$327,900
2 Bed Waterfront Home for Sale in Cascades
1940 Cascades Drive 5504, Naples, FL, 34112
About this home
Looking for your dream home in sunny Naples? This beautiful 2-bedroom, 2-bathroom condo in the sought-after Cascades of Falling Waters Community is ready to welcome you! With its charming design, stunning private lanai, and a vibrant array of community amenities, this home offers the ultimate Florida lifestyle. From relaxing by the pool to enjoying world-class beaches, this is paradise living at its best! Take a dip in the spectacular resort-style pool, one of the largest in the area, and spend your days relaxing poolside in the sunshine. Whether you’re an avid tennis player or prefer the fun of bocce ball, the community’s tennis courts and bocce ball courts offer plenty of opportunities to stay active and social. The clubhouse is the heart of the community, offering a space for gatherings, parties, and fun social events. Meet new friends, enjoy local activities, and embrace the warm and friendly community vibe. The Falling Waters Community offers everything you need for a fun, active, and relaxing life in Naples. Plus, with fabulous beaches, vibrant dining, and endless opportunities for outdoor adventures just around the corner, you’ll feel like you’re on vacation every day. Schedule your private tour today and start living the dream in beautiful Naples, Florida!
Property details
- Type
- Condominium
- Year built
- 1995
- Interior
- 1,351 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 48
- Total association fees
- $8,400/yr (~$700/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,591/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- 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 10 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 |
|---|---|---|---|---|---|
| 2462 Hidden Lake Drive 201 | Feb 2026 | $300,000 | 2/2 | 1,237 | $243 |
| 1635 Windy Pines Drive 2408 | May 2026 | $330,000 | 2/2 | 1,349 | $245 |
| 1655 Windy Pines Drive 2207 | Dec 2025 | $330,000 | 2/2 | 1,349 | $245 |
| 1625 Windy Pines Drive 5 | Nov 2025 | $280,000 | 2/2 | 1,349 | $208 |
| 1625 Windy Pines Drive 1202 | Apr 2026 | $310,000 | 2/2 | 1,349 | $230 |
| 2324 Hidden Lake Drive 609 | Mar 2026 | $365,000 | 2/2 | 1,237 | $295 |
| Average | 6 comps | $319,167 | $244 |
Market trends, Cascades
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $9,900 (3%) from the original list price.
| Jan 31, 2026 | Sold | $318,000 |
| Dec 16, 2025 | Back on market | |
| Nov 21, 2025 | Listed | $327,900 |
The good, the trade-offs & the location
- Waterfront
- Built 1995 — pre-2002 construction may carry older wind codes and higher insurance
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.