OUTSTANDING condo for sale in Naples Florida. Elegant Coastal
Living in Tarpon Cove. Experience effortless Florida living in this
beautifully updated 3 bedroom, 2 bathroom END-UNIT residence,
LAKEFRONT and ideally located on the desirable FIRST FLOOR with no
stairs and a private 2 CAR ATTACHED GARAGE. The open, sophisticated
interior features new wood flooring, an updated kitchen,
beautifully renovated primary and guest baths, plantation shutters,
and a custom dining-area mirror. Recent improvements include a 2022
A/C, 2021 water heater, and 2019 roof. The enclosed all-season
lanai offers serene fountain views and an inviting space to relax
or entertain. Additional highlights include an epoxy-finished
garage floor and utility sink. Enjoy walking access to the white
sugar-sand beach, along with Tarpon Cove's resort-style amenities,
including three pools, hot tub, and organized activities.
Conveniently located near Mercato's premier shopping and dining,
with access to the Tarpon Cove Racquet Club and newly opened
Kinsale golf course nearby. A refined coastal retreat offering
comfort, convenience, and an exceptional Naples lifestyle. THERE
ARE TWO VIRTUAL TOURS YOU CAN CLICK ON FOR MORE INFORMATION
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.
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