470 Launch Circle #V405
About This Property
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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 |
|---|---|---|---|
| Apr 6, 2025 | No longer available | - | |
| No longer available | |||
| Jan 5, 2025 | Listed by Premiere Plus Realty Company | $1,270,000 | |
| Listed by Premiere Plus Realty Company | |||
| | |||
|
**Your Coastal Escape Awaits!** Embrace the ultimate beach and boating lifestyle in this exquisite end unit at Regatta III, ideally located in the coveted 05-stack at Vanderbilt Beach. This condo isn't just a residence; it’s a coastal sanctuary featuring a unique poolside cabana with water, electricity, AC and lounging area (sold separately) – a true gem! Take advantage of the flexible WEEKLY rental policy and pet-friendly atmosphere, making it perfect for personal enjoyment or investment opportunities. This bright 4th-floor unit boasts an open floor plan that seamlessly merges the spacious great room with a contemporary kitchen, complete with a breakfast bar and dining area, all leading to a generous screened lanai.Enjoy privacy with the primary bedroom thoughtfully separated from the two spacious guest bedrooms, enhanced by a recently renovated ensuite bath. Indulge in five-star resort-style amenities including a tropical pool with a stunning waterfall, a soothing spa, a cutting-edge fitness center, and a lap pool for your swimming delight. The gated community provides 24-hour guard service, ensuring your peace of mind and the community has been freshly updated with a new roof and modern paint, offering a sleek appearance. Location is key! Just steps from the pristine shores of Vanderbilt Beach and the luxurious NEW Ritz Carlton Residents, the Ritz Carlton beach Resort and LaPlaya. You'll also find Pelican Bay Community Park nearby, featuring pickleball courts, tennis facilities, and beautiful walking paths. Plus, enjoy upscale shopping, dining, and entertainment at Mercato, Waterside Shops, Venetian Bay, and The Pavilion, all within close reach. Seize this rare chance to own your slice of paradise – whether for personal enjoyment or as a profitable weekly rental investment!
| |||
| Dec 5, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 8, 2024 | Price Decreased |
$1,199,000
↓ $66K
(5.2%) | |
| Price Decreased | |||
| May 14, 2024 | Listed by Premiere Plus Realty Company | $1,265,000 | |
| Listed by Premiere Plus Realty Company | |||
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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Currently no similar homes aroundNearby Rentals
$14,000 /mo
- 3 Beds
- 2 Baths
- 1,639 ft²
$13,500 /mo
- 2 Beds
- 2 Baths
- 1,550 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017