5011 Cerromar Drive
About This Property
Why wait years for a membership? Secure your place on the Arnold Palmer Signature Course immediately with this expansive 4,372 sq. ft. masterpiece. As the largest floor plan in the neighborhood, this 5-bedroom, 6-bath (4 full/2 half) estate is the pinnacle of Naples living.
• The View: Wake up to breathtaking lakefront sunrises over perfectly manicured fairways.
• The Entertaining Hub: A massive screened oasis featuring a private pool, spa, and outdoor wet bar.
• Architectural Excellence: Grand cathedral ceilings, a dramatic floor-to-ceiling fireplace, and a gourmet chef's kitchen.
• The Perks: Drive your cart to Publix, enjoy world-class tennis and pickleball, and benefit from low HOA fees in a secure "Zone X" non-flood area.
Don't just move-upgrade your entire lifestyle.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2026 | No longer available | - | |
| No longer available | |||
| Jan 31, 2026 | Price Decreased |
$1,599,000
↓ $51K
(3.1%) | |
| Price Decreased | |||
| Jan 22, 2026 | Price Decreased |
$1,650,000
↓ $40K
(2.4%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by Berkshire Hathaway FL Realty | $1,690,000 | |
| Listed by Berkshire Hathaway FL Realty | |||
| Jun 10, 2025 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017