$335,000
2 Bed Condominium for Sale in Naples, FL, $335,000
124 Penny Lane 5, Naples, FL, 34112
About this home
Welcome to 124 Penny Lane #5, a beautifully renovated first-floor condo overlooking the 12th fairway of the Pines Course. Tastefully decorated throughout, this inviting residence features tile flooring, beautifully updated bathrooms and a renovated white kitchen with a large serving bar and under-counter front-loading washer and dryer. The screened lanai and bonus outdoor patio with a grill provide wonderful spaces for relaxing or entertaining while enjoying the golf course view. The Glades Golf & Country Club offers two golf courses, 12 pickleball courts, Har-Tru tennis courts, bocce, shuffleboard, nine swimming pools, the 19th Hole Restaurant, Pro Shop and a clubhouse filled with social activities. Conveniently located just minutes from downtown Naples, beautiful Gulf beaches, restaurants and shopping. Offered at $335,000. Seller discloses that the hurricane shutters on the lanai are not operational and will not be repaired or replaced by the seller. Do not attempt to lower them. Realtors please read the Confidential Remarks.
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 1,532 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 0
- Total association fees
- $13,992/yr (~$1,166/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,690/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 6 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 107 Round Key Circle E9 | Oct 2025 | $365,000 | 2/2 | 1,440 | $253 |
| 500 Teryl Road 2312 | Apr 2026 | $315,000 | 2/2 | 1,403 | $225 |
| 2480 Andrew Drive | Jan 2026 | $300,000 | 2/1 | 1,709 | $176 |
| 219 Memory Lane 3 | Oct 2025 | $325,000 | 2/2 | 1,582 | $205 |
| 4305 Beechwood Lake Drive | Feb 2026 | $360,000 | 3/2 | 1,680 | $214 |
| 292 Winners Circle 2776 | Oct 2025 | $355,000 | 3/2 | 1,542 | $230 |
| Average | 6 comps | $336,667 | $217 |
Market trends — Naples
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.
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$13,992/yr)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.