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    Move-in Ready Golf Course Condo Title is generated by Realmo AI

    3695 Amberly Circle E207, Naples, FL 34112

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    For Sale
    $259,000

    Turnkey furnished 2BR/2BA condo overlooking golf course.

    Type:Condo/Townhome
    Property size:
    1,216 SF
    Price / SF:
    $212/SF
    Added:
    Mar 23, 2026
    Days on Market:
    71
    Last Refresh:
    Apr 6 at 1:53 am

    Property Features for 3695 Amberly Circle E207

    General Information

    Standard status
    Active
    Size
    1,216 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Charlene Vandenberg
    Charlene Vandenberg

    Listing agent Charlene Vandenberg License #389521543

    Listing office Coldwell Banker Realty

    Listing date Mar 23, 2026

    Source Exitrealty

    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 Coldwell Banker Realty

    HighLights

    • Immediate full golf membership available at Royal Wood Golf Club.
    • Turnkey furnished, move‑in ready 2BR/2BA condo with golf course view.
    • Newly renovated clubhouse with expanded dining, bar, grill room, and pro shop.
    • Updated condo with new kitchen appliances (August '24), quartz counters, LVP flooring, and modern bathrooms.
    • Abundant amenities: heated pool, spa, bocce ball, tennis/pickleball, fitness center, and yoga room.
    • Convenient location: short drive to beaches, downtown Naples, Botanical Garden, and the Naples Zoo.

    Overview

    This move-in ready condo features 2 bedrooms and 2 bathrooms. The living room, dining room, and kitchen are fitted with new luxury vinyl planking. The kitchen includes quartz counters, stainless steel appliances installed in August 2024, and recessed can lighting. The bedrooms have new carpeting. The bathrooms feature modern raised vanities with granite tops. Plantation shutters are installed throughout, along with new raised baseboards. A large laundry room includes a stackable washer and dryer installed in November 2023. The private lanai with western exposure overlooks the golf course and has electric storm shutters. The unit is being sold turnkey furnished. The building has an elevator and covered parking. The property is located near Amberly's clubhouse, which is equipped for parties, meetings, and card games, and includes a heated pool, spa, bocce ball court, and tennis court with pickle ball lines. Royal Wood Golf Club offers immediate full golf membership upon purchase, including men and women league play, couples league, and scrambles, as well as year-round parties, bingo, trivia, and live entertainment. The clubhouse has been renovated with an expanded dining room, enlarged bar area, and new grill room overlooking the golf course. A newly constructed pro shop is available. The fitness center includes Peloton bikes, and a yoga room offers classes for different levels. The property is a short drive from the Botanical Garden, Naples Zoo, downtown Naples shopping and dining, and beaches.

    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 $31.7k $26.04
    − Vacancy −$1.6k −$1.35
    EGI $30.0k $24.69
    − OpEx −$13.5k −$11.11
    NOI $16.5k $13.58
    1,216 SF · lease $26.04/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $235.9K
    $206.4K – $275.2K (±1% cap)
    NOI $16,510 @ 7.0% cap · market cap 6.37%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $488.0K
    $427.0K – $569.4K (±1% cap)
    NOI $34,163 @ 7.0% cap · market cap 13.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bob Apartment Building

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Accounting Firm Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.7250608
    Latitude
    26.1191567

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    FAQs

    What type of property is this?
    Residential income property - Turnkey furnished 2BR/2BA condo overlooking golf course.
    Where is this residential income property located?
    The property is located at 3695 Amberly Circle E207 Naples, FL.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: Immediate full golf membership available at Royal Wood Golf Club.; Turnkey furnished, move‑in ready 2BR/2BA condo with golf course view.; Newly renovated clubhouse with expanded dining, bar, grill room, and pro shop.
    (239) 263-3300
    We can help!
    Listing Contact
    Charlene Vandenberg
    Charlene Vandenberg
    Real Estate License ID: 389521543
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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