138 Cypress Way E Unit 404 Naples, FL 34110
Palm River Estates NeighborhoodEstimated payment $1,859/month
Highlights
- Clubhouse
- Pool View
- Community Pool
- Veterans Memorial Elementary School Rated A
- Screened Porch
- Impact Glass
About This Home
Nestled in the heart of North Naples, Naples Keep in Palm River is a charming and well-established community that offers a peaceful, residential setting just minutes from all the best Naples has to offer. Residents enjoy easy access to a wide range of dining and shopping options, including local favorites like Seed to Table, Joey D’s Italian Restaurant, and House of Omelets—perfect for a relaxed brunch or casual dinner. Just a short drive away, Mercato offers upscale boutiques, Whole Foods, entertainment, and vibrant dining choices to suit every taste.
This first-floor condo offers exceptional convenience and comfort, featuring a spacious screened lanai with serene landscaped views and just a short stroll to the community pool. Inside this light and bright 2-bedroom, 2-bath unit, you'll find tile flooring throughout, an open-concept kitchen with white cabinetry, a custom tile backsplash, a generous pantry, and views that flow into the dining and living areas. The primary bedroom includes an ensuite bath, while the guest bedroom—currently set up as a home office—offers flexibility along with a guest bath featuring an updated vanity. Additional highlights include a separate laundry room, ample closet space, and the convenience of a covered carport just steps from your front door. Recent updates include a newer AC and hot water heater.
Furniture is negotiable—move in ready! This pet-friendly community is located outside the flood zone, so no flood insurance is required. With beautiful tree-lined streets and a welcoming atmosphere, Naples Keep in Palm River is ideal as a full-time residence or a perfect second home. Call today to schedule your private showing!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $457
Year Built
- Built in 1988
HOA Fees
- $500 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Entry on the 1st floor
- Shingle Roof
- Stucco
Interior Spaces
- 1,064 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- Built-In Features
- Ceiling Fan
- Combination Dining and Living Room
- Screened Porch
- Tile Flooring
- Pool Views
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Screened Patio
- East Facing Home
Listing and Financial Details
- Tax Lot 404
- Assessor Parcel Number 62015000567
Community Details
Overview
- Association fees include cable TV, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, street lights
- 100 Units
- Association Phone (239) 514-7432
- Naples Keep Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Pet Policy
- Pets up to 25 lbs
- Call for details about the types of pets allowed
- 1 Pet Allowed
Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $457 | $86,778 | -- | -- |
| 2024 | $439 | $84,332 | -- | -- |
| 2023 | $439 | $81,876 | $0 | $0 |
| 2022 | $423 | $79,491 | $0 | $0 |
| 2021 | $423 | $77,176 | $0 | $0 |
| 2020 | $411 | $76,110 | $0 | $0 |
| 2019 | $400 | $74,399 | $0 | $0 |
| 2018 | $392 | $73,012 | $0 | $0 |
| 2017 | $388 | $71,510 | $0 | $0 |
| 2016 | $383 | $70,039 | $0 | $0 |
| 2015 | $390 | $69,552 | $0 | $0 |
| 2014 | $392 | $25,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Price Changed | $250,000 | 0.0% | $235 / Sq Ft |
| 09/19/2025 09/19/25 | For Sale | $250,000 | -3.5% | $235 / Sq Ft |
| 06/22/2025 06/22/25 | Off Market | $259,000 | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $259,000 | +240.8% | $243 / Sq Ft |
| 10/25/2013 10/25/13 | Sold | $76,000 | -15.5% | $71 / Sq Ft |
| 09/11/2013 09/11/13 | For Sale | $89,900 | -- | $84 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $76,000 | Tropical Title | |
| Quit Claim Deed | -- | Tropical Title | |
| Trustee Deed | -- | None Available | |
| Corporate Deed | -- | Seaview Title Company Llc | |
| Special Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $67,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | Purchase Money Mortgage |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225041160
APN: 62015000567
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