Experience luxury coastal living with this beautifully renovated
3-bedroom residence in the highly desirable Barrington Club at
Pelican Bay. This bright and inviting home has been thoughtfully
updated throughout, featuring new bamboo flooring, elegant Italian
tile, and fresh interior paint. The kitchen is equipped with sleek
stainless steel appliances, and the newly installed impact-rated
hurricane windows offer both peace of mind and exceptional sound
insulation-no need for shutters, aside from the lanai sliders and
French doors. A rare and convenient addition, the den now includes
a stylish half-bath-ideal for entertaining. Enjoy serene water
views from your private lanai. Pelican Bay offers an unmatched
Naples lifestyle with exclusive access to two private beachfront
clubs featuring dining, beachside service, and stunning Gulf views.
Residents also enjoy a world-class fitness center, top-tier tennis
facilities, kayak and canoe launches into pristine mangroves, and
miles of scenic walking and biking trails. Located just minutes
from premier shopping, dining, grocery stores, and cultural
attractions, this is coastal living at its finest. Don't miss this
opportunity to own a turn-key property in one of Naples' most
prestigious and amenity-rich communities.
Unit Size
1,521 Ft²
Days on Market
36 days
Land Size
-
Price per sqft
$523
Property Type
Condo
Property Taxes
$657
HOA Dues
$2,739
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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