3 Bed 2 Bath SingleFamilyResidence for Sale in PALM RIVER ESTATES, FL
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SoldMLS# 226021892

$625,000

3 Bed 2 Bath SingleFamilyResidence for Sale in PALM RIVER ESTATES, FL

509 Cypress Way, Naples, FL, 34110

3 beds2 baths2,177 sqft2 garage
Gated

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
Below marketThis home is priced below comparable recent sales — a potential value.
This home
$287/sqft
Comp median
$323/sqft
Difference
-11%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
13270 Wedgefield Drive 14Mar 2026$650,0002/22,056$316
579 Raven WayMar 2026$685,0003/22,100$326
159 Coral Vine DriveNov 2025$675,0003/22,091$323
Average3 comps$670,000$322

Market trends — Naples

Median list
$679,400
Median $/sqft
$371
Median sold (90d)
$620,000
Avg days on market
109
Active listings
4,190
Median sold price · Naples
$625,000last 3 months1.6% vs $635,000 prior 3 months
Median closed price by month · Naples
0.4% MoM10.1% YoY
$530k$599k$668kJul ’25Jul ’26
$627,500Jul ’26 · 361 sales

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, 2026Sold$590,000
Jun 11, 2026Listed$625,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
8.1 mi
Physicians Regional (Naples)
Beach
3.2 mi
Vanderbilt Beach (Naples)
Airport
9.3 mi
Naples Airport
Shopping
2.5 mi
Mercato (Naples)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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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.