$295,750
$4K PRICE DROP

175 Cypress Way E Unit B205 Naples, FL 34110

Palm River Estates Neighborhood

Estimated payment $2,319/month

Total Views 36,611
2 Beds
2 Baths
1,134 Sq Ft
$261 Price per Sq Ft

Highlights

  • Hot Property
  • Lake Front
  • Clubhouse
  • Veterans Memorial Elementary School Rated A
  • Lakefront Beach
  • Community Pool

About This Home

So Unbelievable and an Outstanding Opportunity!!!!
The generous seller will hold paper for a qualified buyer.

This wonderful condo complex only has 12 units total. This second floor condo has been totally gutted and redone with all of the upgrades you would want to have. NEW PLUMBING AND PIPES EVERYWHERE, NEW ELECTRIC EVERYWHERE, NEW TRIM AND BASEBOARDS!! BEAUTIFUL AND READY FOR A DISCRIMINATING BUYER!!!
The kitchen is totally redone with new cabinets, quartz countertops and backsplash, upgraded Whirlpool appliances and soft close cabinets with pull out shelving. Simply the best!! New flooring throughout is luxury vinyl with plank design. A decorators dream!!! The Master features a Barn Door close to the bath with double sinks and a huge walk in closet featuring California Closet design. Not a dime was spared for this luxury unit. The second bath has a tub and shower combo and a huge sink. Brand new A/C along with the new 125 amp electrical box, and the hot water heater is only 1 year old, this unit truly is top notch. The lake view is simply wonderful and there is a lovely walking path to the pool that is shared with the other units in the area. Lower fees for sure! Four new ceiling fans, and the carport that was damaged in Hurricane Ian is slated to be replaced.
You will be wonderfully surprised!!!

Listing Agent

Sue Myhelic

Gulf Breeze Real Estate LC License #NAPLES-249510436

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Condo Hotel
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Family or Dining Combination
  • Vinyl Flooring
  • Lake Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53550920001
  • Tax Block B

Community Details

Overview

  • 12 Units
  • Low-Rise Condominium
  • Lakeview Gardens Condo
  • Palm River Community
  • Lakefront Beach

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,055

Year Built

Built in 1985

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Legal Description: LAKEVIEW GARDENS CONDOMINIUM BLDG B-205
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.276463$-81.772452$311.28$13.33$1.00$7NkJuNJf1toQpr4cYwNYow
  • Building Design: Low Rise (1-3)
  • Building Description: Other
  • Year Built: 1985
  • Property Information: So Unbelievable and an Outstanding Opportunity!!!! The generous seller will hold paper for a qualified buyer. This wonderful condo complex only has 12 units total. This second floor condo has been totally gutted and redone with all of the upgrades you would want to have. NEW PLUMBING AND PIPES EVERYWHERE, NEW ELECTRIC EVERYWHERE, NEW TRIM AND BASEBOARDS!! BEAUTIFUL AND READY FOR A DISCRIMINATING BUYER!!! The kitchen is totally redone with new cabinets, quartz countertops and backsplash, upgraded Whirlpool appliances and soft close cabinets with pull out shelving. Simply the best!! New flooring throughout is luxury vinyl with plank design. A decorators dream!!! The Master features a Barn Door close to the bath with double sinks and a huge walk in closet featuring California Closet design. Not a dime was spared for this luxury unit. The second bath has a tub and shower combo and a huge sink. Brand new A/C along with the new 125 amp electrical box, and the hot water heater is only 1 year old, this unit truly is top notch. The lake view is simply wonderful and there is a lovely walking path to the pool that is shared with the other units in the area. Lower fees for sure! Four new ceiling fans, and the carport that was damaged in Hurricane Ian is slated to be replaced. You will be wonderfully surprised!!!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 260.80
  • Total Floors: 1
  • Additional Rooms: Screened Balcony
  • Estimated Living Area: 1134
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining
  • Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • Flooring: Vinyl
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Internet Available, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Lake
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 888-336-0606
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Sub Condo Name: LAKEVIEW GARDENS CONDO
  • HOA Fees: 1500
  • HOA Fee Frequency: Quarterly
  • Maintenance: Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Reserve, Sewer, Trash Removal
  • Development Name: PALM RIVER

Association/Amenities

  • Pets: No Approval Needed
  • Development: Palm River
  • Amenities: Bike And Jog Path, Clubhouse, Community Pool, Internet Access, Lakefront Beach, Streetlight, Underground Utility
  • Community Type: Condo/Hotel
  • Units In Building: 12
  • Total Number of Units: 12

Schools

  • Elementary School: VETERANS MEMORIAL
  • Middle School: NORTH NAPLES MIDDLE
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Veterans Memorial
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle

Lot Info

  • Builder Product: No
  • Lot Unit: 205
  • Section: 23
  • Total Area: 1134
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Across From Waterfront
  • Parcel Number: 53550920001

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 2055.00
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $2,143 $165,057 $0 $0
2022 $1,868 $150,052 $0 $0
2021 $1,549 $136,411 $0 $0
2020 $1,462 $124,010 $0 $0
2019 $1,408 $112,736 $0 $0
2018 $1,338 $102,487 $0 $0
2017 $1,266 $93,170 $0 $0
2016 $1,104 $84,700 $0 $0
2015 $988 $77,000 $0 $0
2014 -- $70,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $295,750 -1.3% $261 / Sq Ft
04/09/2025 04/09/25 For Sale $299,750 -- $264 / Sq Ft
Source: Naples Area Board of REALTORS®

About the Listing Agent

Sue Myhelic

Gulf Breeze Real Estate LC

(239) 420-8901

Section Image

I'm an expert real estate agent with Gulf Breeze Real Estate LC in Naples, FL and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: Naples Area Board of REALTORS®

MLS Number: 225036504

Naples Area Board of REALTORS®

APN: 53550920001