NOT LISTED FOR SALE

151 Cypress Way E Unit D3 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $196,000 - $259,517

2 Beds
2 Baths
1,338 Sq Ft
1982 Built

Sale Details

Date Sold: February 25, 2026

Last sale price $175,000 $131 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,049 / mo

311 Days on Market

Highlights

  • Pond View
  • Waterfront
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Great Room
  • Concrete Block With Brick

About This Home

As of February 2026

LOWEST PRICED CONDO IN PALM RIVER! This is your chance to own in one of the most desirable North Naples communities—with MAJOR BUILDING UPGRADES ALREADY COMPLETED. The ENTIRE BUILDING HAS BEEN REPIPED and a BRAND NEW METAL ROOF was just installed. ALL ASSESSMENTS HAVE BEEN PAID, giving you LOWER INSURANCE COSTS and ADDED STORM PROTECTION. The LOCATION IS INCREDIBLE. Just across the street from GREENTREE PLAZA and SAM’S CLUB, with endless dining options within 3 minutes. TARGET and WALMART are only 5 minutes away, and you’re LESS THAN 4 MILES TO THE BEACH—just 8 minutes to toes in the sand. MERCATO is only 3 miles down the road for high-end shopping, NIGHTLIFE, CIGAR BARS, and DANCING. Enjoy the best of NAPLES LIVING with unbeatable CONVENIENCE, VALUE, and LONG-TERM POTENTIAL. Whether you're looking for a SEASONAL RETREAT, INVESTMENT OPPORTUNITY, or your own slice of PARADISE, this one is worth a look.

Last Agent to Sell the Property

John Russo

Coldwell Banker Realty Listed on: 04/01/2025

Coldwell Banker Realty

Last Buyer's Agent

Bianca Cirakovic

Sun Realty

Sun Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,060

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Zero Lot Line

HOA Fees

  • $568 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Concrete Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Great Room
  • Family or Dining Combination
  • Pond Views

Kitchen

  • Range
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 48581080006
  • Tax Block D

Community Details

Overview

  • 8 Units
  • Haciendas Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,060

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$568 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Low Rise (1-3)
  • Community Features: Pool, Sidewalks, Street Lights
  • Horses: No
  • Lot Features: Zero Lot Line
  • Park Name: PALM RIVER
  • Is Senior Community?: No
  • Has View?: Yes
  • Association Amenities: Pool, Sidewalk, Streetlight
  • Association Fees: 6820
  • Has H O A?: Yes
  • Co List Office Mls Id: CBRR02
  • Standard Status: Closed
  • Subdivision Name: HACIENDAS
  • Architectural Style: Two Story, Low Rise (1-3)
  • Has Fireplace?: No
  • Unit Levels: 1
  • Is New Construction?: No
  • NABOR_GulfAccessYN: No
  • NABOR_GasYN: No
  • NABOR_MasterHOAFee: 1705
  • Elevator: None
  • NABOR_CableAvailableYN: Yes
  • Boat Access: None
  • LastChangeTimestamp: 2026-03-16T09:50:44.023Z
  • NABOR_MasterHOAFeeFreq: Quarterly
  • Community Type: Non-Gated
  • BridgeModificationTimestamp: 2026-03-16T09:55:33.883Z
  • ListAgent_MUI: 39090518
  • NABOR_AuctionYN: No
  • CDOM: 349
  • NABOR_MandatoryHOAYN: Yes
  • Building Desc: 2 Story
  • Equipment: Dishwasher, Range, Refrigerator/Freezer
  • DOM: 198
  • Additional Rooms: Great Room
  • NABOR_ListPrice: 199995
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Private Spa: No
  • Appliances: Dishwasher, Range, Refrigerator/Freezer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Room Dining Room Features: Dining - Family
  • NABOR_Bedrooms: 2 Bed

Exterior Features

  • Roof: Metal
  • View: Pond
  • Pool Features: Community
  • Has Private Pool?: No
  • Construction Type: Concrete Block, Stucco
  • Foundation Details: Concrete Block

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Green Building Features: DSL/Cable Available
  • Heating: Central Electric
  • Water Source: Central

Condo/Co-op/Association

  • Pets Allowed: With Approval

Lot Info

  • Waterfront: Yes
  • Parcel Number: 48581080006
  • Land Lease Expiration Date: 2026-03-31
  • Additional Parcels: No

Rental Info

  • Lease Term: CASH ONLY

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2060.19
  • Tax Block: D

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2026
Sold by
Bought by
Current Estimated Value
$239,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0637%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2025
Closed on
Feb 25, 2026
Sold by
Bought by
Seller's Agent
John Russo
Coldwell Banker Realty
Buyer's Agent
Bianca Cirakovic
Sun Realty
List Price
$219,000
Sold Price
$175,000
Premium/Discount to List
-$44,000
-20.09%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.84%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 24, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 Paradise Coast Title & Escrow
$175,000 None Listed On Document
$67,000 --
-- --
-- --
$59,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 Sold $175,000 -12.5% $131 / Sq Ft
02/06/2026 02/06/26 Pending -- -- --
11/28/2025 11/28/25 Price Changed $199,995 -8.7% $149 / Sq Ft
08/28/2025 08/28/25 For Sale $219,000 0.0% $164 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $219,000 -- $164 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,147 $191,749
2024 $2,119 $174,317
2023 $2,119 $158,470
2022 $1,764 $144,064 $0 $0
2021 $1,461 $130,967 $0 $0
2020 $1,364 $119,061 $0 $0
2019 $1,291 $108,237 $0 $0
2018 $1,230 $98,397 $0 $0
2017 $1,188 $89,452 $0 $0
2016 $1,040 $81,320 $0 $0
2015 $944 $73,927 $0 $0
2014 $824 $67,206 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Russo

    Seller's Agent in 2026

    John Russo

    Coldwell Banker Realty

    (239) 248-0689

    1 in this area

    34 Total Sales

    John Russo
    Section Image
  • Bianca Cirakovic

    Buyer's Agent in 2026

    Bianca Cirakovic

    Sun Realty

    (239) 200-7462

    2 in this area

    60 Total Sales

    Bianca Cirakovic
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 225033193

Naples Area Board of REALTORS®

APN: 48581080006

Florida Collier County Naples 34110 Palm River Estates

151 Cypress Way E Unit D3, Naples, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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