450 Launch Circle #302
About This Property
The place is truly unbeatable. Take a leisurely stroll to renowned nearby restaurants such as The Ritz-Carlton, Turtle Club, The Lighthouse, and La Playa. A short drive will lead you to many fine dining options, movie theaters, upscale shopping, and more at the fabulous new Mercato, Pelican Bay Marketplace, or Pavilion Shops.
Embrace the opportunity to experience the epitome of waterfront living with its unrivaled bay views, convenient amenities, and proximity to renowned dining and entertainment establishments.
The manager has listed the unit size as 1480 square feet.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | Listed | $1,150,000 | |
| Listed | |||
| | |||
|
COMPARE TO ANYTHING ON THE MARKET!! Naples was just voted the NUMBER ONE PLACE TO LIVE IN FLORIDA!! Couple that with an amazing PET FRIENDLY (no size limitations!) 3-bedroom opportunity to: walk a couple of blocks to the beach; live DIRECTLY ON THE BAY (where you can own or rent a boat slip); enjoy on-site beautiful amenities and fabulous shopping and dining nearby; benefit from both an incredible WEEKLY rental policy AND a MAJOR PRICE DROP to $1,150,000!! Across the street from the Ritz, and being only 20 minutes from the airport, this wonderful condo is easy enough for a weekend stay! Use it when you want, and rent it the rest of the year! This is the least expensive Regatta unit in the entire complex and the least expensive with a bay view by hundreds of thousands of dollars!!. (AND HVAC equipment was replaced 5 years ago and Hot water heater was replaced last year!) Two resort style pools and spas, clubhouse with fitness center, bbq area, and a fishing pier. It would be difficult to find a Naples condo to match what this unit has to offer, especially at this price! Agents, please see confidential remarks.
| |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Jun 29, 2023 | Listed | $1,265,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2026
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,050,000
3 Bed
2 Bath
1635 ft²
|
$990,000
-5.71%
05/22/2026
|
Susan Owens
Premiere Plus Realty Company
| |
|
11/13/2025
|
3 Bed
|
2 Bath
|
1475 ft²
|
$1,249,900
3 Bed
2 Bath
1475 ft²
|
-
-
|
Diana Canfield
Realty World J. PAVICH R.E.
| |
|
01/06/2024
|
3 Bed
|
2 Bath
|
1480 ft²
|
$1,150,000
3 Bed
2 Bath
1480 ft²
|
$1,075,000
-6.52%
07/31/2024
|
Mary Willkomm
Perfect Properties of Naples, Inc.
| |
|
06/29/2023
|
3 Bed
|
2 Bath
|
1480 ft²
|
$1,265,000
3 Bed
2 Bath
1480 ft²
|
-
-
|
Bradley Dohack
Gulf Pointe Properties
| |
|
06/03/2023
|
3 Bed
|
2 Bath
|
1475 ft²
|
$1,295,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
Jill Parker Nesbitt, LLC
William Raveis Real Estate
| |
|
04/24/2023
|
3 Bed
|
2 Bath
|
1630 ft²
|
$1,525,000
3 Bed
2 Bath
1630 ft²
|
-
-
|
Lauren Taylor Brooker, LLC
Compass Florida LLC
| |
|
04/11/2023
|
3 Bed
|
2 Bath
|
1630 ft²
|
$1,575,000
3 Bed
2 Bath
1630 ft²
|
-
-
|
Joseph Caveney
William Raveis Real Estate
| |
|
01/29/2023
|
3 Bed
|
2 Bath
|
1630 ft²
|
$1,195,000
3 Bed
2 Bath
1630 ft²
|
-
-
|
Lauren Taylor Brooker, LLC
Compass Florida LLC
| |
|
09/21/2022
|
3 Bed
|
2 Bath
|
1475 ft²
|
$1,325,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
Jill Parker Nesbitt, LLC
William Raveis Real Estate
| |
|
11/10/2021
|
3 Bed
|
2 Bath
|
1630 ft²
|
$870,000
3 Bed
2 Bath
1630 ft²
|
-
-
|
Lesley A Garlock
William Raveis Real Estate
| |
|
12/18/2019
|
3 Bed
|
2 Bath
|
1475 ft²
|
$719,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
-
| |
|
12/14/2018
|
3 Bed
|
2 Bath
|
1475 ft²
|
$715,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
-
| |
|
05/09/2018
|
3 Bed
|
2 Bath
|
1630 ft²
|
-
3 Bed
2 Bath
1630 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017