$320,000
●
Condo -
Off Market
7975 Preserve Circle #1021
Naples, FL 34119
3 Beds
2 Baths
1,500 Ft²
$2,294
Est. Monthly
$445
HOA / Fees
16.31%
Cap Rate
About This Property
Here is your opportunity to live in the desirable and gated North
Naples community of Fairway Preserve. This 2nd floor, 3-bedroom,
2-bathroom condo features a spacious and smart floor plan. The
condo also includes a deeded carport and parking space. Enjoy a
fresh, light, and bright condo with plenty of room. Freshly painted
with a neutral color palette, this home is move-in ready! The
kitchen features a wet island, with new sleek quartz counters, and
stainless steel appliances. Carpet-free living. The condo has
luxury vinyl flooring and ceramic tile throughout the home.
Bedrooms are generously sized and feature large closets. The
laundry room is oversized and has room for extra storage. The condo
also features a screened-in lanai. Fairway Preserve is a gated
community located just off Immokalee Road. Residents will have
access to many community amenities. A full clubhouse, with a
resort-style pool, exercise room, and even an indoor racquetball
court. Shopping, dining, I-75, SWFL International Airport, and
Naples beaches are located just a short drive away.
Unit Size
1,500 Ft²
Days on Market
65 days
Land Size
-
Price per sqft
$223
Property Type
Condo
Property Taxes
$205
HOA Dues
$445
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: 3 years ago (SWFLMLS #224064990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Price Decreased |
$334,900
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Aug 13, 2024 | Listed by Current Property Management | $349,900 | |
| Listed by Current Property Management | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Covered, Deeded, Guest, Paved, Two Spaces, Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built In Features, Bathtub, Dual Sinks, Kitchen Island, Living Dining Room, Pantry, Separate Shower, Cable Tv, Bar, Walk In Closets, High Speed Internet, Split Bedrooms
Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Living Area Square Feet Source: Appraiser
Laundry Features: Inside
Exterior Details
Road Frontage Type: PrivateRoad
Property Condition: Resale
Year Built: 2001
Waterfront Features: None
Home Type: Residential
Architectural Style: Florida, Low Rise
Roof: Metal, Tile
Window Features: Single Hung, Sliding, Window Coverings
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
ZeroLotLine, SprinklersAutomatic
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $2,454
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available, Underground Utilities
Location Details
Association Fee Includes: AssociationManagement, Insurance, Internet, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, Trash
Association Amenities: Bocce Court, Cabana, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Racquetball, Spa Hot Tub, Sidewalks, Vehicle Wash Area
Association Fee3: $1,335
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 |
|---|---|---|---|---|---|---|---|
|
03/20/2026
|
3 Bed
|
2 Bath
|
1500 ft²
|
$354,900
3 Bed
2 Bath
1500 ft²
|
-
-
|
Steve Gitkos
Naples Realty Services, Inc.
| |
|
11/13/2024
|
1 Bed
|
1 Bath
|
900 ft²
|
$239,999
1 Bed
1 Bath
900 ft²
|
$215,000
-10.42%
02/12/2025
|
Matthew Steves
Keller Williams Realty Naples
| |
|
08/13/2024
|
3 Bed
|
2 Bath
|
1500 ft²
|
$349,900
3 Bed
2 Bath
1500 ft²
|
$320,000
-8.55%
10/17/2024
|
Josh Yelensky
Current Property Management
| |
|
06/07/2024
|
1 Bed
|
1 Bath
|
895 ft²
|
$189,000
1 Bed
1 Bath
895 ft²
|
$179,000
-5.29%
07/29/2024
|
Matthew Liguori
DomainRealty.com LLC
| |
|
08/18/2023
|
1 Bed
|
1 Bath
|
900 ft²
|
$249,900
1 Bed
1 Bath
900 ft²
|
-
-
|
Matthew Steves
Keller Williams Realty Naples
| |
|
10/27/2022
|
3 Bed
|
2 Bath
|
1500 ft²
|
$349,000
3 Bed
2 Bath
1500 ft²
|
-
-
|
Matthew Oliver Steves
Keller Williams Realty Naples
| |
|
06/24/2022
|
1 Bed
|
1 Bath
|
895 ft²
|
$225,000
1 Bed
1 Bath
895 ft²
|
$220,000
-2.22%
09/07/2022
|
Matthew Liguori, PA
DomainRealty.com LLC
| |
|
04/09/2022
|
3 Bed
|
2 Bath
|
1500 ft²
|
$389,000
3 Bed
2 Bath
1500 ft²
|
-
-
|
Jane Czarnecki
Sellstate Prime Realty
| |
|
01/13/2022
|
3 Bed
|
2 Bath
|
1500 ft²
|
$292,500
3 Bed
2 Bath
1500 ft²
|
-
-
|
Christopher A Braun
William Raveis Real Estate
| |
|
08/22/2018
|
3 Bed
|
2 Bath
|
1500 ft²
|
-
3 Bed
2 Bath
1500 ft²
|
-
-
|
-
| |
|
05/22/2018
|
1 Bed
|
1 Bath
|
845 ft²
|
-
1 Bed
1 Bath
845 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
1 Bed
|
1 Bath
|
845 ft²
|
-
1 Bed
1 Bath
845 ft²
|
-
-
|
-
|
Building Info
7975 Preserve Circle
7975 Preserve Circle, Naples, FL 34119
- 1 Unit for Sale
About Urban Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 2 Baths
- 2,028 ft²
$9,000 /mo
- 3 Beds
- 2 Baths
- 2,297 ft²
Listed by: Josh Yelensky, Current Property Management
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224064990
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224064990
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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