50
Map
445 DOCKSIDE Drive #B202
About This Property
The large great room provides the perfect space for entertaining, with expansive west-facing views that fill the home with natural light and frame spectacular sunsets over the water. The private owner's suite is a serene retreat, featuring a luxurious bath and direct access to the lanai, while two additional guest suites ensure comfort and privacy for visitors. Enjoy morning coffee or casual dining on the kitchen's private veranda, surrounded by gentle breezes and tropical scenery.
Built with peace of mind in mind, the residence includes top-quality hurricane impact windows and sliders, electric shutters on the lanai and veranda, and recent mechanical updates - including two newer air conditioning units and a new water heater. A spacious laundry room, ample storage, and assigned parking add everyday convenience.
Set within a lush 15-acre island enclave, Pelican Isle offers an intimate setting with only three buildings and 136 total residences. Residents may also enjoy membership at the Pelican Isle Yacht Club, featuring boating access, beach shuttle service, dining, fitness, and vibrant social activities.
Experience the best of Naples waterfront living - a refined blend of comfort, security, and coastal elegance - at Pelican Isle.
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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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Price Decreased |
$1,325,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$1,350,000
↓ $45K
(3.2%) | |
| Price Decreased | |||
| Mar 16, 2026 | Price Decreased |
$1,395,000
↓ $80K
(5.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/13/2025
|
3 Bed
|
3 Bath
|
2677 ft²
|
$1,975,000
3 Bed
3 Bath
2677 ft²
|
$1,100,000
-44.30%
07/28/2026
|
Gayle Satcher
William Raveis Real Estate
| |
|
04/22/2025
|
3 Bed
|
3 Bath
|
2862 ft²
|
$2,399,500
3 Bed
3 Bath
2862 ft²
|
-
-
|
Bridgette Foster
Downing Frye Realty Inc.
| |
|
03/12/2025
|
3 Bed
|
3 Bath
|
2866 ft²
|
$2,599,000
3 Bed
3 Bath
2866 ft²
|
$2,037,500
-21.60%
03/19/2026
|
Doug Grant
Coldwell Banker Residential Re
| |
|
01/15/2025
|
3 Bed
|
3 Bath
|
2677 ft²
|
$2,250,000
3 Bed
3 Bath
2677 ft²
|
$1,275,000
-43.33%
05/04/2026
|
Doug Grant
Coldwell Banker Residential Re
| |
|
10/28/2024
|
3 Bed
|
4 Bath
|
2862 ft²
|
$2,550,000
3 Bed
4 Bath
2862 ft²
|
$2,325,000
-8.82%
03/11/2025
|
Suzanne Ring
Premier Sotheby's Int'l Realty
| |
|
05/22/2024
|
3 Bed
|
3 Bath
|
2677 ft²
|
$1,395,000
3 Bed
3 Bath
2677 ft²
|
$870,000
-37.63%
03/14/2025
|
Susan Heller
RE/MAX ACTION
| |
|
02/26/2024
|
3 Bed
|
3 Bath
|
2677 ft²
|
$2,275,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
Danni Poe
John R Wood Properties
| |
|
02/01/2024
|
3 Bed
|
4 Bath
|
3320 ft²
|
$3,350,000
3 Bed
4 Bath
3320 ft²
|
-
-
|
Bridgette Foster
Downing Frye Realty Inc.
| |
|
05/10/2023
|
3 Bed
|
3 Bath
|
2677 ft²
|
$1,696,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
Bridgette C Foster
Downing Frye Realty Inc.
| |
|
04/15/2023
|
3 Bed
|
3 Bath
|
2677 ft²
|
$2,275,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
Mary E. Charters
Keller Williams Realty Naples
| |
|
03/10/2023
|
3 Bed
|
4 Bath
|
2862 ft²
|
$2,495,000
3 Bed
4 Bath
2862 ft²
|
$2,350,000
-5.81%
03/01/2024
|
Debbie Laites
Premiere Plus Realty Company
| |
|
09/16/2022
|
3 Bed
|
3 Bath
|
2677 ft²
|
$1,799,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
Bridgette C Foster
Downing Frye Realty Inc.
| |
|
09/13/2020
|
3 Bed
|
4 Bath
|
2862 ft²
|
$1,695,000
3 Bed
4 Bath
2862 ft²
|
-
-
|
-
| |
|
01/26/2020
|
3 Bed
|
3 Bath
|
2677 ft²
|
$995,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
-
| |
|
12/12/2019
|
3 Bed
|
4 Bath
|
2862 ft²
|
$1,450,000
3 Bed
4 Bath
2862 ft²
|
-
-
|
-
| |
|
10/28/2019
|
3 Bed
|
4 Bath
|
3139 ft²
|
$1,575,000
3 Bed
4 Bath
3139 ft²
|
-
-
|
-
| |
|
07/30/2018
|
3 Bed
|
3 Bath
|
2677 ft²
|
$885,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
-
| |
|
06/29/2018
|
3 Bed
|
4 Bath
|
2862 ft²
|
-
3 Bed
4 Bath
2862 ft²
|
-
-
|
-
| |
|
05/16/2018
| |
3 Bed
|
4 Bath
|
2862 ft²
|
-
3 Bed
4 Bath
2862 ft²
|
-
-
|
-
|
|
01/12/2009
|
3 Bed
|
3 Bath
|
2677 ft²
|
$699,000
3 Bed
3 Bath
2677 ft²
|
-
-
|
Steve Suddeth
John R Wood Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017