$595,000
●
Condo -
Off Market
7228 Cayo Coco Lane
Naples, FL 34113
2 Beds
2 Baths
1,205 Ft²
$4,421
Est. Monthly
$1,427
HOA / Fees
2.87%
Cap Rate
About This Property
The Marco floorplan spans 1,200 square feet of living space with
two split bedrooms, two full baths and a two-car garage. Light and
bright features combine with comfort and elegant furnishings for
the ideal sense of relaxation. Upgrades include a screened-in front
porch, recess lighting, tile throughout, vaulted ceiling, pendant
lights over the large island, stainless steel appliances, under
cabinet LED lighting throughout the kitchen, a pocket door in the
primary bedroom, a show ledge and linen cabinet in the primary bath
and a utility sink in the laundry room. In a quiet serene setting
in the Cottage section of Isles of Collier, you will enjoy fabulous
sunsets from the western exposure lanai. The community offers
plenty of amenities, including an on-site restaurant Overlook Bar &
Grille, a large community pool, lap pool, fitness center,
pickleball courts, tennis courts, bocce courts, a dog park, and
endless nature trails for recreation and biking. It is conveniently
within 15 minutes of Naples famous 5th Avenue and Marco Island. A
short drive and you can enjoy a relaxing day on the beach or on the
golf course.
Unit Size
1,205 Ft²
Days on Market
164 days
Land Size
-
Price per sqft
$498
Property Type
Condo
Property Taxes
$47
HOA Dues
$1,427
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 #224098336)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Price Decreased |
$600,000
↓ $80K
(11.8%) | |
| Price Decreased | |||
| Dec 9, 2024 | Listed by Premier Sotheby's Int'l Realty | $679,900 | |
| Listed by Premier Sotheby's Int'l Realty | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Attached, Garage, One Space, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Covered Spaces: 2
Has Attached Garage: Yes
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built In Features, Closet Cabinetry, Dual Sinks, Kitchen Island, Living Dining Room, Pantry, Shower Only, Separate Shower, Cable Tv, Vaulted Ceilings, Walk In Closets, Window Treatments, High Speed Internet, Split Bedrooms
Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile
Living Area Square Feet Source: Builder
Laundry Features: Inside, Laundry Tub
Exterior Details
Property Condition: Resale
Year Built: 2023
Waterfront Features: None
Home Type: Residential
Architectural Style: Florida, Ranch, One Story
Roof: Tile
Window Features: Impact Glass, Window Coverings
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
ZeroLotLine, SprinklersAutomatic
Lot Size Source: Builder
Financial Details
Tax Year: 2023
Tax Annual Amount: $570
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available, Underground Utilities
Location Details
Association Fee Includes: AssociationManagement, IrrigationWater, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, StreetLights, Security
Association Amenities: Bocce Court, Clubhouse, Dog Park, Fitness Center, Pier, Pickleball, Pool, Restaurant, Sauna, Spa Hot Tub, Sidewalks, Tennis Courts, Trails
Association Fee: $1,427
Association Fee 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 |
|---|---|---|---|---|---|---|---|
|
12/09/2024
| |
2 Bed
|
2 Bath
|
1205 ft²
|
$679,900
2 Bed
2 Bath
1205 ft²
|
$595,000
-12.49%
05/22/2025
|
Sherry Irvin
Premier Sotheby's Int'l Realty
|
Building Info
About East Naples
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Listed by: Sherry Irvin, PA, Premier Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224098336
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224098336
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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