5455 Tamarind Ridge Drive
About This Property
Inside, clean lines and designer finishes set the tone. The expansive layout features two distinct living areas and a showstopping 15-foot quartz kitchen island with waterfall sides, surrounded by custom trim work, luxury wood-look tile, and smart home integration. A stacked stone wood-burning fireplace with a hidden projector screen invites cozy evenings, while the built-in surround sound enhances both everyday living and entertaining.
The kitchen and baths are a true highlight, with spa-like finishes including floating vanities with under-cabinet lighting, premium fixtures, quartz and marble countertops, and top-of-the-line stainless steel appliances. The serene primary suite includes a built-in electric fireplace and a spa-inspired bathroom that evokes total relaxation.
Step outside to your own private resort. The custom-designed pool, built in 2017, anchors the outdoor living space with a 360-degree spillover spa, sun shelf, water spouts, and linear fire features. A panoramic screened lanai connects seamlessly to a full outdoor kitchen equipped with an in-ground propane gas tank, a concrete fire pit, and an outdoor shower. The beautifully manicured and very private yard is enhanced by mature mango, banana, and various citrus trees, adding natural beauty and charm to the landscape. Raised garden beds, recessed LED lighting, and privacy hedges complete the lush setting, all tucked behind a gated circular driveway.
Whether you're entertaining under the stars or enjoying the tranquility of nature, this estate is both a sanctuary and a showpiece. With no HOA fees, A-rated schools nearby, and plenty of room for boats, RVs, or even horses, this property captures the essence of Naples living at its finest.
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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 |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 7, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$1,490,000
↓ $200K
(11.8%) | |
| Price Decreased | |||
| Jun 12, 2025 | Price Decreased |
$1,690,000
↓ $70K
(4%) | |
| Price Decreased | |||
| May 29, 2025 | Price Increased |
$1,760,000
↑ $10K
(0.6%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017