$229,000
$50K PRICE DROP

190 Palm Dr Unit 5 Naples, FL 34112

East Naples Neighborhood

Estimated payment $1,881/month

Total Views 3,505
2 Beds
2 Baths
1,251 Sq Ft
$183 Price per Sq Ft

Highlights

  • Creek or Stream View
  • Furnished
  • Den
  • Florida Architecture
  • Community Pool
  • Eat-In Kitchen

About This Home

SELLER OFFERING CONCESSIONS FOR RENOVATIONS OR CLOSING COSTS !!!! RENTAL POSSIBLE! Comfortable & spacious 2-Bedroom, 2-Bath Condo - 1st floor - in highly desirable Sunrise Location. IDEAL FOR FULLTIME AND SEASONAL RESIDENTS. INVESTORS SHOULD PAY ATTENTION AS WELL. Move-in ready and full of charm, this spacious 2-bedroom, 2-bath condo features a beautifully enclosed sunroom—your very own tropical retreat. Enjoy the privacy and tranquility of a desirable backyard, perfect for relaxing or entertaining. Inside, you'll find hurricane-resistant windows, ample storage, a large laundry room, and a walk-in closet in the expansive primary suite. The layout is ideal for both everyday living and hosting guests. Just steps from your front door is the community pool, offering the perfect spot to unwind and socialize. Low quarterly maintenance fee, which is including the associations flood insurance for the building. The location adds even more appeal—situated near major shopping centers, Publix, Walmart, a movie theater, and a variety of popular restaurants including Italian, Mexican, and Chinese options, plus Starbucks. All easily accessible by foot, bike, or car. Best of all, you're just 10 minutes from Tin City, the beach, and the shops and restaurants of Old Naples’ famed 5th Avenue and 3rd Street with upscale shopping options and world class dining choices.

Listing Agent

Sigrid Morgenstern

Downing Frye Realty Inc. License #NAPLES-249522453 Listed on: 09/12/2025

Downing Frye Realty Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1984

Lot Details

  • Landscaped
  • Zero Lot Line

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Florida Architecture
  • Concrete Block With Brick
  • Concrete Foundation
  • Shingle Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Creek or Stream Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Shadowlawn Elementary School
  • East Naples Middle School
  • Lely High School

Utilities

  • Central Air
  • Heating Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 63304360001

Community Details

Overview

  • 12 Units
  • 1,251 Sq Ft Building
  • Sunrise III Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,227

Year Built

Built in 1984

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Low Rise (1-3)
  • Community Features: Pool, Sidewalks, Street Lights
  • Horses: No
  • Lot Features: Zero Lot Line
  • Park Name: SUNRISE
  • Is Senior Community?: No
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Pool, Internet Access, Sidewalk, Streetlight
  • Association Fees: 5900
  • Has H O A?: Yes
  • Co List Office Mls Id: DNFR
  • Standard Status: Active
  • Subdivision Name: SUNRISE III
  • Architectural Style: Two Story, Florida, Apartment, Low Rise (1-3)
  • Has Fireplace?: No
  • Unit Levels: 2
  • Is New Construction?: No
  • Golf Type: No Golf Available
  • OpenHouseCount: 1
  • Elevator: None
  • Boat Access: None
  • Pet Limit Breed: no Pitbulls
  • LastChangeTimestamp: 2025-11-26T12:27:55.983Z
  • Community Type: Non-Gated
  • BridgeModificationTimestamp: 2025-12-15T19:03:34.174Z
  • ListAgent_MUI: 25890074
  • CDOM: 94
  • Building Desc: 2 Story, Florida, Garden Apt
  • Equipment: Cooktop - Electric, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer
  • DOM: 89
  • Additional Rooms: Den - Study, Laundry in Residence, Other
  • NABOR_ListPrice: 229000
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl
  • Interior Amenities: Smoke Detectors, Walk-In Closet(s)
  • Private Spa: No
  • Appliances: Electric Cooktop, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 1
  • Stories: 2
  • Room Bedroom Features: Split Bedrooms
  • Room Dining Room Features: Breakfast Bar, Dining - Living, Eat-in Kitchen

Exterior Features

  • Roof: Built-Up, Shingle
  • View: Creek/Stream, Landscaped Area
  • Pool Features: Community
  • Has Private Pool?: No
  • Waterfront Features: None
  • Construction Type: Concrete Block, Stucco
  • Foundation Details: Concrete Block

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: 1 Assigned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Limits

Schools

  • Elementary School: SHADOWLAWN ELEMENTARY SCHOOL
  • High School: LELY HIGH SCHOOL
  • Middle Or Junior School: EAST NAPLES MIDDLE SCHOOL

Lot Info

  • Waterfront: No
  • Parcel Number: 63304360001
  • Land Lease Expiration Date: 2026-01-12
  • Additional Parcels: No
  • Zoning: Residential

Rental Info

  • Lease Term: Agreement For Deed

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2227.02

Multi Family

  • Number Of Units Furnished: Furnished
  • Number Of Units Total: 12

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $2,227 $218,925 -- $218,925
2024 $1,849 $218,925 -- $218,925
2023 $1,849 $146,830 $0 $0
2022 $1,631 $133,482 $0 $0
2021 $1,402 $121,347 $0 $121,347
2020 $1,318 $115,092 $0 $115,092
2019 $1,241 $107,586 $0 $107,586
2018 $1,226 $106,335 $0 $106,335
2017 $1,197 $98,392 $0 $0
2016 $1,048 $89,447 $0 $0
2015 $964 $81,315 $0 $0
2014 $899 $74,940 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2025 11/26/25 Price Changed $229,000 0.0% $183 / Sq Ft
11/26/2025 11/26/25 For Sale $229,000 -10.2% $183 / Sq Ft
11/24/2025 11/24/25 Off Market $255,000 -- --
10/31/2025 10/31/25 Price Changed $255,000 0.0% $204 / Sq Ft
10/31/2025 10/31/25 For Sale $255,000 -8.6% $204 / Sq Ft
10/28/2025 10/28/25 Off Market $279,000 -- --
09/12/2025 09/12/25 For Sale $279,000 +2.6% $223 / Sq Ft
04/20/2023 04/20/23 Sold $272,000 -1.1% $217 / Sq Ft View Prior Sale
03/06/2023 03/06/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $274,900 -- $220 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $272,000 None Listed On Document
Warranty Deed $97,000 --
Source: Public Records

Source: Naples Area Board of REALTORS®

MLS Number: 225068786

Naples Area Board of REALTORS®

APN: 63304360001

Florida Collier County Naples 34112 East Naples

190 Palm Dr Unit 5, Naples, FL

For Sale

MultiFamily

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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 2025 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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Sigrid Morgenstern
Listing Agent
Sigrid Morgenstern
Section Image
Downing Frye Realty Inc.
(239) 453-5240