$545,000
●
Condo -
Off Market
5001 Maxwell Circle #8101
Naples, FL 34105
3 Beds
2 Baths
2,021 Ft²
$4,194
Est. Monthly
$952
HOA / Fees
7.59%
Cap Rate
About This Property
Discover luxury in this elegant first-floor coach home in Banyan
Woods, central Naples. This 3-bedroom, 2-bath residence spans 2,021
sq ft and is attractively priced at $569K. Built in 2002, it boasts
10' ceilings and 8' sliders. The open layout perfectly combines the
kitchen, living, and dining areas for entertaining.
The primary bedroom offers an en suite bath with a separate shower and tub for a private retreat. Enjoy the spacious screened lanai with views of the pool and lush greenery. Additional features include a 2-car garage, a new roof (2023), and a recently updated HVAC and water heater (2018). Exterior new paint is likely coming in 2025 after the board votes on colors and budget. Banyan Woods is a gated community with 100 beautifully landscaped estate homes and 88 Banyan Reserve coach-home condominiums. Residents enjoy amenities like a playground, basketball courts, and a clubhouse with a 1,200-square-foot fitness center, activity rooms, a gazebo, and a heated pool and spa. This location offers a well-rounded Naples lifestyle and is convenient to 5th Avenue shopping, Naples' beaches, and 3rd Street South.
The primary bedroom offers an en suite bath with a separate shower and tub for a private retreat. Enjoy the spacious screened lanai with views of the pool and lush greenery. Additional features include a 2-car garage, a new roof (2023), and a recently updated HVAC and water heater (2018). Exterior new paint is likely coming in 2025 after the board votes on colors and budget. Banyan Woods is a gated community with 100 beautifully landscaped estate homes and 88 Banyan Reserve coach-home condominiums. Residents enjoy amenities like a playground, basketball courts, and a clubhouse with a 1,200-square-foot fitness center, activity rooms, a gazebo, and a heated pool and spa. This location offers a well-rounded Naples lifestyle and is convenient to 5th Avenue shopping, Naples' beaches, and 3rd Street South.
Unit Size
2,021 Ft²
Days on Market
81 days
Land Size
-
Price per sqft
$282
Property Type
Condo
Property Taxes
$448
HOA Dues
$952
Year Built
-
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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 #224081968)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by William Raveis Real Estate | $569,000 | |
| Listed by William Raveis Real Estate | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Covered Spaces: 2
Has Attached Garage: Yes
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: Two
Interior Features: Breakfast Bar, Built In Features, Dual Sinks, Cable Tv, Walk In Closets, High Speed Internet, Split Bedrooms
Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Flooring Type: Tile
Living Area Square Feet Source: Appraiser
Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
Exterior Details
Property Condition: Resale
Year Built: 2002
Waterfront Features: None
Home Type: Residential
Architectural Style: Two Story, See Remarks, Low Rise
Roof: Tile
Window Features: Single Hung, Shutters
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
ZeroLotLine
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $5,380
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available, Underground Utilities
Location Details
Association Fee Includes: AssociationManagement, CableTv, Insurance, Internet, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, Sewer, StreetLights, Trash, Water
Association Amenities: Basketball Court, Clubhouse, Fitness Center, Playground, Park, Pool, Sidewalks
Association Fee: $920
Association Fee Frequency: Quarterly
Association Fee3: $1,935
Association Fee3 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 |
|---|---|---|---|---|---|---|---|
|
10/09/2024
|
3 Bed
|
2 Bath
|
2021 ft²
|
$569,000
3 Bed
2 Bath
2021 ft²
|
$545,000
-4.22%
12/31/2024
|
Kevin Fuller
William Raveis Real Estate
| |
|
07/21/2021
|
3 Bed
|
2 Bath
|
2021 ft²
|
$499,000
3 Bed
2 Bath
2021 ft²
|
-
-
|
Judy Price, PA
Coldwell Banker Realty
|
Building Info
About Central Naples
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Listed by: Kevin Fuller, PA, William Raveis Real Estate
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224081968
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224081968
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.
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