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Map
4635 Bayshore Drive #P4
About This Property
Whether you're a first-time homebuyer, retiree, seasonal resident, or savvy investor, this move-in-ready condo checks every box. Located in the desirable Abaco Bay community, this first-floor 2-bedroom, 2-bath residence offers an unbeatable combination of affordability, comfort, and location.
Featuring 886 square feet of thoughtfully designed living space and ALL TILE throughout, this is the only condo in the community with brand-new impact windows installed in April 2026, providing added storm protection, energy efficiency, and peace of mind. Inside, you'll find easy-care tile flooring throughout, a bright open-concept living and dining area, and a desirable split-bedroom floor plan that offers privacy for owners and guests alike.
The spacious primary suite includes a private en-suite bath, while the guest bedroom is perfect for visiting family and friends, a home office, or flex space to fit your lifestyle.
Residents of Abaco Bay enjoy a community pool, clubhouse, and low monthly HOA fees, making ownership both enjoyable and affordable.
The location is equally impressive. Just minutes from the vibrant Bayshore Arts District, you'll have easy access to waterfront restaurants, local breweries, art galleries, live music, boutique shopping, and the popular Celebration Food Truck Park. Outdoor enthusiasts will appreciate nearby Bayview Park, Haldeman Creek, and Naples Botanical Garden for boating, kayaking, walking trails, and year-round recreation.
Best of all, you're only a short drive from the world-class dining and shopping of Downtown Naples, Fifth Avenue South, Third Street South, and the pristine white-sand beaches that make Naples one of Florida's most desirable destinations.
Affordable, updated, and exceptionally located, this is an incredible opportunity to own one of the best values on the market. Schedule your private showing today before it's gone!
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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 3, 2026 | Price Decreased |
$175,000
↓ $14K
(7.2%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$188,500
↓ $500
(0.3%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Serhant-Naples | $189,000 | |
| Listed by Serhant-Naples | |||
| Aug 5, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 8, 2025 | Price Decreased |
$219,000
↓ $6K
(2.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/23/2025
|
2 Bed
|
2 Bath
|
886 ft²
|
$195,000
2 Bed
2 Bath
886 ft²
|
$195,000
12/15/2025
|
Phadley Petigny
John R Wood Properties
| |
|
03/15/2025
|
2 Bed
|
2 Bath
|
886 ft²
|
$229,000
2 Bed
2 Bath
886 ft²
|
-
-
|
Matthew Steves
Keller Williams Realty Naples
| |
|
09/12/2024
|
2 Bed
|
2 Bath
|
886 ft²
|
$280,000
2 Bed
2 Bath
886 ft²
|
-
-
|
Kendra King
Premiere Plus Realty Company
| |
|
09/27/2023
|
2 Bed
|
2 Bath
|
886 ft²
|
$253,000
2 Bed
2 Bath
886 ft²
|
-
-
|
Jon Hunt
Coldwell Banker Realty
| |
|
05/26/2023
|
2 Bed
|
2 Bath
|
886 ft²
|
$239,000
2 Bed
2 Bath
886 ft²
|
-
-
|
Jeffrey Eric Feldman, PA
Premiere Plus Realty Co.
| |
|
01/07/2023
|
2 Bed
|
2 Bath
|
886 ft²
|
$195,000
2 Bed
2 Bath
886 ft²
|
-
-
|
Joseph A Bartos, PA
Premiere Plus Realty Co.
| |
|
11/17/2022
|
2 Bed
|
2 Bath
|
886 ft²
|
$235,000
2 Bed
2 Bath
886 ft²
|
-
-
|
Juan J Sosa
Downing Frye Realty Inc.
| |
|
03/11/2021
| |
2 Bed
|
2 Bath
|
886 ft²
|
$137,000
2 Bed
2 Bath
886 ft²
|
-
-
|
Michael Sopka
Engel & Volkers Olde Naples
|
|
03/03/2020
|
2 Bed
|
2 Bath
|
886 ft²
|
$119,900
2 Bed
2 Bath
886 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017