$327,900

1940 Cascades Dr Unit 5504 Naples, FL 34112

East Naples Neighborhood

Estimated payment $2,704/month

2 Beds
2 Baths
1,351 Sq Ft
$243 Price per Sq Ft

Highlights

  • Lake Front
  • Basketball Court
  • Clubhouse
  • Calusa Park Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

Looking for your dream home in sunny Naples? This beautiful 2-bedroom, 2-bathroom condo in the sought-after Cascades of Falling Waters Community is ready to welcome you! With its charming design, stunning private lanai, and a vibrant array of community amenities, this home offers the ultimate Florida lifestyle. From relaxing by the pool to enjoying world-class beaches, this is paradise living at its best!
Take a dip in the spectacular resort-style pool, one of the largest in the area, and spend your days relaxing poolside in the sunshine. Whether you’re an avid tennis player or prefer the fun of bocce ball, the community’s tennis courts and bocce ball courts offer plenty of opportunities to stay active and social. The clubhouse is the heart of the community, offering a space for gatherings, parties, and fun social events. Meet new friends, enjoy local activities, and embrace the warm and friendly community vibe.
The Falling Waters Community offers everything you need for a fun, active, and relaxing life in Naples. Plus, with fabulous beaches, vibrant dining, and endless opportunities for outdoor adventures just around the corner, you’ll feel like you’re on vacation every day. Schedule your private tour today and start living the dream in beautiful Naples, Florida!

Listing Agent

Michal Serafin

Coldwell Banker Realty Listed on: 11/21/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1995

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Concrete Block With Brick
  • Concrete Foundation
  • Stucco
  • Tile

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Library
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Basketball Court
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 25735001524

Community Details

Overview

  • 1,943 Sq Ft Building
  • Cascades Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,259

Year Built

Built in 1995

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Low Rise (1-3)
  • Community Features: Clubhouse, Pool, Putting Green, Sidewalks, Street Lights, Tennis Court(s), Gated
  • Frontage: Lakefront
  • Horses: No
  • Park Name: FALLING WATERS
  • Road Surface Type: Paved
  • Is Senior Community?: No
  • Has View?: Yes
  • Security Features: Gated Community, Smoke Detector(s)
  • Association Amenities: Basketball Court, Bocce Court, Clubhouse, Pool, Internet Access, Library, Putting Green, Shuffleboard Court, Sidewalk, Streetlight, Tennis Court(s), Underground Utility
  • Association Fees: 8400
  • Has H O A?: Yes
  • Co List Office Mls Id: CBRR03
  • Standard Status: Active
  • Subdivision Name: CASCADES
  • Architectural Style: Low Rise (1-3)
  • Has Fireplace?: No
  • Unit Levels: 1
  • Is New Construction?: No
  • Golf Type: No Golf Available
  • Elevator: None
  • Boat Access: None
  • LastChangeTimestamp: 2025-11-21T17:59:52.807Z
  • Community Type: Gated
  • BridgeModificationTimestamp: 2025-11-21T18:14:52.012Z
  • ListAgent_MUI: 46024027
  • Building Desc: None
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Washer, Washer/Dryer Hookup
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • NABOR_ListPrice: 327900
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Pantry, Smoke Detectors, Vaulted Ceiling(s), Walk-In Closet(s), Window Coverings
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Window Features: Window Coverings
  • Room Dining Room Features: Dining - Living
  • Kitchen Description: Pantry

Exterior Features

  • Roof: Tile
  • View: Lake, Landscaped Area
  • Exterior Features: Screened Lanai/Porch
  • Pool Features: Community
  • Has Private Pool?: No
  • Waterfront Features: Lake
  • Construction Type: Concrete Block, Stucco
  • Foundation Details: Concrete Block
  • Other Structures: Tennis Court(s)

Garage/Parking

  • Garage Spaces: 1
  • Has Attached Garage?: No
  • Has Carport?: No
  • Covered Parking Spaces: 1
  • Has Attached Garage?: Yes
  • Parking Features: Guest, Detached
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Waterfront: Yes
  • Parcel Number: 25735001524
  • Land Lease Expiration Date: 2026-02-28
  • Additional Parcels: No

Rental Info

  • Lease Term: Agreement For Deed,Buyer Finance/Cash,Buyer Pays Title,FHA,VA

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3259.43

Multi Family

  • Number Of Units Furnished: Furnished
  • Number Of Units Total: 14

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 $3,091 $298,726 -- --
2024 $2,965 $271,569 -- --
2023 $2,965 $246,881 $0 $0
2022 $2,632 $224,437 $0 $0
2021 $2,330 $204,034 $0 $204,034
2020 $2,271 $200,789 $0 $200,789
2019 $2,225 $195,385 $0 $195,385
2018 $2,222 $195,385 $0 $195,385
2017 $2,239 $195,385 $0 $195,385
2016 $2,168 $180,968 $0 $0
2015 $1,967 $164,516 $0 $0
2014 $1,765 $149,560 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 For Sale $327,900 -- $243 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Deed $143,900 --
Source: Public Records

Source: Naples Area Board of REALTORS®

MLS Number: 225080365

Naples Area Board of REALTORS®

APN: 25735001524

Florida Collier County Naples 34112 East Naples

1940 Cascades Dr Unit 5504, Naples, FL

For Sale

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 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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Michal Serafin
Listing Agent
Michal Serafin
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Coldwell Banker Realty
(239) 456-0430