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.
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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 | |||
| 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 | |||
| | |||
|
This remarkable END UNIT in Regatta III at Vanderbilt Beach is a true coastal retreat. Located in the coveted 05-stack, it offers a unique feature - a poolside cabana (sold separately), which is rarely available. Not only does this property boast exceptional amenities, but it also has a proven WEEKLY rental income making it highly desirable. Situated directly across the street from Vanderbilt Beach and the prestigious Ritz Carlton, as well as the new Ritz Carlton Residents, this 4th-floor unit has a light and airy ambiance. The open floor plan seamlessly combines the great room, spacious kitchen with a breakfast bar, dining area, and the screened lanai, creating a seamless extension of the interior. For optimal privacy, the primary bedroom with a recently updated ensuite bath is tucked away from the two generously sized guest rooms. Regatta is a gated community with 24-hour guard service, providing a sense of security. The resort-style amenities are truly five-star, including a tropical pool with a captivating waterfall, a serene spa, a cutting-edge fitness center, and a lap pool for swimming enthusiasts. The building's exterior has recently been updated with a new roof and repainted, giving it a fresh and modern look. The location of this property is ideal, as it is just a stone's throw away from Pelican Bay Community Park, shopping, entertainment, and dining options at Mercato and the Pavillion. Don't miss out on this rare opportunity to own a piece of paradise, whether for personal enjoyment or as a lucrative weekly rental property.
| |||
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