East Naples

111 Palm Drive #5

$205,000

● Condo - Off Market

111 Palm Drive #5

Naples, FL 34112

2 Beds

2 Baths

981 Ft²

$1,729

Est. Monthly

$583

HOA / Fees

10.87%

Cap Rate

About This Property

Welcome home to your slice of Gulf Coast Paradise in this ground floor, split 2BR 2 BA, well maintained clean condo with hard to find assigned covered parking and a huge 8.5' x 5.5' private storage unit. Naples Sunrise features a community pool and all new roofing July 2024!

Unit Size

981 Ft²

Days on Market

101 days

Land Size

Price per sqft

$224

Property Type

Condo

Property Taxes

$65

HOA Dues

$583

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (SWFLMLS #224062871)

Price History

Date / Event	Date	Event
Nov 8, 2024	Sold	Premium
Sold
Sep 16, 2024	In contract	-
In contract
Sep 7, 2024	Price Decreased	$219,900 ↓ $10K (4.4%)
Price Decreased
Aug 22, 2024	Price Decreased	$229,900 ↓ $10K (4.2%)
Price Decreased
Jul 25, 2024	Listed by Southwest Coast Realty, Inc.	$239,900
Listed by Southwest Coast Realty, Inc.
Dec 30, 2011	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Parking Details

Parking Features: Covered, Detached Carport

Covered Spaces: 1

Interior Details

Bedrooms: 2

Full Bathrooms: 2

Interior Features: Built In Features, Living Dining Room, Split Bedrooms, Tub Shower, Cable Tv, Bar, Walk In Closets

Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer

Flooring Type: Carpet, Tile

Living Area Square Feet Source: Appraiser

Laundry Features: Inside

Exterior Details

Road Frontage Type: PrivateRoad

Property Condition: Resale

Year Built: 1983

Waterfront Features: None

Home Type: Residential

Architectural Style: See Remarks, Low Rise

Roof: BuiltUp, Flat, Shingle

Window Features: Other, Impact Glass

Construction Materials: Block, Concrete, Stucco

Outdoor Living Structures: Lanai, Porch, Screened

Pool Features: Community

ZeroLotLine

Lot Size Source: Appraiser

Financial Details

Tax Year: 2023

Tax Annual Amount: $782

Utilities Details

Cooling Type: Central Air, Electric

Heating Type: Central, Electric

Utilities: Cable Available, High Speed Internet Available

Location Details

Association Fee Includes: AssociationManagement, CableTv, MaintenanceGrounds, RecreationFacilities, Sewer, Water

Association Amenities: Pool, See Remarks, Storage

Association Fee3: $1,750

Association Fee3 Frequency: Quarterly

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20240725 Unit 5 07/25/2024	5	2 Bed	2 Bath	981 ft²	$239,900 2 Bed 2 Bath 981 ft²	$205,000 -14.55% 11/08/2024	Kenneth O'Brian Southwest Coast Realty, Inc.
20230331 Unit 2854 03/31/2023	2854	2 Bed	2 Bath	1100 ft²	$289,000 2 Bed 2 Bath 1100 ft²	- -	Raymond Cabral MVP Realty Associates LLC
20230120 Unit 2851 01/20/2023	2851	2 Bed	2 Bath	981 ft²	$289,900 2 Bed 2 Bath 981 ft²	- -	Mark W Simoff Downing Frye Realty Inc.
20201203 Unit 2852 12/03/2020	2852	2 Bed	2 Bath	981 ft²	$135,000 2 Bed 2 Bath 981 ft²	- -	-
20180530 05/30/2018		2 Bed	2 Bath	981 ft²	- 2 Bed 2 Bath 981 ft²	- -	-

Building Info

111 Palm Drive 111 Palm Drive, Naples, FL 34112

More about this Building

Want to find out who owns 111 Palm Drive, Naples, FL 34112? Get detailed property transactions here.

About East Naples

Stats & Trends

Median Asking:

$487,000

Sale Price/ft²

$317

Below Asking

0.04%

Average Days on Market

Average Home Size

1626 ft²

Average Home Age

33.2 years

Currently For Sale

407 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Listed by: Kenneth O'Brian, Southwest Coast Realty, Inc.
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224062871

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.