470 Launch Circle #V303
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 18, 2025 | Listed by Sun Realty | $1,150,000 | |
| Listed by Sun Realty | |||
| |||
|
Directly across the Naples Ritz Carlton Beach resort! Ready to move in to warm, sunny Naples with min 250 days of sunshine and ranked as one of the happiest and healthiest communities. How many people are fortunate enough to be able to walk out their door and have the white-sand beaches and glorious sunsets just steps away and a plethora of upscale restaurants, shops and nightlife nearby? Don’t wait another year to make this turnkey furnished unit your perfect beach retreat. It is also a highly sought-after property for premium rentals. With one of the most flexible rental policies, you already have revenue secured for this year. Resident’s pets are welcome with no size restrictions. Regatta offers a care-free lifestyle with a resort pool with a waterfall and jacuzzi, a lap pool, exercise room, poolside grills and gated entry. The well-maintained building is surrounded by lush, tropical landscaping, secure building entry and convenient parking under the building. Start enjoying a healthy lifestyle today. Brand new counter opens kitchen to the living room and dining area. The primary bedroom is set away from the 2 guest suites. The primary bath was recently renovated. The resort style pools (one located on the water in front of building 400, 2 spas, clubhouse with fitness facility, BBQ area, fishing pier 55 slip marina and only a short 4 min walk to Vanderbilt Beach. Rental restrictions allow 7 day min rentals 52 times a year . Must see to appreciate all that this property has to offer. Close to the Ritz Carlton, Turtle Club, and LaPlaya. All within a 3 mile radius are movie theaters, upscale shopping and dining at Mercato, Pelican Bay Marketplace, or Pavilion Shops. Pickleball is coming soon to the public Pelican Bay Park just across the street!
| |||
| Jul 31, 2025 | No longer available | - | |
| No longer available | |||
| Jan 31, 2025 | Listed by Sun Realty | $1,175,000 | |
| Listed by Sun Realty | |||
| Nov 2, 2020 | No longer available | - | |
| No longer available | |||
| Apr 14, 2020 | Relisted | $625,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/16/2026
|
3 Bed
|
2 Bath
|
1475 ft²
|
$1,050,000
3 Bed
2 Bath
1475 ft²
|
$1,030,000
-1.90%
05/13/2026
|
Falia Justima
Genesis Realty Team
| |
|
01/31/2025
|
3 Bed
|
2 Bath
|
1475 ft²
|
$1,175,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
Bianca Cirakovic
Sun Realty
| |
|
01/08/2025
|
3 Bed
|
2 Bath
|
1635 ft²
|
$999,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Jason Zientarski
Keller Williams Realty Naples
| |
|
01/05/2025
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,270,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Mary Wiggins
Premiere Plus Realty Company
| |
|
03/06/2024
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,470,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Lesley A Garlock
William Raveis Real Estate
| |
|
05/14/2024
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,265,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Mary Wiggins
Premiere Plus Realty Company
| |
|
03/18/2024
|
3 Bed
|
2 Bath
|
1475 ft²
|
$1,300,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
John A Turco, PA
William Raveis Real Estate
| |
|
09/05/2023
|
3 Bed
|
2 Bath
|
1639 ft²
|
$1,300,000
3 Bed
2 Bath
1639 ft²
|
-
-
|
Lauren Taylor Brooker, LLC
Compass Florida LLC
| |
|
04/04/2023
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,199,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Jason Zientarski
Keller Williams Realty Naples
| |
|
05/17/2022
|
3 Bed
|
2 Bath
|
1639 ft²
|
$1,500,000
3 Bed
2 Bath
1639 ft²
|
$1,315,000
-12.33%
08/08/2022
|
Tony Blaskis
William Raveis Real Estate
| |
|
04/18/2022
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,049,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Lesley A Garlock
William Raveis Real Estate
| |
|
07/14/2019
|
3 Bed
|
2 Bath
|
1475 ft²
|
$630,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
-
| |
|
06/08/2018
|
3 Bed
|
2 Bath
|
1475 ft²
|
-
3 Bed
2 Bath
1475 ft²
|
-
-
|
-
| |
|
05/05/2009
|
3 Bed
|
2 Bath
|
1630 ft²
|
$645,000
3 Bed
2 Bath
1630 ft²
|
-
-
|
Steve Fuller
Downing Frye Realty Inc.
| |
|
09/03/2008
|
3 Bed
|
2 Bath
|
1630 ft²
|
$645,000
3 Bed
2 Bath
1630 ft²
|
-
-
|
Steve Fuller
Downing Frye Realty Inc.
| |
|
03/01/2007
|
3 Bed
|
2 Bath
|
1475 ft²
|
$685,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
Jenny Urness, PA
Gulf Bay Marketing Group Inc
| |
|
12/17/2003
| |
Loft
|
-
|
-
|
$120,000
Loft
-
|
-
-
|
Mari Vesci
John R Wood Properties
|
Building Info
About North Naples
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$14,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017