8633 Champions Point #803
About This Property
Positioned at the end of a peaceful cul-de-sac within the exclusive gated community of Masters Reserve in Lely Resort, this home offers privacy and tranquility while maintaining easy access to area amenities. The property includes optional membership to the renowned Players Club and Spa.
The location provides remarkable convenience with downtown Fifth Avenue just twelve minutes away, offering upscale dining, shopping, and cultural experiences. Beach lovers will appreciate the fifteen-minute drive to both Marco Island and Naples pristine coastlines, perfect for enjoying Florida's coastal lifestyle.
Daily necessities are easily accessible with nearby Publix Super Market at Freedom Square, while families benefit from proximity to highly-regarded Lely High School. The Donna Fiala Eagle Lakes Community Park provides outdoor recreation opportunities within the neighborhood.
This residence combines the serenity of golf course living with the convenience of suburban amenities. The elevated position offers unobstructed views while the gated community ensures security and exclusivity. Whether entertaining guests on the terrace while watching golfers navigate the course below or enjoying quiet mornings with coffee overlooking the lake, this condominium provides an ideal setting for refined Florida living.
The combination of luxury features, prime location, and resort-style amenities creates an opportunity for discerning buyers seeking both comfort and convenience in one of Naples'most desirable communities.
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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.
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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Listed by Downing Frye Realty Inc. | $749,000 | |
| 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 |
|---|---|---|---|---|---|---|---|
|
12/19/2025
|
3 Bed
|
3 Bath
|
2686 ft²
|
$749,000
3 Bed
3 Bath
2686 ft²
|
$680,000
-9.21%
03/23/2026
|
Rob Lahay
Downing Frye Realty Inc.
| |
|
10/22/2022
|
2 Bed
|
2 Bath
|
2160 ft²
|
$760,000
2 Bed
2 Bath
2160 ft²
|
-
-
|
Kathleen Des Lauries
Waterfront Realty Group Inc
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017