$315,000
●
Condo -
Off Market
700 Valley Stream Drive #202
Naples, FL 34113
2 Beds
2 Baths
1,200 Ft²
$2,593
Est. Monthly
$933
HOA / Fees
7.06%
Cap Rate
About This Property
Discover the elegance of this updated, move-in ready 2-bedroom,
2-bathroom condo on the second floor with convenient elevator
access, ample natural light, and views. The open design features a
split floorplan and screened lanai overlooking the pool and
Hibiscus Golf Course. Renovated in 2023, it boasts a built-in
entryway bench, new kitchen appliances, granite countertops, new
recessed lighting, and a custom coffee/wine bar with fridge. Both
bathrooms have been tastefully remodeled with modern hardware. This
home is conveniently located minutes from Downtown Naples, Bayshore
Art District, Bayview Boat Launch, beaches, golf courses,
restaurants, medical facilities, shopping centers and more!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$263
Property Type
Condo
Property Taxes
$113
HOA Dues
$933
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (SWFLMLS #224084795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2025 | No longer available | - | |
| No longer available | |||
| Jan 20, 2025 | Price Decreased |
$315,000
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Oct 22, 2024 | Listed by Mato Realty, LLC | $330,000 | |
| Listed by Mato Realty, LLC | |||
| Jan 19, 2024 | Listed by BERKSHIRE HATHAWAY FL REALTY | $320,000 | |
| Listed by BERKSHIRE HATHAWAY FL REALTY | |||
| | |||
|
This exquisite, recently updated 2-bedroom / 2-bathroom second-floor condo is a haven for those seeking seasonal or year-round living. The spacious living area, split floorplan, & screened-in lanai with views of the pool, Lely Canal, & hole #15 of Hibiscus Golf Course boasts the tranquil living experience that Southwest Florida has to offer. Recent (2023) updates include: built-in entryway storage bench, kitchen appliances, granite countertops, modern hardware, custom coffee/wine bar with fridge, fully remodeled bathrooms, recessed lighting, etc.
This home is centrally located & minutes from Downtown Naples, beaches, shopping, dining, golfing, Bayview Park boat launch, Bayshore Art District & so much more!
| |||
| May 13, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Assigned, Guest, One Space, Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Living Dining Room, Shower Only, Separate Shower, Bar, Split Bedrooms
Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Refrigerator With Ice Maker, Self Cleaning Oven, Wine Cooler, Washer
Flooring Type: Laminate
Living Area Square Feet Source: Appraiser
Laundry Features: Inside
Exterior Details
Property Condition: Resale
Year Built: 1982
Waterfront Features: Canal Access
Home Type: Residential
Architectural Style: Other, See Remarks, Low Rise
Roof: Tile
Window Features: Single Hung
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Patio, Porch, Screened
Pool Features: Community
ZeroLotLine
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,351
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available
Location Details
Association Fee Includes: AssociationManagement, Insurance, LegalAccounting, MaintenanceGrounds, PestControl, RoadMaintenance, Sewer, Trash, Water
Association Amenities: Barbecue, Picnic Area, Pool, Storage
Association Fee3: $2,800
Association Fee3 Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/27/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$249,500
2 Bed
2 Bath
1200 ft²
|
$130,000
-47.90%
07/30/2026
|
Tom Dorway
Premiere Plus Realty Co.
| |
|
11/27/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$249,500
2 Bed
2 Bath
1200 ft²
|
$130,000
-47.90%
07/30/2026
|
Tom Dorway
Premiere Plus Realty Co.
| |
|
11/29/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$299,750
2 Bed
2 Bath
1200 ft²
|
-
-
|
Tom Dorway
Premiere Plus Realty Co.
| |
|
11/27/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$299,750
2 Bed
2 Bath
1200 ft²
|
-
-
|
Tom Dorway
Premiere Plus Realty Co.
| |
|
10/22/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$330,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Steve Martinez
Mato Realty, LLC
| |
|
03/21/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$339,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Lynn Wiege
Keller Williams Marco Realty
| |
|
01/19/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$320,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Grace Tremonti
Berkshire Hathaway FL Realty
| |
|
10/02/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$335,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Kim Pojeta
MVP Realty Associates LLC
| |
|
04/20/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$305,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Amanda Yonkin
Redfin Corporation
| |
|
05/01/2020
|
2 Bed
|
2 Bath
|
1220 ft²
|
$139,900
2 Bed
2 Bath
1220 ft²
|
-
-
|
-
| |
|
09/25/2019
|
2 Bed
|
2 Bath
|
1220 ft²
|
$145,000
2 Bed
2 Bath
1220 ft²
|
-
-
|
-
| |
|
09/12/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$149,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
08/27/2019
|
2 Bed
|
2 Bath
|
1220 ft²
|
$125,000
2 Bed
2 Bath
1220 ft²
|
-
-
|
-
| |
|
10/18/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$145,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
06/10/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
-
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Building Info
About East Naples
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Listed by: Steve Martinez, Mato Realty, LLC
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224084795
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224084795
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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