138 Cypress Way E, Unit 404

1,064 Sq. Ft.
$211 / Sq. Ft.
1,064
Sq. Ft.
$211
per Sq. Ft.

Description

Nestled in the heart of North Naples, Naples Keep in Palm River is a charming and well-established community that offers a peaceful, residential setting just minutes from all the best Naples has to offer. Residents enjoy easy access to a wide range of dining and shopping options, including local favorites like Seed to Table, Joey D’s Italian Restaurant, and House of Omelets—perfect for a relaxed brunch or casual dinner. Just a short drive away, Mercato offers upscale boutiques, Whole Foods, entertainment,...Nestled in the heart of North Naples, Naples Keep in Palm River is a charming and well-established community that offers a peaceful, residential setting just minutes from all the best Naples has to offer. Residents enjoy easy access to a wide range of dining and shopping options, including local favorites like Seed to Table, Joey D’s Italian Restaurant, and House of Omelets—perfect for a relaxed brunch or casual dinner. Just a short drive away, Mercato offers upscale boutiques, Whole Foods, entertainment, and vibrant dining choices to suit every taste. This first-floor condo offers exceptional convenience and comfort, featuring a spacious screened lanai with serene landscaped views and just a short stroll to the community pool. Inside this light and bright 2-bedroom, 2-bath unit, you'll find tile flooring throughout, an open-concept kitchen with white cabinetry, a custom tile backsplash, a generous pantry, and views that flow into the dining and living areas. The primary bedroom includes an ensuite bath, while the guest bedroom—currently set up as a home office—offers flexibility along with a guest bath featuring an updated vanity. Additional highlights include a separate laundry room, ample closet space, and the convenience of a covered carport just steps from your front door. Recent updates include a newer AC and hot water heater. Furniture is negotiable—move in ready! This pet-friendly community is located outside the flood zone, so no flood insurance is required. With beautiful tree-lined streets and a welcoming atmosphere, Naples Keep in Palm River is ideal as a full-time residence or a perfect second home. Call today to schedule your private showing!
  1. Listed by Frank Ehrhardt • John R. Wood Properties • FEhrhardt@JohnRWood.com
  2. Listed by Sandy Cummings • John R. Wood Properties

Property Details for 138 Cypress Way East, Unit 404

Development
PALM RIVER
Building Design
Low Rise (1-3)
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
Landscaped Area, Pool/Club
Garage Spaces
.00
LISTING UPDATED: 01/10/2026 02:00 PM

Property Details for 138 Cypress Way East, Unit 404

StatusActive
MLS #225041160
Days on Market170
Taxes$457 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1988
CountyCollier County

Location

Listing Courtesy of John R. Wood Properties, Frank Ehrhardt; John R. Wood Properties, Sandy Cummings
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Building Information for 138 Cypress Way East, Unit 404

Building/Complex138 Cypress Way EFloor1Stories1Residences8Pet PolicyAllowedPet Policy DetailsCall,ConditionalYear Built1988

Payment Calculator

$1,135 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,097

Property Taxes

$38

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 138 Cypress Way East, Unit 404

Summary
Location and General Information
  • City: Naples
  • Human Modified: No
  • Latitude: 26.28
  • Longitude: -81.77
  • MLS Area Major: NA11 - N/O Immokalee Rd W/O 75
  • Pets: Limits, With Approval
  • Postal Code: 34110
  • Road Responsibility: Public Maintained Road
  • Street Direction Suffix: E
  • Street Name: Cypress
  • Street Number: 138
  • Street Suffix: WAY
  • Unit Number: 404
  • Full Address: 138 Cypress WAY E 404
Parking
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: .00
  • Garage: No
  • Parking Features: Assigned, One Space
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $150.00
  • Association Fee Total: $6,000.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Primary HOA Fee Freq: Quarterly
  • Maintenance: Cable Tv, Insurance, Irrigation Water, Legal Accounting, Maintenance Grounds, Other, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Street Lights
  • Association Mngmt Phone: 239-514-7432
  • Mandatory HOA: Yes
  • HOA Desc: Mandatory
  • Tax Annual Amount: $457.07
  • Tax Year: 2024
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Source of Measure Total Area: Appraiser
  • Development Name: PALM RIVER
  • Parcel Number: 62015000567
  • Property Type: Residential
  • Section: 23
  • Lot Unit: 404
  • Source of Measure Living Area: Appraiser
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.0
  • Lot Size Area: 0.0
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: NAPLES KEEP A CONDOMINIUM UNIT 404
Property and Assessments
  • Total Area: 1155.0
  • Rear Exposure: W
  • Approx Living Area: 1064.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Township: 48
  • Senior Community: false
  • Range: 25
  • Special Assessment: 0.00
  • Sub Condo Name: NAPLES KEEP
  • Year Built Numeric: 1988
  • Property Sub Type Additional: Condominium
  • Restrictions: Limited Number Vehicles, No Commercial, No Motorcycles, No Rv
Lease Information
  • Land Lease Fee: $.00
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Common Interest: Condominium
  • Num Unit Floor: 1
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 100
  • Stories: 2.0
  • Total Floors: 1
  • Total One Time Fees: $150.00
  • Units in Building: 8
  • Unit Location: 1
Interior and Exterior Features
Exterior Features
  • Architectural Style: Two Story, See Remarks, Low Rise
  • Association Amenities: Clubhouse, Pool, See Remarks, Sidewalks, Management
  • Canal Width: None
  • Community Features: Non Gated, Street Lights
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Security High Impact Doors, Patio
  • Exterior Features: Patio
  • Irrigation Source: Municipal
  • Patio And Porch Features: Lanai, Patio, Porch, Screened
  • Pool Features: Community
  • Private Pool: No
  • Roof: Shingle
  • Security Features: Smoke Detectors
  • Structure Type: Low Rise
  • Gulf Access: No
  • Spa: No
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Baths Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2.0
  • Beds Total: 2
  • Bedrooms: 2 Bed
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Furnished Desc: Partially
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Breakfast Bar, Built In Features, Bedroom On Main Level, Living Dining Room, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable Tv, Walk In Closets, Window Treatments, Split Bedrooms
  • Interior Features: Pantry, Walk-In Closet, Smoke Detectors, Window Coverings
  • Laundry Features: Inside
  • Levels: Two
  • Rooms Total: 0
  • Window Features: Impact Glass, Window Coverings
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 138 Cypress Way East, Unit 404

DateEvent & SourcePriceAppreciation
Sep 19, 2025

Price Change

FORTMLS #225041160

$250,000—
Apr 25, 2025

Listed (Active)

FORTMLS #225041160

$259,000—
Apr 23, 2025

Withdrawn

Naples Area Board of REALTORS #225003084

—
Mar 14, 2025

Price Change

Naples Area Board of REALTORS #225003084

$269,000—
Feb 28, 2025

Price Change

Naples Area Board of REALTORS #225003084

$274,900—
Jan 23, 2025

Price Change

Naples Area Board of REALTORS #225003084

$278,000—
Jan 10, 2025

Listed (Active)

Naples Area Board of REALTORS #225003084

$298,000—
Oct 25, 2013

Sold

Naples Area Board of REALTORS #213502359

$76,000—
Oct 14, 2013

Pending

Naples Area Board of REALTORS #213502359

—
Sep 11, 2013

Listed (Active)

Naples Area Board of REALTORS #213502359

$89,900—
DateEvent & SourcePrice
09/19/2025

Price Change

FORTMLS #225041160

$250,000
04/25/2025

Listed (Active)

FORTMLS #225041160

$259,000
04/23/2025

Withdrawn

Naples Area Board of REALTORS #225003084

—
03/14/2025

Price Change

Naples Area Board of REALTORS #225003084

$269,000
02/28/2025

Price Change

Naples Area Board of REALTORS #225003084

$274,900
01/23/2025

Price Change

Naples Area Board of REALTORS #225003084

$278,000
01/10/2025

Listed (Active)

Naples Area Board of REALTORS #225003084

$298,000
10/25/2013

Sold

Naples Area Board of REALTORS #213502359

$76,000
10/14/2013

Pending

Naples Area Board of REALTORS #213502359

—
09/11/2013

Listed (Active)

Naples Area Board of REALTORS #213502359

$89,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 138 Cypress Way East, Unit 404

Taxable ValueLand-Additions-Total-
Tax Record2020$411 ($34 / month)
Home Facts
Beds0Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStyleCondominiumYear Built1988Year Renovated1988CountyCOLLIERAPN62015000567

Schools near 138 Cypress Way East, Unit 404

This home is within Collier.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 11
Public - 9 to 12
Rating
School
Distance
Veterans Memorial Elementary School
PublicPK to 5

North Naples Middle School
Public6 to 8

Aubrey Rogers High School
Public9 to 11

Florida Virtual Course Offerings
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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138 Cypress Way East, Unit 404 is a condo for sale in Naples, FL 34110. This property was listed for sale on April 25, 2025 by John R. Wood Properties, it's currently listed at $225,000. It has been on the market for a total of 170 days and was last sold on October 25, 2013. This listing's school district is Collier. Nearby schools include Veterans Memorial Elementary School, North Naples Middle School and Aubrey Rogers High School. 138 Cypress Way East, Unit 404 is a 2-bed, 2-bath, 1,064 sqft condo built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John R. Wood Properties, Frank Ehrhardt; John R. Wood Properties, Sandy Cummings

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