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Sold for $510,000
  • $510,000

    600 Neapolitan WAY #205, NAPLES, FL 34103

    2beds
    864sqft
    Condominium
    Built in 1982
    -- sqft lot
    $384,300 Zestimate®
    $590/sqft
    $4,552 Estimated rent

    Home value

    $384,300

    $342,000 - $427,000

    $4,552/mo

    Zestimate® history
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    What's special

    Heated pool and spaCascading waterfallsDirect lanai accessLush tropical landscapingBbq areasBreathtaking water viewsWell-equipped fitness center
    Discover an exceptional investment opportunity with potential to generate over $90,000/yr in the highly coveted Gulf of America/Park Shore corridor. This beautifully updated second-floor condo at Park Shore Resort offers breathtaking water views and a prime location, making it the perfect vacation retreat or high-performing rental property. With a layout designed for comfort and convenience, the primary suite features direct lanai access, allowing guests to fully immerse themselves in the peaceful surroundings. SEE ATTACHMENTS: While this property is newly acquired and does not have more than 2 months of rental history we have attached the rental history of an identical property recently sold in 2024. Income for 2023 was $143,588 This condo is a standout choice for investors, offering incredible income potential year-round. Peak season from January to April commands premium rental rates, while the summer months attract steady visitors, ensuring consistent returns. Whether used for short-term or long-term rentals, this property is ideally suited to maximize profitability. Guests and owners alike can indulge in resort-style amenities, including a heated pool and spa, on-site dining, BBQ areas, tennis, pickleball, and basketball courts, plus a well-equipped fitness center. The resort’s lush tropical landscaping, scenic walkways, wooden bridges, and cascading waterfalls create a tranquil escape in the heart of Naples. Perfectly positioned just minutes from Waterside Shops, Venetian Bay, Mercato, 5th Avenue, and Naples’ pristine beaches, this condo offers unbeatable access to top dining, shopping, and entertainment. A rare chance to own a property that delivers both serenity and exceptional rental income potential in one of Naples’ most desirable resort communities!

    Zillow last checked:

    Listing updated:

    Listed by:

    Pedrin Valbuena 305-721-5775,

    Pedrin of Miami Realty Inc

    Bought with:

    Pedrin Valbuena

    Pedrin of Miami Realty Inc

    Source: SWFLMLS,MLS#: 225021507MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Features: Split Bedrooms
    Dining room
    • Features: Dining - Family, Eat-in Kitchen
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer
    • Laundry: Inside
    Features
    • Built-In Cabinets, Laundry in Residence
    • Flooring: Laminate
    • Doors: Impact Resistant Doors
    • Windows: Impact Resistant Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 988
    • Total interior livable area: 864 sqft

    Property

    Features
    • Levels: Two
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Courtyard, Outdoor Kitchen, Tennis Court(s)
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: Lagoon, Landscaped Area
    • Has water view: Yes
    • Water view: Lagoon
    • Waterfront features: Lagoon
    • Frontage type: Lagoon/Estuary
    Lot
    • Features: Zero Lot Line
    Details
    • Additional structures: Gazebo, Outdoor Kitchen, Tennis Court(s)
    • Parcel number: 15902560002

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Stucco
    • Foundation: Concrete Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Water: Central

    Community & HOA

    Community
    • Features: Clubhouse, Pool, Fitness Center, Racquetball, Tennis Court(s), Condo/Hotel
    • Subdivision: PARK SHORE RESORT
    HOA
    • Amenities included: Basketball Court, Barbecue, Bike And Jog Path, Bike Storage, Clubhouse, Pool, Spa/Hot Tub, Fitness Center, Internet Access, Pickleball, Racquetball, Volleyball
    • HOA fee: $15,392 annually
    Location
    • Region: Naples

    Financial & listing details

    • Price per square foot: $590/sqft
    • Tax assessed value: $350,600
    • Annual tax amount: $2,910
    • Date on market: 2/26/2025
    • Lease term: CASH ONLY

    Price history

    DateEventPrice
    6/9/2025Sold$510,000-14.4%$590/sqft
    Source: SWFLMLS #225021507 Report a problem
    5/19/2025Pending sale$595,900$690/sqft
    Source: SWFLMLS #225021507 Report a problem
    2/26/2025Listed for sale$595,900+47.1%$690/sqft
    Source: SWFLMLS #225021507 Report a problem
    12/9/2024Sold$405,000-9.8%$469/sqft
    Source: SWFLMLS #224083854 Report a problem
    11/18/2024Pending sale$449,000$520/sqft
    Source: SWFLMLS #224083854 Report a problem
    10/18/2024Listed for sale$449,000+72.7%$520/sqft
    Source: SWFLMLS #224083854 Report a problem
    7/17/2015Sold$260,000+165.3%$301/sqft
    Source: Public Record Report a problem
    8/21/2014Listing removed$3,000$3/sqft
    Source: Aadvisor Rentals Inc #213508153 Report a problem
    11/3/2013Listed for rent$3,000$3/sqft
    Source: Aadvisor Rentals Inc #213508153 Report a problem
    7/29/1996Sold$98,000+176.8%$113/sqft
    Source: Public Record Report a problem
    4/8/1994Sold$35,400$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,173 +9%$350,600 +27.2%
    2024$2,910 +8.8%$275,570 +10%
    2023$2,674 +9.6%$250,518 +10%
    2022$2,440 +14.8%$227,744 +10%
    2021$2,125 +5.5%$207,040 +4.4%
    2020$2,014 +3.4%$198,400 +4.6%
    2019$1,948 +6.4%$189,760 +7.6%
    2018$1,831 $176,371 +10%
    2017$1,831 +6.8%$160,337 +10%
    2016$1,714 +8.5%$145,761 +10%
    2015$1,580 +9.8%$132,510 +10%
    2014$1,439 +17.7%$120,464 +7.4%
    2013$1,222 +0.2%$112,160 +2%
    2012$1,220 +0.6%$110,000
    2011$1,213 -41.1%$110,000 -20.2%
    2010$2,059 +1.3%$137,822 -27.4%
    2009$2,032 $189,738 -4.9%
    2008$2,032 +5%$199,619
    2007$1,935 +26.2%$199,619 +17.7%
    2006$1,534 $169,566 +33.5%
    2005$1,534 +8.7%$126,990 +9.9%
    2004$1,411 -2.3%$115,537
    2003$1,445 +7.5%$115,537 +8.9%
    2002$1,344 -47.4%$106,080 +7.9%
    2001$2,552 +114.3%$98,297
    2000$1,191 --
    Find assessor info on the county website

    Neighborhood: Park Shore

    Nearby schools

    GreatSchools rating
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