788 Willowbrook DR #502
About This Property
The manager has listed the unit size as 1671 square feet.
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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.
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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 29, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed | $675,000 | |
| Listed | |||
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Beautifully updated and impeccably maintained, this move-in-ready condo offers the perfect combination of elegance, comfort, and the exceptional Pelican Bay lifestyle. The open-concept kitchen has been thoughtfully redesigned and features stunning quartz countertops, eye-catching backsplash, and quality finishes that make entertaining effortless. Gorgeous tile flooring extends throughout the home, complemented by crown molding, high baseboards, updated closet and interior doors, newer windows, and updated ceiling fans. The dining area showcases a custom built-in buffet, adding both style and functionality. The spacious primary suite features an updated bath with a separate soaking tub and walk-in shower, while the guest bath has also been tastefully renovated including a walk-in shower. The tropically landscaped lanai is seamlessly integrated into the interior by removing the step down and installing impact-resistant sliding glass doors with screens which creates a year-round living space. Additionally, a covered carport is conveniently located just outside your door. Willow Brook residents enjoy an active community with a full calendar of social events, along with all the exceptional amenities of Pelican Bay including tennis, pickleball, and fitness center. The nearby community tram takes you to the private beach, where you'll enjoy exclusive access, coastal dining, and the unparalleled lifestyle that makes Pelican Bay one of Naples' most desirable communities.
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| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 1, 2026 | Price Decreased |
$685,000
↓ $14K
(2%) | |
| Price Decreased | |||
| Oct 10, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
|
This beautifully updated corner condominium, a great layout with 1,671 S.F. features two bedrooms, each with its own ensuite bath, situated on opposite sides of the expansive living area for maximum privacy. The living room flows seamlessly into the sunny lanai to enjoy the beauty of the tropical Naples foliage. The lanai is a serene space with impact-resistant sliding glass doors on both sides and screens to enjoy fresh air when temperatures are mild. The updated kitchen with contemporary cabinetry, sleek quartz countertops, a farmhouse sink and high-quality GE appliances, makes it easy to prepare something special for guests. Just off the kitchen, the dining area fits a table for 8 and a newly added custom buffet cabinet for additional storage. The oversized primary bedroom suite is a sanctuary, featuring a large walk-in closet, an updated bathroom with dual sinks, newer countertops a luxurious soaking tub and glass enclosed shower. The guest bedroom allows for two full-size beds or a king, also includes two large closets an updated bath with glass shower, dual sinks and newer quartz countertops. Also in the home, a full size washer dryer. The ample storage options include a large indoor storage closet near the front door for all your sports gear, luggage and holiday decor. In addition, residents enjoy a refreshing swim in the sparkling lakeside pool at Willow Brook. This is a pet-friendly community, allowing two pets per condominium with no weight restrictions, owners will keep their pets on a leash while walking around the community. Willow Brook has one of the lowest HOA fees in Pelican Bay and a strong rental history, with first-floor condos renting for up to $8K/month during peak season. Owners may lease their condo up to 2 times per year, with a minimum 60 days per lease. When you are ready to head out on the town, your covered parking space is just a short distance away, with guest parking also nearby. Every detail of this home has been designed to offer a relaxing space after a day at the private beach, tennis or pickleball courts, kayaking, sailing, jet skiing, games with friends at the community center or shopping. Also available within Pelican Bay are world-class cultural events, well known musicians, the Baker museum with contemporary artists, Naples philharmonic, broadway shows, and interesting lectures.
As a homeowner within Pelican Bay many of these amenities are included in your modest annual fee, such as private beach access overlooking miles of coastline with chair and umbrella service, 2 private beachfront restaurants, 26 tennis courts, a fitness center, kayaks, community room, social activities and 20 new pickleball courts. A vibrant, friendly community which hosts regular social events offering plenty of opportunities to meet your neighbors.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/10/2025
|
2 Bed
|
2 Bath
|
1671 ft²
|
$699,000
2 Bed
2 Bath
1671 ft²
|
-
-
|
Kathleen Conroy
Premier Sotheby's Int'l Realty
| |
|
12/20/2024
|
2 Bed
|
2 Bath
|
1671 ft²
|
$799,000
2 Bed
2 Bath
1671 ft²
|
-
-
|
Kathleen Conroy
Premier Sotheby's Int'l Realty
| |
|
12/14/2024
|
2 Bed
|
2 Bath
|
1582 ft²
|
$675,000
2 Bed
2 Bath
1582 ft²
|
$600,000
-11.11%
07/15/2025
|
Victoria Harrison
Downing Frye Realty Inc.
| |
|
02/17/2024
|
2 Bed
|
2 Bath
|
1582 ft²
|
$680,000
2 Bed
2 Bath
1582 ft²
|
-
-
|
Frank Petras
John R Wood Properties
| |
|
04/16/2019
|
2 Bed
|
2 Bath
|
1671 ft²
|
$525,000
2 Bed
2 Bath
1671 ft²
|
-
-
|
-
| |
|
02/23/2012
|
2 Bed
|
2 Bath
|
1671 ft²
|
$298,000
2 Bed
2 Bath
1671 ft²
|
$298,000
10/18/2012
|
Monica Cameron
John R. Wood Properties
|
Building Info
About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017