4639 Flamingo Drive
About This Property
Just 3 miles from the vibrant heart of Naples, this stunning Orquidea model pool home offers the ultimate Florida lifestyle. Featuring 3 bedrooms, 2 baths, and a den/office, this popular floor plan includes 1,912 sq. ft. of living space with high 11.9' ceilings and elegant crown molding.
The spacious kitchen boasts upgraded cabinets and stainless steel appliances, while the convenient inside laundry room includes a washer, dryer, and laundry sink. Enjoy tile flooring throughout, a main bedroom suite with a walk-in closet, and impact windows and doors for added peace of mind.
Step outside to the screened-in pool area, complete with paver flooring, perfect for relaxing or entertaining. With a tile roof and a total area of 2,777 sq. ft., this home combines style and functionality.
Located in the Flamingo Estates Civic Association with low annual dues of just $50, this property is a must-see! Don't miss your chance to live close to the best of Naples.
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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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Price Decreased |
$824,900
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Jan 5, 2025 | Price Decreased |
$849,900
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Sep 9, 2024 | Listed by Southern Heritage Real Estate | $879,900 | |
| Listed by Southern Heritage Real Estate | |||
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About East Naples
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Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224073249
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