$250,000
SOLD DEC 19, 2025

140 Cypress Way E Unit 601 Naples, FL 34110

Palm River Estates Neighborhood
2 Beds
2 Baths
1,064 Sq Ft
1988 Built

Recently Sold

$235 Per Sq Ft

15% Below List Price

325 Days on Market

Highlights

  • Furnished
  • Screened Porch
  • Concrete Block With Brick
  • Veterans Memorial Elementary School Rated A
  • Community Pool
  • Breakfast Bar

About This Home

As of December 2025

Discover this beautifully renovated 2-bedroom, 2-bathroom condo in Naples Keep at Palm River, located in the heart of North Naples! This stunning unit features brand-new stainless steel appliances, modern kitchen cabinetry, stylish bathroom vanities, and luxury vinyl flooring throughout. The open floor plan is filled with natural light, and the screened-in patio offers a tranquil retreat with lush landscaping views. Enjoy the community pool and the unbeatable location just minutes from pristine beaches, top-rated shopping, dining, and entertainment. Don't miss this move-in-ready gem in a prime Naples location!

Last Agent to Sell the Property

Jared Stresen-Reuter

Marzucco Real Estate Listed on: 01/28/2025

Marzucco Real Estate

Co-Listed By

DeShawn Robinson

Marzucco Real Estate

Last Buyer's Agent

Jared Stresen-Reuter

Marzucco Real Estate Listed on: 01/28/2025

Marzucco Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1988

HOA Fees

  • $407 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Family or Dining Combination
  • Screened Porch
  • Vinyl Flooring
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • Patio
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 62015000826

Community Details

Overview

  • 1,064 Sq Ft Building
  • Naples Keep Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,033

Year Built

Built in 1988

Lot Details

0

HOA Fees

$407 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Low Rise (1-3)
  • Community Features: Pool, Sidewalks, Street Lights
  • Horses: No
  • Park Name: PALM RIVER
  • Is Senior Community?: No
  • Has View?: Yes
  • Association Amenities: Pool, Community Room, Sidewalk, Streetlight
  • Association Fees: 4880
  • Has H O A?: No
  • Co List Office Mls Id: NMRZ
  • Co List Office Phone: 239-234-5134
  • Co List Office Mls Id: NMRZ
  • Standard Status: Closed
  • Subdivision Name: NAPLES KEEP
  • Architectural Style: Two Story, Low Rise (1-3)
  • Has Fireplace?: No
  • Unit Levels: 1
  • Is New Construction?: No
  • OpenHouseCount: 1
  • Elevator: None
  • Boat Access: None
  • LastChangeTimestamp: 2025-12-30T20:14:22.363Z
  • Community Type: Non-Gated
  • BridgeModificationTimestamp: 2025-12-30T20:20:20.213Z
  • ListAgent_MUI: 42160424
  • CDOM: 336
  • Building Desc: 2 Story
  • Equipment: Dishwasher, Disposal, Microwave, Range, Refrigerator/Freezer, Washer/Dryer Hookup
  • CoListAgent_MUI: 32108933
  • DOM: 242
  • Additional Rooms: Screened Lanai/Porch
  • NABOR_ListPrice: 290000
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Pantry
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator/Freezer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Room Bedroom Features: Split Bedrooms
  • Room Dining Room Features: Breakfast Bar, Dining - Family

Exterior Features

  • Roof: Shingle
  • View: Landscaped Area
  • Exterior Features: Screened Lanai/Porch
  • Pool Features: Community
  • Has Private Pool?: No
  • Waterfront Features: None
  • Construction Type: Concrete Block, Vinyl Siding
  • Foundation Details: Concrete Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No

Utilities

  • Cooling: Ceiling Fan(s), Central Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hookup
  • Green Building Features: DSL/Cable Available
  • Heating: Central Electric
  • Water Source: Central

Condo/Co-op/Association

  • Pets Allowed: Limits

Lot Info

  • Waterfront: No
  • Parcel Number: 62015000826
  • Land Lease Expiration Date: 2025-12-31
  • Additional Parcels: No

Rental Info

  • Lease Term: Buyer Finance/Cash,FHA,VA

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2032.56

Multi Family

  • Number Of Units Furnished: Furnished
  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Stresen-Reuter Lori
Bought by
Lori L Stresen-Reuter Revocable Trust and Stresen-Reuter

Purchase Details

Closed on
Aug 23, 2013
Sold by
Stresen Reuter Lori and Strutz Rebecca Jean
Bought by
Stresen Reuter Lori

Purchase Details

Closed on
Apr 11, 1994
Sold by
Strutz Carl and Strutz Linnea
Bought by
Strutz Carl and Strutz Linnea

Purchase Details

Closed on
Mar 15, 1994
Sold by
Hudson David C and Hudson Robert D
Bought by
Strutz Carl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $250,000 -13.8% $235 / Sq Ft
11/09/2025 11/09/25 Price Changed $290,000 -1.7% $273 / Sq Ft
09/26/2025 09/26/25 For Sale $295,000 +18.0% $277 / Sq Ft
06/24/2025 06/24/25 Off Market $250,000 -- --
01/28/2025 01/28/25 For Sale $295,000 -- $277 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,113 $196,096 -- --
2024 $2,033 $178,269 -- --
2023 $2,033 $162,063 $0 $0
2022 $1,739 $147,330 $0 $0
2021 $1,480 $133,936 $0 $133,936
2020 $1,376 $122,238 $0 $0
2019 $1,348 $111,125 $0 $0
2018 $1,237 $101,023 $0 $0
2017 $1,145 $91,839 $0 $0
2016 $1,043 $83,490 $0 $0
2015 $862 $75,900 $0 $0
2014 $790 $69,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 225011014

Naples Area Board of REALTORS®

APN: 62015000826