850 CENTRAL AVE #310
About This Property
The manager has listed the unit size as 1663 square feet.
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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%.
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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 |
|---|---|---|---|
| May 4, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | Price Decreased |
$1,550,000
↓ $45K
(2.8%) | |
| Price Decreased | |||
| Mar 16, 2021 | Listed | $1,595,000 | |
| Listed | |||
| Dec 7, 2019 | No longer available | - | |
| No longer available | |||
| Nov 9, 2018 | Listed | $1,350,000 | |
| Listed | |||
| | |||
|
GROUND BROKEN and construction has begun! Scheduled for occupancy Season of 2021. Schedule a time to visit our Sales Center to choose your unit and high-end interior finish options. 850 Central is an exclusive boutique condominium residence with 22 units. Floor plans consist of 2 bedroom, 2 bedroom + den and 3 bedroom units on the pool deck level or penthouse floor. Units range from 1,357 to 1,663 SF plus additional lanai space. Located on the corner of the New 8th Street corridor and Central Avenue, you can walk to the beach, shops and restaurants of 5th Avenue South and Downtown Olde Naples. MHK Architects have created stylish and sophisticated condos featuring clean lines, open floor plans, 10 foot ceilings, spacious terraces and light filled spaces unlike any other new construction in Olde Naples. Two separate common areas include pool with individual cabanas as well as an outdoor patio with grills and seating. Common areas designed by Jen Zella of CID Design Group and constructed by Connor and Gaskins. The manager has listed the unit size as 1663 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
03/01/2026
|
2 Bed
|
2 Bath
|
1482 ft²
|
$1,700,000
2 Bed
2 Bath
1482 ft²
|
$1,500,000
-11.76%
05/14/2026
|
Celine Wells
Douglas Elliman Florida, LLC
| |
|
09/05/2025
|
2 Bed
|
2 Bath
|
1401 ft²
|
$1,795,000
2 Bed
2 Bath
1401 ft²
|
-
-
|
Kaleena Figaro, PA
Compass Florida LLC
| |
|
01/30/2026
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,550,000
2 Bed
2 Bath
1357 ft²
|
$1,325,000
-14.52%
03/04/2026
|
Maggie Ives
Premier Sotheby's Int'l Realty
| |
|
10/20/2025
|
2 Bed
|
2 Bath
|
1577 ft²
|
$1,970,000
2 Bed
2 Bath
1577 ft²
|
$1,850,000
-6.09%
04/10/2026
|
Cameron Murray, PA
WeichertRealtors-ParadiseHomes
| |
|
07/18/2025
|
3 Bed
|
3 Bath
|
1638 ft²
|
$2,000,000
3 Bed
3 Bath
1638 ft²
|
$1,600,000
-20.00%
10/20/2025
|
Emily Bua
John R Wood Properties
| |
|
01/23/2025
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,770,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
Shannon May
Compass Florida LLC
| |
|
01/09/2025
|
2 Bed
|
2 Bath
|
1209 ft²
|
$1,725,000
2 Bed
2 Bath
1209 ft²
|
-
-
|
Brenda Atkinson
Premiere Plus Realty Company
| |
|
10/16/2024
|
3 Bed
|
3 Bath
|
1638 ft²
|
$2,399,000
3 Bed
3 Bath
1638 ft²
|
-
-
|
John Paul Prebish
William Raveis Real Estate
| |
|
02/15/2024
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,899,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
Shannon May
Compass Florida LLC
| |
|
01/29/2024
|
3 Bed
|
3 Bath
|
1649 ft²
|
$2,595,000
3 Bed
3 Bath
1649 ft²
|
-
-
|
Ashley F Baird
Coldwell Banker Realty
| |
|
10/18/2023
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,849,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
Sheryl Paparella
James H Hayes Realty Inc
| |
|
09/12/2023
|
3 Bed
|
3 Bath
|
1638 ft²
|
$2,550,000
3 Bed
3 Bath
1638 ft²
|
-
-
|
John Paul Prebish, PA
William Raveis Real Estate
| |
|
03/23/2023
|
3 Bed
|
3 Bath
|
1649 ft²
|
$2,650,000
3 Bed
3 Bath
1649 ft²
|
-
-
|
Ardel Vincent McKenna
Coldwell Banker Realty
| |
|
03/16/2023
|
2 Bed
|
2 Bath
|
1209 ft²
|
$1,625,000
2 Bed
2 Bath
1209 ft²
|
-
-
|
Jocelyn Alyssa Lujen
Coldwell Banker Realty
| |
|
02/22/2023
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,910,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
Shannon D May
Compass Florida LLC
| |
|
10/20/2022
|
2 Bed
|
2 Bath
|
1209 ft²
|
$1,845,000
2 Bed
2 Bath
1209 ft²
|
-
-
|
Chip Youmans
Downing Frye Realty Inc.
| |
|
06/22/2022
|
3 Bed
|
3 Bath
|
1649 ft²
|
$2,300,000
3 Bed
3 Bath
1649 ft²
|
-
-
|
Ron Coburn
Compass Florida LLC
| |
|
03/16/2022
|
3 Bed
|
3 Bath
|
1663 ft²
|
$2,245,000
3 Bed
3 Bath
1663 ft²
|
-
-
|
Chip Youmans
Downing Frye Realty Inc.
| |
|
02/10/2022
|
2 Bed
|
2 Bath
|
1482 ft²
|
$1,650,000
2 Bed
2 Bath
1482 ft²
|
-
-
|
Ardel Vincent McKenna
Coldwell Banker Realty
| |
|
08/16/2021
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,500,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
Shannon D May
Compass Florida LLC
| |
|
05/10/2021
|
3 Bed
|
3 Bath
|
1649 ft²
|
$1,750,000
3 Bed
3 Bath
1649 ft²
|
-
-
|
Ardel Vincent McKenna
Coldwell Banker Realty
| |
|
03/16/2021
|
3 Bed
|
3 Bath
|
1663 ft²
|
$1,595,000
3 Bed
3 Bath
1663 ft²
|
-
-
|
-
| |
|
01/02/2021
|
2 Bed
|
2 Bath
|
1357 ft²
|
$999,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
-
| |
|
01/02/2021
|
2 Bed
|
2 Bath
|
1482 ft²
|
$1,050,000
2 Bed
2 Bath
1482 ft²
|
-
-
|
-
| |
|
01/02/2021
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,050,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
-
| |
|
08/07/2020
|
2 Bed
|
2 Bath
|
1357 ft²
|
$990,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
Dawn J McKenna
Coldwell Banker Realty
| |
|
06/09/2020
|
2 Bed
|
2 Bath
|
1577 ft²
|
$1,250,000
2 Bed
2 Bath
1577 ft²
|
-
-
|
-
| |
|
12/05/2019
|
2 Bed
|
2 Bath
|
1357 ft²
|
$990,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
-
| |
|
12/05/2019
|
3 Bed
|
3 Bath
|
1663 ft²
|
$1,100,000
3 Bed
3 Bath
1663 ft²
|
-
-
|
-
| |
|
12/04/2019
|
2 Bed
|
2 Bath
|
1482 ft²
|
$999,000
2 Bed
2 Bath
1482 ft²
|
-
-
|
-
| |
|
03/01/2019
|
2 Bed
|
2 Bath
|
1577 ft²
|
$1,190,000
2 Bed
2 Bath
1577 ft²
|
-
-
|
-
| |
|
02/13/2019
|
2 Bed
|
2 Bath
|
1209 ft²
|
$849,000
2 Bed
2 Bath
1209 ft²
|
-
-
|
-
| |
|
02/12/2019
|
2 Bed
|
2 Bath
|
1482 ft²
|
$949,000
2 Bed
2 Bath
1482 ft²
|
-
-
|
-
| |
|
11/09/2018
|
3 Bed
|
3 Bath
|
1663 ft²
|
$1,350,000
3 Bed
3 Bath
1663 ft²
|
-
-
|
-
| |
|
11/09/2018
|
2 Bed
|
2 Bath
|
1357 ft²
|
$1,090,000
2 Bed
2 Bath
1357 ft²
|
-
-
|
-
| |
|
11/08/2018
|
2 Bed
|
2 Bath
|
1482 ft²
|
$1,199,000
2 Bed
2 Bath
1482 ft²
|
-
-
|
-
| |
|
05/29/2018
| |
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017