5046 Martinique Drive
About This Property
The impressive great room showcases 14-foot double tray ceilings, crown molding, and abundant natural light-an ideal backdrop for stylish entertaining. Seamlessly connected, the gourmet kitchen is a chef's delight, featuring stainless steel appliances, granite countertops, and an oversized island with seating for four.
A true showpiece, the Eastern-facing screened lanai is designed for relaxation and entertaining alike. Enjoy the sparkling pool, fully equipped outdoor kitchen with grill, and multiple seating areas-all while taking in tranquil water views. Set at the end of a quiet cul-de-sac with water wrapping two sides, the property offers unmatched privacy.
Notable upgrades include 10-foot pocketing impact sliders, hurricane screens on the lanai, rich wood and tile flooring, and even an insulated garage door for year-round comfort.
Beyond the home, the Isles of Collier Preserve spans 2,400 acres of pristine lakes and nature preserves, offering endless opportunities for recreation. Residents enjoy scenic walking and biking trails, kayaking, paddleboarding, tennis, pickleball, bocce, and a dog park. The community clubhouse features a state-of-the-art fitness center, resort and lap pools, and the inviting Overlook Bar & Grill.
Perfectly located just minutes from Old Naples' shops, dining, and beaches, and moments from the Naples Botanical Garden and acclaimed Naples Pickleball Center, this home offers the ideal blend of luxury, privacy, and vibrant community living.
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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 |
|---|---|---|---|
| Feb 12, 2026 | Sold | ||
| Sold | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Price Decreased |
$1,900,000
↓ $200K
(9.5%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Coldwell Banker Realty | $2,100,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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About East Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017