425 Dockside Drive #605
About This Property
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!
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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. | |||
| 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