425 Dockside Drive #605
About This Property
3096 SF Flagship – a seaside haven surrounded with big, beautiful windows and sliders overlooking the Gulf
of Mexico at Wiggins Pass and its sugar sand beaches. Space to do life as you choose!
Wooden floors throughout. Lovely relaxed – upgraded – interior you can settle right into. The oversized west lanai, largest of all sunset lanais on the Island, is where family and friends – or
just the two of you will call 'my favorite place'! An 18' x 16'6" luxurious owner's suite serves as a true sanctuary, featuring an expansive closet, private terrace, and sweeping Gulf views. The spa-like master bath includes a large shower for ultimate relaxation. This distinctive floorplan is a favorite. With bedroom spaces set in three areas of the property - optimizing privacy. In the guest 'master suite' you'll find a large walk in closet, lovey bathroom, and floor to ceiling sliders that lookout at the amazing Gulf views.
An upgraded kitchen, open to the family room, creates an inviting space for entertaining while enjoying incredible views. The highly maintained Pelican Isle buildings are all concrete block - have Hurricane impact glass windows & doors in all buildings, install completed 12-19! All Milestone insp. completed - ASSESSMENTS paid.
Complete this outstanding lifestyle with optional membership at lovely Pelican Isle Yacht Club! Offering vibrant social events, elegant dinners, slip available for purchase, both Men's and Women's Clubs. The beautiful resort pool area features food and drink service, plus a hot tub, provides a serene spot to unwind. Enjoy bocce ball, pickleball, and tennis courts-perfect for meeting new friends. Let's go to the beach! Catch the boat shuttle and cruise to sugar sand beaches at Wiggins Pass. Boaters' paradise! Optional Club membership provides the opportunity to purchase boat slips, Venture out on an exhilarating cruising with the Cruise club!
Parking III 3: Storage III 13:
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by Downing Frye Realty Inc. | $2,240,000 | |
| Listed by Downing Frye Realty Inc. | |||
| | |||
|
Live the Dream Lifestyle at Pelican Isle!
Experience uncomplicated luxury living in the spacious Flagship unit at Pelican Isle, sold fully furnished for effortless move-in! Enjoy the largest sunset lanai of all condos, with dazzling panoramic westerly views of the Gulf. The open chef’s kitchen merges with the family and entertainment area, all overlooking majestic Gulf vistas. Custom cabinetry and built-ins offer optimal storage with pull-out features. The grand master suite boasts of Gulf views, a private west lanai, a spacious bath suite, and large walk-in closet. Family & guests enjoy two large en-suite bedrooms with walk-in closets - the laundry room and convenient powder room complete this 3BR/3.5 bath home. Ample storage and one deeded garage parking included.
Pelican Isle a Sanctuary home in SW Florida
• Only two units per floor for ultimate privacy
• All-concrete buildings with new impact glass (2019–2020) Refinished roofs (2019)
• Deeded under building parking III 3: Air-conditioned storage III 13
• Milestone inspections completed — no assessments
• Optional membership at Pelican Isle
This Is More Than a Home — It’s a Lifestyle
Residents have access to Pelican Isle Yacht Club amenities and social events, resort pool, gracious but fun dining, exercise facility, and Beach shuttle to the sugar sand beaches. Club membership and boat slips available separately for puurchase. Schedule your your today and discover easy, beautiful living!
| |||
| Jun 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 9, 2025 | Price Decreased |
$2,424,000
↓ $100K
(4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2025
|
3 Bed
|
3 Bath
|
2696 ft²
|
$2,150,000
3 Bed
3 Bath
2696 ft²
|
-
-
|
DOUG STEWART
CENTURY 21 AMERISOUTH REALTY
| |
|
11/01/2025
|
3 Bed
|
3 Bath
|
3096 ft²
|
$2,240,000
3 Bed
3 Bath
3096 ft²
|
$2,000,000
-10.71%
04/15/2026
|
Bridgette Foster
Downing Frye Realty Inc.
| |
|
10/21/2025
|
3 Bed
|
3 Bath
|
3096 ft²
|
$2,295,000
3 Bed
3 Bath
3096 ft²
|
$2,050,000
-10.68%
01/30/2026
|
Paul Arpin
Premier Sotheby's Int'l Realty
| |
|
04/11/2025
|
3 Bed
|
3 Bath
|
3096 ft²
|
$3,950,000
3 Bed
3 Bath
3096 ft²
|
-
-
|
Ryan Batey
Premier Sotheby's Int'l Realty
| |
|
04/11/2025
|
3 Bed
|
3 Bath
|
2696 ft²
|
$1,699,000
3 Bed
3 Bath
2696 ft²
|
-
-
|
Marcella Ade
Premier Sotheby's Int'l Realty
| |
|
03/27/2025
|
3 Bed
|
3 Bath
|
2428 ft²
|
$1,660,000
3 Bed
3 Bath
2428 ft²
|
-
-
|
Marcella Ade
Premier Sotheby's Int'l Realty
| |
|
02/27/2025
|
3 Bed
|
4 Bath
|
2428 ft²
|
$1,749,000
3 Bed
4 Bath
2428 ft²
|
$1,625,000
-7.09%
04/28/2025
|
Bridgette Foster
Downing Frye Realty Inc.
| |
|
02/05/2025
|
3 Bed
|
3 Bath
|
3096 ft²
|
$2,524,000
3 Bed
3 Bath
3096 ft²
|
-
-
|
Bridgette Foster
Downing Frye Realty Inc.
| |
|
01/22/2025
|
3 Bed
|
3 Bath
|
3096 ft²
|
$2,499,000
3 Bed
3 Bath
3096 ft²
|
$1,500,000
-39.98%
08/12/2026
|
Bridgette Foster
Downing Frye Realty Inc.
| |
|
11/18/2024
|
3 Bed
|
4 Bath
|
3096 ft²
|
$2,300,000
3 Bed
4 Bath
3096 ft²
|
-
-
|
DOUG STEWART
CENTURY 21 AMERISOUTH REALTY
| |
|
10/03/2024
|
3 Bed
|
3 Bath
|
2696 ft²
|
$2,650,000
3 Bed
3 Bath
2696 ft²
|
-
-
|
DOUG STEWART
CENTURY 21 AMERISOUTH REALTY
| |
|
05/20/2024
|
3 Bed
|
4 Bath
|
3096 ft²
|
$2,575,000
3 Bed
4 Bath
3096 ft²
|
$1,999,999
-22.33%
02/20/2025
|
Bridgette Foster
Downing Frye Realty Inc.
| |
|
02/21/2024
|
3 Bed
|
4 Bath
|
3096 ft²
|
$2,495,000
3 Bed
4 Bath
3096 ft²
|
-
-
|
Suzanne Ring
Premier Sotheby's Int'l Realty
| |
|
01/11/2024
|
3 Bed
|
3 Bath
|
2428 ft²
|
$2,199,000
3 Bed
3 Bath
2428 ft²
|
-
-
|
Barbara Twiss
BERKSHIRE HATHAWAY FL REALTY
| |
|
01/08/2024
|
3 Bed
|
3 Bath
|
2677 ft²
|
$1,699,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
Bridgette C Foster
Downing Frye Realty Inc.
| |
|
03/18/2022
|
3 Bed
|
4 Bath
|
2862 ft²
|
$1,439,000
3 Bed
4 Bath
2862 ft²
|
-
-
|
Bridgette C Foster
Downing Frye Realty Inc.
| |
|
12/17/2021
|
3 Bed
|
3 Bath
|
2696 ft²
|
$1,900,000
3 Bed
3 Bath
2696 ft²
|
-
-
|
Bridgette C Foster
Downing Frye Realty Inc.
| |
|
11/08/2020
|
3 Bed
|
3 Bath
|
2428 ft²
|
$1,399,000
3 Bed
3 Bath
2428 ft²
|
-
-
|
-
| |
|
02/03/2020
|
3 Bed
|
4 Bath
|
2862 ft²
|
$998,000
3 Bed
4 Bath
2862 ft²
|
-
-
|
-
| |
|
01/22/2020
|
3 Bed
|
3 Bath
|
2696 ft²
|
$1,291,000
3 Bed
3 Bath
2696 ft²
|
-
-
|
-
| |
|
07/22/2016
|
3 Bed
|
3 Bath
|
2677 ft²
|
-
3 Bed
3 Bath
2677 ft²
|
-
-
|
-
| |
|
05/07/2013
| |
3 Bed
|
3 Bath
|
3096 ft²
|
$1,199,000
3 Bed
3 Bath
3096 ft²
|
$1,087,500
-9.30%
08/01/2013
|
Kathy Knabel-Bailey
Compass Florida LLC
|
|
11/30/2012
|
3 Bed
|
3 Bath
|
3096 ft²
|
$1,299,000
3 Bed
3 Bath
3096 ft²
|
-
08/02/2013
|
Bridgette Foster
Downing Frye Realty Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017