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8405 Excalibur Circle #D9
About This Property
Life in Pelican Bay is truly extraordinary. Residents enjoy exclusive access to nearly three miles of pristine private Gulf beaches, complete with tram service through scenic mangrove preserves, beachfront dining, chair and umbrella service, fitness classes, and two private beach clubs, including Marker 36 restaurant. The community also features an exceptional wellness center, an active social calendar, state-of-the-art fitness facilities, and extensive racquet amenities with tennis and pickleball programs for players of every level. Golf Membership opportunities available at Pelican Bay Golf Club, boasting 27 holes of Arthur Hills designed championship golf!
Beyond the gates, you are moments from the very best of North Naples. Indulge in upscale shopping and dining at Waterside Shops and Mercato, home to luxury boutiques, fine restaurants, entertainment, and vibrant nightlife. Enjoy local favorites like The Turtle Club, La Playa, and world-renown Ritz-Carlton for beachfront dining or explore the countless culinary destinations that make Naples one of Florida's premier food scenes.
Whether your ideal day includes a morning workout, a friendly pickleball match, lunch overlooking the Gulf, or an evening stroll through world-class shopping and dining, this unit delivers a lifestyle that feels like a permanent vacation. This is more than a home-it is your invitation to experience the very best of Pelican Bay and coastal Naples.... Capture the Naples Lifestyle!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Relisted | $900,000 | |
| Relisted | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Listed by Downing Frye Realty Inc. | $900,000 | |
| Listed by Downing Frye Realty Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/02/2023
|
2 Bed
|
2 Bath
|
1375 ft²
|
$799,000
2 Bed
2 Bath
1375 ft²
|
$750,000
-6.13%
09/28/2023
|
Darlene Casey
William Raveis Real Estate
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017