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605 Galleon Drive
About This Property
Ideally positioned near the entrance of Port Royal, the home offers quick and convenient access in and out of the community, while being just moments to the private Port Royal Beach Club. Immediate membership eligibility is a significant advantage, allowing a new owner to enjoy one of Naples' most exclusive beachfront clubs without delay.
Set along the wide Jamaica Channel-one of Port Royal's most desirable waterways-this property delivers expansive water views and an extremely short idle to Naples Bay, providing fast, direct Gulf access. The dock accommodates up to a 60-70 foot vessel, and the dock area has been dredged to approximately 7 feet, a rare and highly valuable feature that enhances usability for larger boats.
Built by BCB in 2011, the residence showcases quality construction and timeless design. From the moment you enter, the attention to detail is evident. A striking living room with a see-through fireplace flows seamlessly into the dining and great room, creating an ideal layout for both everyday living and entertaining.
The light-filled kitchen is both functional and inviting, featuring a large walk-in pantry, a gas cooktop, and an open concept that allows for effortless hosting. The primary suite is spacious and private, complete with dual designer closets and a well-appointed bath.
Upstairs, three generously sized en-suite bedrooms provide comfort and privacy for guests, complemented by an additional laundry room and a versatile loft perfect as a media room or relaxed lounge.
Outdoor living is designed to capture the Naples waterfront lifestyle, featuring a screened-in lanai with motorized screens, a summer kitchen, and a pool bath-allowing you to effortlessly transition between open-air and protected comfort. The pool and spa overlook the wide Jamaica Channel, offering a serene setting to relax or entertain while watching boats pass by. The property is fully fenced and includes a dedicated dog run, providing both privacy and convenience.
Constructed with durability and peace of mind in mind, the home features impact glass throughout, complemented by additional hurricane shutters that provide enhanced protection for the covered outdoor living areas.
For buyers seeking a premier boating location, beach club eligibility, and strong overall value in Port Royal, this property stands out as a rare opportunity.
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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 26, 2026 | Sold | ||
| Sold | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$13,950,000
↓ $1M
(6.7%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$14,950,000
↓ $950K
(6%) | |
| Price Decreased | |||
| Mar 30, 2026 | Listed by Compass Florida LLC | $15,900,000 | |
| Listed by Compass Florida LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017