8165 CELESTE Drive #2227
About This Property
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | No longer available | - | |
| No longer available | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by Compass | $479,900 | |
| Listed by Compass | |||
| | |||
|
Welcome to your stunning retreat at Flamingo Fairways in Lely Resort! This exquisite 2-bedroom, 2-bath + den second-floor unit boasts breathtaking views of the lush golf course and serene surroundings. Step inside and be greeted by the grandeur of cathedral ceilings, creating an airy and spacious ambiance throughout. The open-concept layout seamlessly connects the living, dining, and kitchen areas, perfect for entertaining and relaxation. Indulge in the ultimate outdoor living experience on the lanai, overlooking the Flamingo Golf Course, complete with an outdoor kitchen. Whether sipping your morning coffee or hosting al fresco dinners, this space is sure to become your favorite spot to unwind and enjoy the picturesque scenery. Residents of Flamingo Fairways are treated to the luxury of a community pool, offering a refreshing oasis to bask in the Florida sunshine and socialize with neighbors. Nestled within the sought-after Lely Resort, residents are close to shopping, dining, championship golf courses, and the vibrant lifestyle that Naples has to offer. Don't miss the opportunity to make this exceptional property your own and experience the epitome of Florida living at Flamingo Fairways in Lely Resort and Come Live the Lely Life! The manager has listed the unit size as 1476 square feet.
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| Nov 16, 2007 | Listed by Berkshire Hathaway Florida | $299,900 | |
| Listed by Berkshire Hathaway Florida | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2026
|
3 Bed
|
2 Bath
|
1640 ft²
|
$410,000
3 Bed
2 Bath
1640 ft²
|
$380,000
-7.32%
06/18/2026
|
Terri Pascarelli
Realty One Group MVP
| |
|
03/06/2024
|
2 Bed
|
2 Bath
|
1476 ft²
|
$479,900
2 Bed
2 Bath
1476 ft²
|
-
-
|
Tony Cologero, Jr
Premiere Plus Realty Co.
| |
|
05/23/2011
|
3 Bed
|
2 Bath
|
1635 ft²
|
$235,000
3 Bed
2 Bath
1635 ft²
|
$208,000
-11.49%
05/25/2012
|
Jone Miller
Downing Frye Realty Inc.
| |
|
11/16/2007
|
2 Bed
|
2 Bath
|
1476 ft²
|
$299,900
2 Bed
2 Bath
1476 ft²
|
-
-
|
Anthony Aliberti PA
Compass Florida LLC
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017