$230,000
2 Bed Waterfront Home for Sale in Naples
123 Palm Drive 2865, Naples, FL, 34112
About this home
Cozy and modern 2-bedroom, 2-bathroom apartment with a carport and storage, just minutes from beautiful downtown Naples, 5th Avenue, and its famous white-sand beaches. The unit has been completely upgraded and features quartz countertops. From the privacy of Lanai, you can enjoy views of the golf course. You can walk to Walmart, Home Depot, Bells, and more. This is definitely the opportunity to call this place home sweet home.
Property details
- Type
- Condominium
- Year built
- 1983
- Interior
- 981 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 171
- Total association fees
- $6,800/yr (~$567/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,220/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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 |
|---|---|---|---|---|---|
| 2005 PINE ISLE Lane 2005 | Mar 2026 | $210,000 | 2/2 | 1,132 | $186 |
| 3655 Boca Ciega Drive 108 | Mar 2026 | $230,000 | 2/2 | 1,000 | $230 |
| 2060 Pine Isle Lane 2060 | Jan 2026 | $215,000 | 2/2 | 1,132 | $190 |
| 2056 PINE ISLE Lane 2056 | Nov 2025 | $215,000 | 2/2 | 1,006 | $214 |
| Average | 4 comps | $217,500 | $205 |
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 $30,000 (11.5%) from the original list price.
| Aug 25, 2026 | Price reducedfrom $240,000 | $230,000 |
| Mar 7, 2026 | Listed | $260,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1983 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- 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.