$224,999
●
Condo -
Off Market
4973 Pepper Circle #F202
Naples, FL 34113
2 Beds
2 Baths
1,118 Ft²
$3,200
Est. Monthly
$1,931
HOA / Fees
3.32%
Cap Rate
About This Property
This second-floor condominium features 2 bedrooms and 2 full baths,
making it a fantastic buy. It includes one assigned covered parking
space, with plenty of guest parking available. Located in
Pepperwood, a tranquil, park-like community, it is conveniently
close to downtown, medical facilities, shopping, and dining
options.
The unit offers ample storage space, a screened-in lanai with a view of the pool, spacious living areas, and a full-sized laundry room in the residence. The homeowner association has recently updated the roof, installed impact glass on the doors and windows, and ensured everything is up to the latest hurricane standards.
For those who enjoy an active lifestyle, the community features a pool and a bike and jogging path.
The unit offers ample storage space, a screened-in lanai with a view of the pool, spacious living areas, and a full-sized laundry room in the residence. The homeowner association has recently updated the roof, installed impact glass on the doors and windows, and ensured everything is up to the latest hurricane standards.
For those who enjoy an active lifestyle, the community features a pool and a bike and jogging path.
Unit Size
1,118 Ft²
Days on Market
-
Land Size
-
Price per sqft
$201
Property Type
Condo
Property Taxes
$164
HOA Dues
$1,931
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (SWFLMLS #225011556)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 13, 2025 | Price Decreased |
$224,999
↓ $24K
(9.6%) | |
| Price Decreased | |||
| Feb 1, 2025 | Listed by Imperial Realty of Naples, Inc | $249,000 | |
| Listed by Imperial Realty of Naples, Inc | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 6, 2021 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Guest, One Space, Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: Two
Interior Features: Dual Sinks, Eat In Kitchen, Shower Only, Separate Shower, Vaulted Ceilings, Split Bedrooms
Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Refrigerator With Ice Maker, Water Purifier, Washer
Flooring Type: Laminate
Living Area Square Feet Source: Appraiser
Laundry Features: Inside
Exterior Details
Property Condition: Resale
Year Built: 1988
Waterfront Features: None
Home Type: Residential
Architectural Style: Two Story, Low Rise
Roof: Shingle
Window Features: Impact Glass
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Balcony, Screened
Pool Features: Community
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,967
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available
Location Details
Association Fee Includes: IrrigationWater, StreetLights, Trash
Association Amenities: Pool
Association Fee: $1,931
Association Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2026
|
2 Bed
|
2 Bath
|
1118 ft²
|
$259,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
Trent Peake
Coldwell Banker Realty
| |
|
02/01/2025
|
2 Bed
|
2 Bath
|
1118 ft²
|
$249,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
Jose Nunez
Imperial Realty of Naples, Inc
| |
|
05/08/2024
|
2 Bed
|
2 Bath
|
1131 ft²
|
$360,000
2 Bed
2 Bath
1131 ft²
|
$340,000
-5.56%
07/10/2024
|
Denny Bowers
Compass Florida LLC
| |
|
12/04/2020
|
2 Bed
|
2 Bath
|
1118 ft²
|
$154,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
| |
|
02/04/2020
|
2 Bed
|
2 Bath
|
1118 ft²
|
$153,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
| |
|
09/29/2019
|
2 Bed
|
2 Bath
|
1118 ft²
|
$154,900
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
|
Building Info
About East Naples
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jose Nunez, Imperial Realty of Naples, Inc
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 225011556
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 225011556
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017