2 Bed 2 Bath Condominium for Sale in SUNRISE III, FL
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SoldMLS# 225068786

$199,900

2 Bed 2 Bath Condominium for Sale in SUNRISE III, FL

190 Palm Drive 5, Naples, FL, 34112

2 beds2 baths1,251 sqft
GatedCommunity Pool

About this home

INVESTORS - PAY ATTENTION - SELLER IS MOTIVATED FOR ALL REASONABLE OFFERS!!! Seller is prepared to offer favorable pricing in exchange for a cash, quick-close offer. Comfortable & spacious 2-Bedroom, 2-Bath Condo - 1st floor - freshly painted - 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.

Property details

Type
Condominium
Year built
1984
Interior
1,251 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
127
Total association fees
$5,900/yr (~$492/mo)
CDD
None
Est. taxes (1.4%)
$2,799/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Collier

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementInsuranceLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

PoolSidewalksManagement
At marketThis home is priced in line with comparable recent sales.
This home
$160/sqft
Comp median
$152/sqft
Difference
+5%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
142 Palm Drive 3007Jun 2026$225,0002/21,251$180
135 Palm Drive 12Apr 2026$179,0002/21,180$152
550 Teryl Road 7Apr 2026$199,0002/21,403$142
Average3 comps$201,000$158

Market trends — Naples

Median list
$679,400
Median $/sqft
$371
Median sold (90d)
$620,000
Avg days on market
109
Active listings
4,190
Median sold price · Naples
$625,000last 3 months1.6% vs $635,000 prior 3 months
Median closed price by month · Naples
0.4% MoM10.1% YoY
$530k$599k$668kJul ’25Jul ’26
$627,500Jul ’26 · 361 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $99,000 (35.5%) from the original list price.

Feb 6, 2026Sold$180,000
Jan 18, 2026Price reducedfrom $229,000$199,900
Jan 18, 2026Back on market
Sep 12, 2025Listed$279,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
2.9 mi
NCH Baker Hospital (Naples)
Beach
3 mi
Naples Pier / Beach
Airport
2 mi
Naples Airport
Shopping
3.1 mi
Coastland Center (Naples)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.