$225,000
2 Bed Condominium for Sale in Naples Keep, FL, $225,000
138 Cypress Way 404, Naples, FL, 34110
About this home
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!
Property details
- Type
- Condominium
- Year built
- 1988
- Interior
- 1,064 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 214
- Total association fees
- $6,000/yr (~$500/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,150/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- 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 7 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 |
|---|---|---|---|---|---|
| 134 Cypress Way 301 | Mar 2026 | $210,000 | 2/2 | 1,064 | $197 |
| 141 Wading Bird Circle G102 | Jul 2026 | $212,000 | 2/2 | 990 | $214 |
| 168 Pebble Shores Drive 102 | Sep 2025 | $235,000 | 2/2 | 1,042 | $226 |
| 186 Pebble Shores Drive 202 | May 2026 | $226,000 | 2/2 | 1,115 | $203 |
| 186 Pebble Shores Drive 203 | May 2026 | $212,000 | 2/2 | 1,042 | $203 |
| 192 Pebble Shores Drive 104 | Aug 2025 | $254,000 | 2/2 | 1,132 | $224 |
| Average | 6 comps | $224,833 | $211 |
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.
Price & status history
Down $43,000 (16.6%) from the original list price.
| Mar 27, 2026 | Sold | $216,000 |
| Jan 2, 2026 | Price reducedfrom $239,900 | $225,000 |
| Nov 7, 2025 | Back on market | |
| Apr 25, 2025 | Listed | $259,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
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.