43
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851 Manatee Road
About This Property
Unwind in the screened Florida room, the ideal setting to enjoy gentle breezes and embrace the relaxed Florida lifestyle. The home has been thoughtfully refreshed with new paint, tons of closet space, upgraded flooring, and a beautifully updated kitchen featuring modern appliances making it truly move-in ready. A private pool within the community is operated by the Crosscreek Pool and Social Club and is not owned or managed by the Riverwood HOA. Riverwood homeowners may join the pool when openings become available, with a buy in fee and annual dues required for membership.
Enjoy direct access to the water with a private community boat ramp, perfect for launching your boat or kayak and exploring scenic Henderson Creek, with the Gulf of Mexico just a peaceful 20-minute ride away.
Ideally situated near pristine beaches, dining, shopping, and endless recreational opportunities, this well maintained home in Riverwood Estates offers a rare balance of active community living and personal privacy. Optional access to the clubhouse and pool provides even more ways to relax, stay active, and connect with neighbors.
Don't miss this opportunity to own a charming coastal retreat and start enjoying the Naples lifestyle you've been dreaming of.
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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%.
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 |
|---|---|---|---|
| Jul 29, 2026 | Price Decreased |
$200,000
↓ $59K
(22.8%) | |
| Price Decreased | |||
| Mar 23, 2026 | Listed by Premiere Plus Realty Company | $259,000 | |
| Listed by Premiere Plus Realty Company | |||
| May 3, 2025 | No longer available | - | |
| No longer available | |||
| Mar 24, 2025 | Price Decreased |
$300,000
↓ $30K
(9.1%) | |
| Price Decreased | |||
| Jan 18, 2025 | Listed by Coldwell Banker Realty | $330,000 | |
| Listed by Coldwell Banker Realty | |||
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This vibrant 1400+ square foot home in a 55+ community in Naples, Florida, offers a harmonious blend of comfort, convenience, and coastal charm. The open floor plan and abundant windows create a bright and airy atmosphere, seamlessly blending indoor and outdoor living. Relax in the screened Florida room, where you can enjoy the gentle breezes and embrace the Florida lifestyle you've been envisioning. The home has been refreshed with new paint, luxurious flooring, and an updated kitchen with modern appliances, making it move-in ready. Imagine launching your boat or kayak from the private community ramp and exploring the picturesque Henderson Creek, leading to the Gulf of Mexico in about 20 peaceful minutes. Conveniently located near beaches, restaurants, shops, and a variety of activities, this well-maintained home in the Riverwood Estates community offers a balance between community living and personal privacy. You can choose to join the clubhouse and utilize the pool to stay active and connect with your new neighbors. Don't miss the opportunity to make this charming coastal home your own and start living the lifestyle you've been dreaming of.
Embark on your next exciting journey and fulfill your aspirations in the vibrant city of Naples!
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017