$625,000
3 Bed 2 Bath SingleFamilyResidence for Sale in PALM RIVER ESTATES, FL
509 Cypress Way, Naples, FL, 34110
About this home
One or more photo(s) has been virtually staged, AI generated or rendered. Whether you’re searching for a full-time family home, a seasonal Florida retreat, or an investment property with unlimited rental potential, this rarely available single-family residence offers exceptional versatility and value. Boasting nearly 2,200 square feet of thoughtfully designed living space, this single-story home features 3 bedrooms plus a flexible den/home office that is currently open to the primary suite but can easily be enclosed to create a nursery, private office, fitness room, or sitting area. Step inside to an inviting open-concept floor plan where the living room, dining area, and kitchen flow seamlessly together, creating the ideal space for both everyday living and entertaining. A wall of sliding glass doors fills the home with natural light and opens to a spacious screened lanai overlooking a private, tropical backyard—perfect for enjoying Southwest Florida’s indoor-outdoor lifestyle. The kitchen overlooks a comfortable family room, while the split-bedroom floor plan provides privacy for owners and guests alike. Two guest bedrooms share a full bath, making the layout ideal for families, visiting friends, or seasonal residents. Recent updates include newer flooring throughout the main living areas and an updated primary bath featuring a stylish white vanity and a beautifully tiled walk-in shower. The windows have been replaced with hurricane impact and there is an accordion shutter to protect the sliding doors. Located in the highly desirable Palm River area served by top-rated schools, this home appeals to families seeking an excellent educational environment, seasonal homeowners looking for a low-maintenance Florida getaway with no HOA obligations, and investors seeking maximum flexibility with no rental restrictions. Enjoy the freedom of homeownership without HOA fees, rental limitations, or unnecessary rules—an increasingly rare find in today’s Naples market.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1986
- Interior
- 2,177 sqft
- Lot size
- 11,761.2 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 5
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,750/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
- Yes
- County
- Collier
Based on the $/sqft of 3 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 |
|---|---|---|---|---|---|
| 13270 Wedgefield Drive 14 | Mar 2026 | $650,000 | 2/2 | 2,056 | $316 |
| 579 Raven Way | Mar 2026 | $685,000 | 3/2 | 2,100 | $326 |
| 159 Coral Vine Drive | Nov 2025 | $675,000 | 3/2 | 2,091 | $323 |
| Average | 3 comps | $670,000 | $322 |
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 $35,000 (5.6%) from the original list price.
| Jul 6, 2026 | Sold | $590,000 |
| Jun 11, 2026 | Listed | $625,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1986 — 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.