$369,000
●
Condo -
Off Market
9113 Michael Circle #9
Naples, FL 34113
2 Beds
2 Baths
1,400 Ft²
$2,103
Est. Monthly
8.50%
Cap Rate
About This Property
** BEAUTIFUL 2 Bed/2 Bath CONDO ** LELY RESORT
This beautiful 2 Bedrooms,2 Bath condominium, and 1 car detached garage, features an open floor plan with a large living/dining area, generous kitchen, and breakfast bar. Wonderful Golf course & Lake view from the private screened lanai. The large community pool just steps away. Lely club offers 3 swimming pools, 13 tennis courts, a restaurant, a tiki bar, and much more.Just a short drive to downtown Naples and to both Naples & Marco Island beaches.
This beautiful 2 Bedrooms,2 Bath condominium, and 1 car detached garage, features an open floor plan with a large living/dining area, generous kitchen, and breakfast bar. Wonderful Golf course & Lake view from the private screened lanai. The large community pool just steps away. Lely club offers 3 swimming pools, 13 tennis courts, a restaurant, a tiki bar, and much more.Just a short drive to downtown Naples and to both Naples & Marco Island beaches.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$264
Property Type
Condo
Property Taxes
$290
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 8 months ago ( #225026951)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2026 | Listed by Premier Property Management | $349,900 | |
| Listed by Premier Property Management | |||
   | |||
|
** BEAUTIFUL 2 Bed/2 Bath CONDO ** LELY RESORT This beautiful 2 Bedrooms,2 Bath condominium, and 1 car detached garage, features an open floor plan with a large living/dining area, generous kitchen, and breakfast bar. Wonderful Golf course & Lake view from the private screened lanai. The large community pool just steps away. Lely club offers 3 swimming pools, 13 tennis courts, a restaurant, a tiki bar, and much more.Just a short drive to downtown Naples and to both Naples & Marco Island beaches.
| |||
| Mar 12, 2026 | No longer available | - | |
| No longer available | |||
| Jul 1, 2025 | Price Decreased |
$369,000
↓ $11K
(2.9%) | |
| Price Decreased | |||
| May 25, 2025 | Price Decreased |
$380,000
↓ $30K
(7.3%) | |
| Price Decreased | |||
| Mar 12, 2025 | Listed by Premier Property Management | $409,900 | |
| Listed by Premier Property Management | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Eat-in Kitchen, High Ceilings, Other, Pantry, Walk-In Closet(s), LivingDiningRoom, ShowerOnly, SeparateShower, CableTv, SplitBedrooms
Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Laundry Features: Inside
Exterior Details
Has Property Attached
Square Footage: 1400
Square Footage Source: $0
Security Features: Fire Sprinkler System, Smoke Detector(s)
Property Condition: Resale
Architectural Style: See Remarks, CoachCarriage, LowRise
Year Built: 2005
Waterfront Features: None
Building Area Total: 1400
Window Features: Other
Construction Materials: Block, Other, Concrete
Patio and Porch Features: Deck
Pool Features: Community
Lot Features: Cul-De-Sac
Lot Size Units: Acres
Tax Lot: 709
Water Source: Public
Financial Details
Tax Annual Amount: $3,482
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Pest Control, Trash, Water, AssociationManagement, RoadMaintenance, StreetLights
HOA/Condo/Coop Amenities: Cabana, Clubhouse, Dog Park, Golf Course, Pool, Trail(s), BikeStorage, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/07/2026
|
2 Bed
|
2 Bath
|
1450 ft²
|
$359,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Michelle Thomas
Premier Sotheby's International Realty
| |
|
01/03/2026
|
2 Bed
|
2 Bath
|
1247 ft²
|
$369,000
2 Bed
2 Bath
1247 ft²
|
-
-
|
Vivian Aponte Blane PA
The Keyes Company
| |
|
09/05/2025
|
2 Bed
|
2 Bath
|
1450 ft²
|
$379,000
2 Bed
2 Bath
1450 ft²
|
$379,000
02/25/2026
|
Dina Covato
Coastal Intl Properties LLC
| |
|
03/12/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$409,900
2 Bed
2 Bath
1400 ft²
|
-
-
|
Andrea Clark
Premier Property Management
| |
|
01/08/2025
|
2 Bed
|
2 Bath
|
1450 ft²
|
$415,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Yasmin Saad, PA
Compass Florida LLC
| |
|
04/05/2024
|
2 Bed
|
2 Bath
|
1450 ft²
|
$439,900
2 Bed
2 Bath
1450 ft²
|
-
-
|
Mark Waks
MarcoIslandRealEstate.com
| |
|
01/20/2024
|
2 Bed
|
2 Bath
|
1450 ft²
|
$439,900
2 Bed
2 Bath
1450 ft²
|
-
-
|
Kevin W Small, PA
Downing Frye Realty Inc.
| |
|
01/16/2024
|
2 Bed
|
2 Bath
|
1247 ft²
|
$459,000
2 Bed
2 Bath
1247 ft²
|
-
-
|
Patti Ferguson
William Raveis Real Estate
| |
|
03/10/2023
|
2 Bed
|
2 Bath
|
1247 ft²
|
$475,000
2 Bed
2 Bath
1247 ft²
|
-
-
|
Patti Ferguson
William Raveis Real Estate
| |
|
08/31/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Building Info
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