Discover Willow Brook at Pelican Bay, a lakeside sanctuary in a
beachfront community with world-class amenities. Now available, an
opportunity to own a spacious two bedroom, lakeview condo Willow
Brook, where residents enjoy comfortable floor plans, a fantastic
pool and deck, and inspiring subtropical landscaping along
pathways. If your family includes one or two large dogs, they're
welcome here! This unit features updated impact resistant
windows, a newer A/C and water heater, and has just been
freshly painted "Greek Villa" throughout. Kitchen updates include
Corian countertops, white raised panel cabinetry, and an updated
lighting cove with crown moulding. The lanai lanai is glassed-in
with screens, while the the original interior sliders remain,
providing seamless options for indoor/outdoor living. Second floor
placement is enhanced by soaring vaulted ceilings in the main
living area, creating an expansive and airy feel, all at a price
that allows you to make this home your own. As a resident of
Pelican Bay, you are not just buying a home; you are gaining access
to a world-class array of amenities and services. The community
boasts nearly three miles of pristine, private white-sand beaches,
accessible via a convenient tram system. At the beach, you'll find
attentive year-round indoor/outdoor beachfront dining at two
exclusive restaurants (Marker 36 and Sandbar), beach attendants to
set up chairs and umbrellas, and opportunities for sailing,
kayaking, and canoeing. The active lifestyle is celebrated here.
Pelican Bay features a state-of-the-art fitness center with a
variety of group exercise programs, as well as a vibrant tennis
community with 18 Har-Tru courts. For those who love the outdoors,
miles of walking and biking trails wind through lush landscaping
and mangrove preserves.The new pickleball and tennis facility at
the north end of the community is nearing completion. This
significant project, developed in partnership with Collier County,
will deliver 20 pickleball courts and eight Har-Tru clay tennis
courts. With an expected opening in October of 2025, this new
complex will feature a pavilion with restrooms and concessions,
further cementing Pelican Bay's status as a premier destination for
active living. The location of this condo is second to none,
placing you a short walk or drive from some of Naples' most
celebrated destinations: Artis-Naples and The Baker Museum - the
premier destination for visual and performing arts in Southwest
Florida, and a distinguished collection of modern and contemporary
art with a variety of traveling exhibitions and educational
opportunities, Waterside Shops - upscale, open-air mall featuring
an impressive collection of luxury retailers, including Saks Fifth
Avenue, Mercato - shops, restaurants, and entertainment, and The
Ritz-Carlton, Naples.
Unit Size
1,582 Ft²
Days on Market
185 days
Land Size
-
Price per sqft
$379
Property Type
Condo
Property Taxes
$612
HOA Dues
$275
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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