||
| May 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 18, 2026 | Price Decreased |
$2,599,000
↓ $201K
(7.2%) | |
| Price Decreased | |||
| Mar 3, 2026 | Price Decreased |
$2,800,000
↓ $199K
(6.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017