$349,900
$30K PRICE DROP

1940 Cascades Dr Unit 5504 Naples, FL 34112

Estimated payment $2,896/month

Total Views 2,004
2 Beds
2 Baths
1,351 Sq Ft
$259 Price per Sq Ft

Highlights

  • Lake Front
  • Gated with Attendant
  • Cathedral Ceiling
  • Calusa Park Elementary School Rated A-
  • Clubhouse
  • Screened Porch

About This Home

Discover the allure of CASCADES in Falling Waters, a highly sought-after community. This well-maintained second floor 2BR/2B IS THE LOWEST PRICED CONDO IN CASCADES and the home features a desirable split bedroom floor plan. THE VIEW IS THE BEST IN ALL OF THE CASCADES SUBDIVISION CONSISTING OF TWO LAKES, FOUNTAIN, WATERFALL AND LUSH LANDSCAPING! The kitchen and breakfast area include white cabinetry, white Corian counters, white appliances and tile floor. The master bath has dual sinks, a Roman tub, shower and a spacious walk-in closet. The master bedroom features a tray ceiling, and French doors. Have peace of mind with a newer roof 2019 and electric storm shutters. This is a vibrant and welcoming community, where making friends is effortless. Enjoy daily activities and a sense of belonging. The renovated 11,000 SF resort-style pool, clubhouse, tennis, and bocce courts provide ample opportunities to get to know your neighbors. Venture just a short distance to experience the Gulf's sandy beaches, fine dining, and shopping in Olde Naples, and Marco Island.

Listing Agent

Norm Belott

Premiere Plus Realty Company License #NAPLES-249522303 Listed on: 02/04/2025

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1995

Lot Details

  • Lake Front
  • East Facing Home
  • Gated Home

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Deeded Parking

Property Views

  • Lake Views
  • Views of Preserve

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,351 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Double Hung Windows
  • Arched Windows
  • French Doors
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25735001524

Community Details

Overview

  • 14 Units
  • Low-Rise Condominium
  • Cascades Condos
  • Falling Waters Community

Amenities

  • Clubhouse
  • Community Library

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,965

Year Built

Built in 1995

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • Legal Description: CASCADES A CONDOMINIUM 5504
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.135784$-81.721095$9.05$13.33$1.00$2c59AQEPPUdFCh_6USONKg
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Storm Protection: Electric Shutters
  • Year Built: 1995
  • Directions: Driving Directions FALLING WATERS IS LOCATED ON DAVIS BLVD. JUST WEST OF SANTA BARBARA BLVD. ON THE RIGHT. BUYER AGENTS SHOW DRIVERS LICENSE AND BUSINESS CARD TO SECURITY PERSON AT GATE
  • Property Information: Discover the allure of CASCADES in Falling Waters, a highly sought-after community. This well-maintained second floor 2BR/2B IS THE LOWEST PRICED CONDO IN CASCADES and the home features a desirable split bedroom floor plan. THE VIEW IS THE BEST IN ALL OF THE CASCADES SUBDIVISION CONSISTING OF TWO LAKES, FOUNTAIN, WATERFALL AND LUSH LANDSCAPING! The kitchen and breakfast area include white cabinetry, white Corian counters, white appliances and tile floor. The master bath has dual sinks, a Roman tub, shower and a spacious walk-in closet. The master bedroom features a tray ceiling, and French doors. Have peace of mind with a newer roof 2019 and electric storm shutters. This is a vibrant and welcoming community, where making friends is effortless. Enjoy daily activities and a sense of belonging. The renovated 11,000 SF resort-style pool, clubhouse, tennis, and bocce courts provide ample opportunities to get to know your neighbors. Venture just a short distance to experience the Gulf's sandy beaches, fine dining, and shopping in Olde Naples, and Marco Island.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 258.99
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1351
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Cathedral Ceiling, Fire Sprinkler, French Doors, Internet Available, Laundry Tub, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Arched, Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road, Private Road
  • View: Lake, Landscaped Area, Preserve, Water, Water Feature
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: Guest

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-514-7432
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded, No Commercial, No RV
  • Sub Condo Name: CASCADES
  • Condo Fees: 2100
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Master Association Fee Incl, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Development Name: FALLING WATERS

Association/Amenities

  • Pets: No Approval Needed
  • Development: Falling Waters
  • Amenities: Basketball, Bocce Court, Clubhouse, Community Pool, Internet Access, Library, Putting Green, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated
  • Units In Building: 14
  • Total Number of Units: 110

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 5504
  • Section: 8
  • Total Area: 1943
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 25735001524

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 2964.66
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $2,965 $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 Change Sq Ft Price
03/02/2025 03/02/25 Price Changed $349,900 -7.9% $259 / Sq Ft
02/04/2025 02/04/25 For Sale $380,000 -- $281 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

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

Similar Homes in Naples, FL

  • 1051 Eastham Way Unit 204, Naples, FL 34104

    $299,000

    • 2 Beds
    • 2 Baths
    • 1,294 Sq Ft
    • 1051 Eastham Way
    • Unit 204
    • Naples, FL

    Hard to beat. You have to see this one, now priced to convince! Spectacular golf and lake views are yours at this updated "Super 2" extra spacious model with 1294 Sqft and an oversized extended lanai to match. Tasteful furniture for a true move-in included in price too. A dream Florida life begins as you step into a screen-glass door into an open floor plan with extraordinary panoramic views.

    Nancy Jaynes Premiere Plus Realty Company

    Section Image
  • 7065 Dennis Cir Unit 302, Naples, FL 34104

    $299,000

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 7065 Dennis Cir
    • Unit 302
    • Naples, FL

    Wow! Afford paradise in this stunning Top-floor, spacious condo featuring cathedral ceilings and panoramic million-dollar views. Move right in. Relax and unwind as you look over multiple lakes and fairway holes, or spend hours on your private screened lanai, watching birds, wildlife, and golfers while enjoying the serene water views. The updated kitchen features solid wood doors and granite

    Nancy Jaynes Premiere Plus Realty Company

    Section Image
  • 7185 Dennis Cir Unit 105, Naples, FL 34104

    $330,000

    • 2 Beds
    • 2 Baths
    • 1,308 Sq Ft
    • 7185 Dennis Cir
    • Unit 105
    • Naples, FL

    Full golf membership included in popular Glen Eagle Golf and Country Club with this 2 bedroom plus Den 1st floor unit with detached garage and fabulous views.

    Nancy Jaynes Premiere Plus Realty Company

    Section Image
  • 963 Hingham Way Unit 101, Naples, FL 34104

    $415,000

    • 2 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 963 Hingham Way
    • Unit 101
    • Naples, FL

    Featured move-in ready! Imagine your DREAM LIFE 2 Bedroom Plus Den, attached garage, with IMMEDIATE GOLF MEMBERSHIP included. And the best part? It's AFFORDABLE! Have it all without compromise. MODEL-LIKE zen feel END-UNIT is easy "no stairs" 1st floor living. Immaculate MOVE-IN READY, furniture too in price if desired. Inside, every detail is meticulously designed. New light WOOD-PLANK

    Nancy Jaynes Premiere Plus Realty Company

    Section Image
  • 885 Eastham Way Unit 102, Naples, FL 34104

    $415,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 885 Eastham Way
    • Unit 102
    • Naples, FL

    Dreams do come true at this new price! Don't miss this END-unit 3-BEDROOM carriage beauty, with attached GARAGE. Located on a private cul-de-sac, views of the golf course are set back to offer both privacy, peace, and convenience. Impressive 8-foot doors, soaring ceilings, and oversized windows all around allow in natural light, complemented by beautiful plantation shutters. The spacious

    Nancy Jaynes Premiere Plus Realty Company

    Section Image
  • 6824 Sterling Greens Place Unit 302, Naples, FL 34104

    $340,000

    • 2 Beds
    • 2 Baths
    • 1,243 Sq Ft
    • 6824 Sterling Greens Place
    • Unit 302
    • Naples, FL

    Stunning and most affordable, lowest priced GOLF condo in Sterling Greens! Move-in ready. You'll notice the volume ceilings height as you enter. This rare model has an EXTRA ROOM off the kitchen used as a home office. Imagine starting your day on your private screened lanai with breathtaking panoramic VIEWS of 17th fairway greens and no buildings across just lush preserves. Beautful WIDE-PLANK

    Nancy Jaynes Premiere Plus Realty Company

    Section Image
  • 6820 Sterling Greens Place Unit 2301, Naples, FL 34104

    $394,500

    • 3 Beds
    • 2 Baths
    • 1,506 Sq Ft
    • 6820 Sterling Greens Place
    • Unit 2301
    • Naples, FL

    Use the elevator or get your steps in to access this beautifully updated third floor, end unit condominium! With extra windows and plenty of natural light, this bright and airy 3 bedroom, 2 bath home provides breathtaking views overlooking the 18th hole and green of the prestigious Glen Eagle golf course.  Picture yourself enjoying breakfast, lunch, or dinner on your private lanai while watching

    Anita Colletti John R Wood Properties

    Section Image
  • 6820 Sterling Greens Place Unit 106, Naples, FL 34104

    $420,000

    • 3 Beds
    • 2 Baths
    • 1,506 Sq Ft
    • 6820 Sterling Greens Place
    • Unit 106
    • Naples, FL

    Beautiful unit with Brand NEW AC plus NEW HW JUST INSTALLED Jan 2025, with warranty, saving you big bucks $$ and giving peace of mind for years to come. Prime END-UNIT and spacious 1506 SQFT 3 BEDROOM is on the 1st floor for easy access and benefit to age in place. High ceilings, side windows and Preferred SOITHERN EXPOSURE for natural light. STAINLESS STEEL appliances in kitchen and wide

    Nancy Jaynes Premiere Plus Realty Company

    Section Image
  • 6828 Sterling Greens Place Unit 202, Naples, FL 34104

    $359,900

    • 2 Beds
    • 2 Baths
    • 1,243 Sq Ft
    • 6828 Sterling Greens Place
    • Unit 202
    • Naples, FL

    Begin your dream life in this true move in beauty! Stunning views of long 17th fairway framed by lush trees provide unique serenity and privacy. Electric shutters on lanai, manual crank-down metal shutters on all windows, give peace of mind and closing ease. Gorgeous, newly upgraded primary bathroom is a true standout! Custom white shaker vanity, quartz top and rare dual sinks, work-of-art

    Nancy Jaynes Premiere Plus Realty Company

    Section Image

Source: Naples Area Board of REALTORS®

MLS Number: 225015816

Naples Area Board of REALTORS®

APN: 25735001524