Located in the prestigious St. Vincents at Pelican Bay, this
three-bedroom, two-bath residence offers a desirable west-facing
orientation with tranquil lake and pool views. The enclosed lanai
enhances the open floor plan, where the kitchen flows seamlessly
into the dining, living, and lanai seating areas. Offering 1,701
square feet under air, this inviting layout is thoughtfully
designed with tasteful finishes and is perfect for entertaining
family and friends with effortless flow between spaces. The
spacious primary suite features a walk-in closet, dual sinks, and a
separate tub and shower, while each guest suite provides generous
space and storage. Additional highlights include impact-resistant
glass, a deeded covered parking space, and extra storage. Ideally
located, the residence is within walking distance of Pelican Bay's
North Beach as well as the Commons tram station, tennis facilities,
and more. St. Vincents, an exclusive enclave within Crown Colony,
provides gated entry with 24-hour security, while Pelican Bay
presents world-class amenities such as two private beach clubs with
restaurants and beach attendants, tennis courts, pickleball courts,
a state-of-the-art fitness center, group classes, kayaking, and
scenic walking paths. Just steps from Waterside Shops and
Artis–Naples, and only a short drive to Mercato and Fifth Avenue
South, this exceptional property combines refined living with
unmatched convenience in the heart of Naples.
Unit Size
1,701 Ft²
Days on Market
196 days
Land Size
-
Price per sqft
$467
Property Type
Condo
Property Taxes
$304
HOA Dues
$753
Year Built
-
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Cap Rate Calculator
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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.
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