NOT LISTED FOR SALE

132 Cypress Way E Unit 201 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $242,000 - $273,000

2 Beds
2 Baths
1,064 Sq Ft
$300/mo HOA Fee

Last Sold July 21, 2022

Last sale price $275,000 $258 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,825/month

2 Days on Market

Highlights

  • End Unit
  • Pool View
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Screened Porch
  • Bike Room

About This Home

As of July 2022

Highly sought after neighborhood of Palm River, first floor end unit! This condo offers 2 bedrooms & 2 baths, with a split floor plan that allows everyone plenty of space & privacy. This unit has all tile & luxury vinyl flooring so no carpet to vacuum! Updated primary bathroom & newer ceiling fans have been installed. Close to the community pool, you'll enjoy meeting friends & neighbors for a day of relaxing and sunshine. Ideally located west of I-75, close to Mercato, Vanderbilt Beach and A+ schools! Perfect for full time living or an investment property.

Last Agent to Sell the Property

Brooke Sykes

Douglas Elliman Florida,LLC Listed on: 06/17/2022

Douglas Elliman Florida,LLC

Co-Listed By

Samantha Aybar

KW Elevate Luxury

Last Buyer's Agent

Claudia DeJesus

Palm Paradise Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • North Facing Home

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Sliding Windows
  • Family or Dining Combination
  • Screened Porch
  • Pool Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

  • 1 Parking Garage Space
  • Deeded Parking

Schools

  • Veterans Memorial Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62015000185

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • Naples Keep Condos
  • Mandatory home owners association

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Additional Features

  • Bike Room
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,442

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Legal Description: NAPLES KEEP A CONDOMINIUM UNI 201
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.275357$-81.771101$42.87$13.33$1.00$tXbk4hRE94IePohQ_xmDAA
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 258.46
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1064
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining
  • Equipment: Cooktop - Electric, Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Smoke Detector
  • Flooring: Tile, Vinyl
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Pantry, Smoke Detectors, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Pool/Club

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No Motorcycles, No RV, No Truck
  • Sub Condo Name: NAPLES KEEP
  • HOA Fees: 900
  • HOA Fee Frequency: Quarterly
  • Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Palm River
  • Amenities: Bike Storage, Community Pool, Streetlight
  • Community Type: Condo/Hotel, Non-Gated
  • Units In Building: 8
  • Total Number of Units: 100

Fee Information

  • Application Fee: 150.00

Schools

  • Elementary School: Veterans Memorial Elementary
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 23
  • Total Area: 1064
  • Waterfront: No
  • Rear Exposure: North
  • Parcel Number: 62015000185

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 1442.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 21, 2022
Sold by
Derrico and Laura
Bought by
Jones Madison
Seller's Agent
Brooke Sykes
Douglas Elliman Florida,LLC
Buyer's Agent
Claudia DeJesus
Palm Paradise Realty Group
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$253,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,908
Avg. Annual Appreciation
-2.33%
Original Mortgage
$221,375
Outstanding Balance
$210,866
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$42,226

Purchase Details

Closed on
Oct 22, 2001
Sold by
Garlotta John P and Garlotta Shannon
Bought by
Derrico Thomas and Derrico Laura

Purchase Details

Closed on
Jun 30, 1995
Sold by
Kinney Lester F and Kinney Dorothy J
Bought by
Garlotta John P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Madison $275,000 Title Alliance
Derrico Thomas $82,000 --
Garlotta John P $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Madison $221,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $275,000 0.0% $258 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $275,000 -- $258 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,520 $258,360 -- $258,360
2024 $2,520 $247,720 -- $247,720
2023 $2,524 $242,400 $0 $242,400
2022 $1,698 $140,580 $0 $0
2021 $1,442 $127,800 $0 $0
2020 $1,340 $116,182 $0 $0
2019 $1,315 $105,620 $0 $0
2018 $1,207 $96,018 $0 $0
2017 $1,117 $87,289 $0 $0
2016 $1,019 $79,354 $0 $0
2015 $840 $72,140 $0 $0
2014 $770 $65,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brooke Sykes

    Seller's Agent in 2022

    Brooke Sykes

    Douglas Elliman Florida,LLC

    (239) 877-2720

    2 in this area

    62 Total Sales

    Brooke Sykes
    Section Image
  • Samantha Aybar

    Seller Co-Listing Agent in 2022

    Samantha Aybar

    KW Elevate Luxury

    (239) 450-6831

    1 in this area

    52 Total Sales

    Samantha Aybar
    Section Image

  • C

    Buyer's Agent in 2022

    Claudia DeJesus

    Palm Paradise Realty Group

    (716) 553-8552

    1 in this area

    109 Total Sales

    Claudia DeJesus
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 222044464

Naples Area Board of REALTORS®

APN: 62015000185

Florida Collier County Naples 34110 Palm River Estates

132 Cypress Way E Unit 201, Naples, FL

Not Listed for Sale

Condos

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 M.L.S. of Naples, Inc. 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.

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