Kensington Golf Course View
4415 Dover Court 503 Naples, FL 34105
4415 Dover Court 503, Naples, FL, 34105
$820,000
Pending
For Sale
$820,000
Pending
Spacious condo with golf course, lake, and water views.
Property Size2,686 SF
Days on Market511
Property Features for 4415 Dover Court 503
General Information
- Standard status
- Pending
- Size
- 2,686 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1999
Listing Agency
Alfred Robbins Realty Group
(239) 248-1233
Listed by
Heather Larkin · License #249521057
(239) 248-1233
Source
Exitrealty
Added: Feb 21, 2025 Checked: Jul 17 at 4:18 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alfred Robbins Realty Group
Investment Insights
Based on property information with market context.
Located in Kensington Golf & Country Club in Naples, FL, this condo offers views of the golf course, lake, and a water display. The unit features approximately 2,700 square feet of living space and an open-concept layout with natural light. A private screened lanai provides space for relaxation. The kitchen includes white cabinetry, granite countertops, and storage space. The primary suite has an en suite bathroom, and the guest bedrooms offer private bathrooms. The unit also includes a private elevator and a two-car garage. Kensington offers membership options for access to community amenities, including golf, a pool with lap lanes, a fitness center, a clubhouse, dining, bocce, tennis courts, and pickleball courts. This condo also provides access to a satellite pool. Waterside Shops, Venetian Village, and beaches are located nearby.
Key Highlights
- Breathtaking golf course, lake, and water display views.
- Spacious 2,700 sq ft open‑concept layout with lots of natural light.
- Kensington Golf & Country Club amenities: golf, pool, fitness center, clubhouse, dining, bocce, tennis, pickleball.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.9k | $26.04 |
| − Vacancy | −$3.6k | −$1.35 |
| EGI | $66.3k | $24.69 |
| − OpEx | −$29.8k | −$11.11 |
| NOI | $36.5k | $13.58 |
2,686 SF · lease $26.04/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$521.0K
$455.9K – $607.8K
NOI $36,469 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$943.3K – $1.26M
NOI $75,461 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Spacious condo with golf course, lake, and water views.
Where is this residential income property located?
The property is located at 4415 Dover Court 503 Naples, FL.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Breathtaking golf course, lake, and water display views.; Spacious 2,700 sq ft open‑concept layout with lots of natural light.; Kensington Golf & Country Club amenities: golf, pool, fitness center, clubhouse, dining, bocce, tennis, pickleball.
