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6920 Bent Grass Drive
About This Property
Designed to embrace Southwest Florida living, the residence offers a light-filled, open layout with volume ceilings and a natural connection between the indoor and outdoor living spaces. The interior has been refreshed with full interior paint and new bedroom carpet (August 2026).
Outdoor living takes center stage with coveted sunset views over the lake, making this one of the most desirable lots in the neighborhood. Full sun on the pool and ample covered lanai space create an inviting setting for relaxing, entertaining and enjoying Naples' beautiful year-round climate.
The thoughtful floor plan provides comfortable accommodations for both owners and guests, making the property equally well suited as a full-time residence or an effortless seasonal retreat.
Life in Lely Resort extends well beyond the residence. The Players Club and Spa (with immediate access) serves as the social and recreational heart of the community, offering resort-style pools, fitness facilities, spa services, tennis, pickleball, bocce and multiple indoor and outdoor dining venues. Golf enthusiasts enjoy access to three championship golf courses within Lely Resort, including two public courses and one private club.
Ideally positioned between downtown Naples and Marco Island, Masters Reserve provides convenient access to Gulf beaches, boating, shopping, dining, medical facilities and everything that makes Southwest Florida such a desirable place to call home.
With just 135 residences, Masters Reserve offers an intimate neighborhood setting within one of Naples' established resort communities, combining the benefits of resort living with the appeal of a smaller gated neighborhood and exceptionally attractive HOA dues.
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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%.
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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 |
|---|---|---|---|
| Sep 14, 2026 | Price Decreased |
$755,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Aug 25, 2026 | Listed by Premier Sotheby's Int'l Realty | $775,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
| Oct 1, 2003 | Sold | ||
| Sold | |||
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017