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Map
9035 Michael Circle #3
About This Property
2-bathroom residence. Located on the second floor for enhanced privacy
and vaulted perspectives, this home is being offered turnkey, making it a
seamless transition for a primary residence, vacation getaway, or high-end
rental. Enjoy peace of mind with significant mechanical updates completed
within the last four years, including a newer AC system, tankless hot water
heater, air purification system, garage door, and high-end kitchen
appliances. The open great room concept creates a seamless flow through
the main living spaces, which features durable tile flooring. The kitchen is a
chef's delight, offering expansive counter space for meal prep, a built-in
wine rack, and a layout that opens directly to the dining and family rooms
for effortless entertaining. The master suite serves as a true retreat,
complete with two walk-in closets and an en-suite bath featuring double
sinks and a custom tiled shower. For visitors, the guest bedroom provides a
comfortable and private retreat with its own dedicated bath. Both bedrooms
are finished with plush carpeting to provide a cozy, quiet atmosphere.
Relax on your private lanai and take in the gorgeous views of the lake and
golf course. Situated in the heart of Lely Resort, this home puts you
minutes away from everything Naples has to offer. Residents have access
to three championship golf courses and the prestigious Players Club and
Spa, yet you retain ultimate flexibility as membership is NOT mandatory.
This is a rare opportunity to enjoy a move-in-ready lifestyle in one of
Florida's most iconic resort communities. Start living and loving the Lely
Lifestyle today!
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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 |
|---|---|---|---|
| May 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 7, 2026 | Listed by Century 21 AllPoints Realty | $419,900 | |
| Listed by Century 21 AllPoints Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2026
|
2 Bed
|
2 Bath
|
1247 ft²
|
$419,900
2 Bed
2 Bath
1247 ft²
|
-
-
|
Tony Williams, jr
ALIGN RIGHT REALTY CARROLLWOOD
| |
|
12/10/2025
|
2 Bed
|
2 Bath
|
1450 ft²
|
$449,000
2 Bed
2 Bath
1450 ft²
|
$415,000
-7.57%
03/18/2026
|
Chris Farrugia
Premiere Plus Realty Co.
| |
|
01/09/2025
|
2 Bed
|
2 Bath
|
1450 ft²
|
$400,000
2 Bed
2 Bath
1450 ft²
|
$310,000
-22.50%
11/06/2025
|
Chris Farrugia
Premiere Plus Realty Co.
| |
|
02/09/2023
|
2 Bed
|
2 Bath
|
1247 ft²
|
$445,000
2 Bed
2 Bath
1247 ft²
|
-
-
|
Chrissy Burghart Forst
Exp Realty LLC
| |
|
01/26/2009
|
2 Bed
|
2 Bath
|
1247 ft²
|
$210,500
2 Bed
2 Bath
1247 ft²
|
-
-
|
Karen Bothwell
BERKSHIRE HATHAWAY FL REALTY
|
Building Info
About South Naples
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Phone: 425-283-2930
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