$215,000
●
Condo -
Off Market
975 Palm View Drive #A304
Naples, FL 34110
2 Beds
2 Baths
1,350 Ft²
$3,453
Est. Monthly
$2,052
HOA / Fees
3.28%
Cap Rate
About This Property
A wonderful opportunity to own a piece of paradise in Naples!
Priced to Sell!! This lovely 2 bedroom, 2 bath Wedgmont condo
offers the perfect residence or getaway retreat. Both bedrooms
offer expansive space and the bathrooms are beautifully appointed.
Lanai area offers glass sliding doors to include this additional
150' area into air-conditioned living area, or can be separated for
enjoying the cool breezes. Enjoy ultimate security and
privacy with intercom system at front door, interior hallways and
only 5 units per floor. Private 7'x12' storage room located
of residential floor. The building has recently received a new roof
and the interior hallways have been updated with new carpeting. The
prime location is situated near Naples beaches, Mercato Shopping,
NCH hospital, I-75, and A-rated schools. This move-in ready home is
a rare find!
Unit Size
1,350 Ft²
Days on Market
270 days
Land Size
-
Price per sqft
$184
Property Type
Condo
Property Taxes
$178
HOA Dues
$2,052
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: 2 years ago (SWFLMLS #224063663)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Price Decreased |
$249,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Feb 1, 2025 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Nov 28, 2024 | Price Decreased |
$269,000
↓ $40K
(12.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Assigned, Guest, Paved, One Space
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Built In Features, Dual Sinks, Living Dining Room, Pantry, Shower Only, Separate Shower, Split Bedrooms
Appliances: Dryer, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Appraiser
Laundry Features: Inside
Exterior Details
Property Condition: Resale
Year Built: 1975
Waterfront Features: None
Home Type: Residential
Architectural Style: Traditional, Low Rise
Roof: BuiltUp, Flat
Window Features: Single Hung
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
RectangularLot
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $2,136
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Utilities: Cable Available
Location Details
Association Fee Includes: MaintenanceGrounds, PestControl, RecreationFacilities, Sewer, Trash, Water
Association Amenities: Pool
Association Fee: $2,052
Association Fee Frequency: Quarterly
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 |
|---|---|---|---|---|---|---|---|
|
01/18/2026
|
2 Bed
|
2 Bath
|
1350 ft²
|
$249,850
2 Bed
2 Bath
1350 ft²
|
$220,000
-11.95%
05/06/2026
|
Jo Jo Nash
Naples Luxury Real Estate Grou
| |
|
07/30/2024
|
2 Bed
|
2 Bath
|
1350 ft²
|
$309,000
2 Bed
2 Bath
1350 ft²
|
$215,000
-30.42%
04/30/2025
|
Gina Fischer
Coldwell Banker Realty
| |
|
02/05/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$300,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
Wendi L Darragh, PA
Premiere Plus Realty Co.
| |
|
12/26/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$145,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
| |
|
03/31/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$179,900
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
| |
|
05/30/2018
|
2 Bed
|
2 Bath
|
1500 ft²
|
-
2 Bed
2 Bath
1500 ft²
|
-
-
|
-
| |
|
04/05/2018
|
2 Bed
|
2 Bath
|
1350 ft²
|
-
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
| |
|
11/05/2017
|
2 Bed
|
2 Bath
|
1500 ft²
|
$167,500
2 Bed
2 Bath
1500 ft²
|
$157,500
-5.97%
11/05/2018
|
Alec M Emery
|
Building Info
About North Naples
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Listed by: Gina Fischer, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224063663
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224063663
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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