Seller's Agent in 2026
Frank Ehrhardt
John R. Wood Properties
(239) 472-2411
1 in this area
150 Total Sales
138 Cypress Way E Unit 404 Naples, FL 34110
Palm River Estates Neighborhood
2
Beds
2
Baths
1,064
Sq Ft
1988
Built
Highlights
- Clubhouse
- Lanai
- Screened Porch
- Veterans Memorial Elementary School Rated A
- Pool View
- Community Pool
About This Home
As of March 2026Nestled 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!
Last Agent to Sell the Property
John R. Wood Properties License #252012963 Listed on: 04/25/2025
Last Buyer's Agent
Brian Figueroa
Xclusive Homes LLC License #249532131
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $457
Year Built
- Built in 1988
Lot Details
- Home has East and West Exposure
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
- Partially Furnished
- 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
Outdoor Features
- Screened Patio
- Lanai
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
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
- Maintained Community
Amenities
- Clubhouse
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
- Pets up to 25 lbs
- 1 Pet Allowed
Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2013
Closed on
Oct 24, 2013
Sold by
Retained Realty Inc
Bought by
Mapes Frederick and Mapes Rosanna
Seller's Agent
Carmen Valladares
Premiere Plus Realty Company
Buyer's Agent
Joseph Skelly
Platinum Properties of Naples Inc
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Purchase Details
Closed on
Jun 19, 2012
Sold by
Sanchez Jorge
Bought by
Emigrant Mortgage Company Inc
Purchase Details
Closed on
Jun 11, 2008
Sold by
Sanlias Llc
Bought by
Sanchez Jorge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 24, 2005
Sold by
Sanchez Jorge L and Sanchez Victor G
Bought by
Sanlias Llc
Purchase Details
Closed on
Jul 26, 2005
Sold by
Sanchez Jorge L
Bought by
Sanchez Jorge L and Sanchez Victor G
Purchase Details
Closed on
Mar 18, 1994
Sold by
Falcone Vincenzo V and Falcone Maria E
Bought by
Sanchez Clelia M
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Home Values in the Area
Average Home Value in this Area
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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | Sold | $216,000 | -4.0% | $203 / Sq Ft | |
| 03/26/2026 03/26/26 | Pending | -- | -- | -- | |
| 01/02/2026 01/02/26 | Price Changed | $225,000 | -6.2% | $211 / Sq Ft | |
| 12/11/2025 12/11/25 | Pending | -- | -- | -- | |
| 11/19/2025 11/19/25 | Price Changed | $239,900 | -4.0% | $225 / Sq Ft | |
| 11/07/2025 11/07/25 | For Sale | $250,000 | 0.0% | $235 / Sq Ft | |
| 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 | +15.7% | $235 / Sq Ft | |
| 06/22/2025 06/22/25 | Off Market | $216,000 | -- | -- | |
| 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 | View Prior Sale |
| 09/11/2013 09/11/13 | For Sale | $89,900 | -- | $84 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
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 | -- | -- |
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Ehrhardt
-
Sandy Cummings
S
Seller Co-Listing Agent in 2026
Sandy Cummings
John R. Wood Properties
(239) 887-7402
1 in this area
35 Total Sales
-
B
Buyer's Agent in 2026
Brian Figueroa
Xclusive Homes LLC
-
C
Seller's Agent in 2013
Carmen Valladares
Premiere Plus Realty Company
-
J
Buyer's Agent in 2013
Joseph Skelly
Platinum Properties of Naples Inc
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225041160
APN: 62015000567
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