$450,000
●
Land -
Off Market
4457 Southern Breeze Drive
Naples, FL 34114
Studio
0 Bath
$4,669
Est. Monthly
$1,830
HOA / Fees
About This Property
Most reasonably priced lake front site in Pelican Lake Motorcoach
Resort with an upgraded larger 303 square foot coach house.
This property is a pull-in, north facing, move-in ready
motorcoach site. This site is upgraded with pattern pavers that are
a neutral tan/brown color and has a small, raised patio area.
Tropical landscaping surrounds the property and creates beauty,
shade, and privacy. Included on the property is a custom built
coachhouse in 2016.The space is finished with a partial kitchen
including kitchen cabinetry, an undercounter refrigerator, sink,
and convection microwave. The rest of the building has a large
bathroom with walk-in shower, toilet, vanity, large storage area
with washer & dryer, a loft, and a spacious living area.
Unit Size
-
Days on Market
73 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$384
HOA Dues
$1,830
Year Built
2016
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (SWFLMLS #224095878)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by Motorcoach Resort Realty, Inc | $499,900 | |
| Listed by Motorcoach Resort Realty, Inc | |||
| Oct 12, 2024 | No longer available | - | |
| No longer available | |||
| May 11, 2024 | Listed by Motorcoach Resort Realty, Inc | $489,900 | |
| Listed by Motorcoach Resort Realty, Inc | |||
| | |||
|
Most reasonably priced lake front site in Pelican Lake Motorcoach Resort with an upgraded larger 303 square foot coachhouse. This property is a pull-in, north facing, move-in ready motorcoach site. This site is upgraded with pattern pavers that are a neutral tan/brown color and has a small, raised patio area. Tropical landscaping surrounds the property and creates beauty, shade, and privacy. The property has a custom built coachhouse was built in 2016. Approximately 303 square feet of space finished with a partial kitchen including kitchen cabinetry, an undercounter refrigerator, sink, and convection microwave. The rest of the building has a large bathroom with walk-in shower, toilet, vanity, large storage area with washer & dryer, a loft, and a spacious living area.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
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HOA + Taxes
About Royal Fakapalm
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Listed by: Shelley Freshwater, Motorcoach Resort Realty, Inc
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224095878
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224095878
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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