East Naples

208 PALM Drive #5

$51,000

● Condo - Off Market

208 PALM Drive #5

Naples, FL 34112

2 Beds

2 Baths

1,010 Ft²

$106,913

RealtyHop Estimate

114.26%

Since Jan 1, 2010

National-US

Primary Model

About This Property

BANK OWNED.THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN PAYMENT. PROPERTY APPROVED FOR HOMEPATH MORTGAGE FINANCING AND HOMEPATH RENOVATION MORTGAGE FINANCING. This property is offered strictly "As Is". Priced right for you to spend days on the golf course with relatively low fees. Nine pools in the community, ten tennis courts, Bocci Ball and shuffle-board. Lots to do for the owner in this price community. Great location and near downtown.

Unit Size

1,010 Ft²

Days on Market

143 days

Land Size

Price per sqft

$49

Property Type

Condo

Property Taxes

$89

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago ( #209028205)

Price History

Date / Event	Date	Event
Mar 2, 2025	No longer available	-
No longer available
Feb 14, 2025	Price Decreased	$254,000 ↓ $10K (3.8%)
Price Decreased
Jan 27, 2025	Price Decreased	$264,000 ↓ $10K (3.7%)
Price Decreased
Jan 6, 2025	Price Decreased	$274,000 ↓ $10K (3.5%)
Price Decreased
Oct 13, 2024	Price Decreased	$284,000 ↓ $10K (3.4%)
Price Decreased
Aug 19, 2024	Temporarily off market	-
Temporarily off market
Aug 19, 2024	Listed by Realty One Group MVP	$294,000
Listed by Realty One Group MVP

	Gorgeous, updated first floor, end unit with large lanai facing the water and preserve. 2 bedroom, 2 bathroom condo in the bundled golf community of the Glades. Even includes a washer and dryer. The waterfall island offers a breakfast bar and an open concept kitchen. The kitchen has quartz counters, stainless steel appliances, and white cabinets. The flooring is updated throughout. The home has impact windows and doors. The Glades offers unlimited golf and few years ago the courses were completely redone too! The Pines is a par 70 course and the The Palmetto a par 55 course. The Glades is a very active community with many events, 9 swimming pools, newer tennis and pickleball courts, bocce, shuffleboard, pro shop, the 19th Hole Restaurant, and many year-round ongoing activities. Only a few miles from downtown Naples and the beaches as well as dining and shopping nearby too!
May 24, 2024	Listed by Realty One Group MVP	$294,000
Listed by Realty One Group MVP

	Gorgeous and renovated first floor, end unit, 2 bedroom, 2 bathroom condo in the bundled golf community of the Glades. The waterfall island offers a breakfast bar and is now an open concept kitchen. The kitchen has quartz counters, stainless steel appliances, and white cabinets. The flooring is updated throughout. The Glades offers unlimited golf and few years ago the courses were completely redone too! The Pines is a par 70 course and the The Palmetto a par 55 course. The Glades is a very active community with many events, 9 swimming pools, newer tennis and pickleball courts, bocce, shuffleboard, pro shop, the 19th Hole Restaurant, and many year-round ongoing activities. A few miles from downtown Naples and the beaches as well as dining and shopping nearby!
Feb 21, 2024	No longer available	-
No longer available
Jan 29, 2024	In contract	-
In contract
Dec 13, 2023	Relisted	$219,000
Relisted
Dec 12, 2023	In contract	-
In contract
Dec 5, 2023	Price Decreased	$219,000 ↓ $10K (4.4%)
Price Decreased
Oct 21, 2023	Relisted	$229,000
Relisted
Sep 27, 2023	No longer available	-
No longer available
Jul 21, 2023	Listed by Premiere Plus Realty, Co.	$229,000
Listed by Premiere Plus Realty, Co.

	Very nice first floor, end unit, with a water view, in the The Glades Golf & Country Club. Offered turnkey furnished, you can sit out on the large wrap around lanai and watch the wading birds and turtles all season long. Ownership in The Glades offers unlimited golf on two recently renovated Gordon Lewis designed golf courses. The Pines a par 70 course and the Palmetto a par 55 course. Other amenities in this active community include 9 swimming pools, brand new (2023) tennis and pickleball courts, bocce, shuffleboard, 19th Hole restaurant, pro shop and clubhouse with activities all year long. All of this is just 10 minutes from downtown 5th Avenues fine restaurants and boutique shops and of course pristine beaches. If you are a golfer, this is the best deal in town! The manager has listed the unit size as 1010 square feet.
Dec 28, 2009	Sold	Premium
Sold
Aug 7, 2009	Listed by L.H. Fleming & Company, Real Estate	$49,900
Listed by L.H. Fleming & Company, Real Estate

Property Highlights

Parking Available

Air Conditioning

Interior Details

Full Bathrooms: 2

Interior Features: See Remarks, MainLevelPrimary, None, CableTv

Appliances: Dishwasher, Disposal, Range, Refrigerator

Flooring Type: Carpet, Tile

Laundry Features: Common Area

Exterior Details

Has Property Attached

Square Footage: 1010

Security Features: None

Property Condition: Resale

Architectural Style: LowRise

Year Built: 1973

Waterfront Features: None

Building Area Total: 1010

Window Features: SingleHung

Construction Materials: Block, Concrete

Pool Features: Community

Lot Size Units: Acres

Tax Lot: 5

Water Source: Public

Financial Details

Tax Annual Amount: $1,063

Utilities Details

Cooling Type: Central Air, Electric

Heating Type: Central, Electric

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Water, RecreationFacilities

HOA/Condo/Coop Amenities: Laundry, Pool, Tennis Court(s), Management

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20250129 Unit 4 01/29/2025	4	2 Bed	2 Bath	1010 ft²	$198,000 2 Bed 2 Bath 1010 ft²	- -	Rhina Delgado LuxRe, LLC
20241228 Unit 3 12/28/2024	3	2 Bed	2 Bath	1030 ft²	$199,900 2 Bed 2 Bath 1030 ft²	- -	Susan Antonio Downing Frye Realty Inc.
20240524 Unit 5 05/24/2024	5	2 Bed	2 Bath	1010 ft²	$299,000 2 Bed 2 Bath 1010 ft²	- -	Kim Pojeta MVP Realty Associates LLC
20240125 Unit 4 01/25/2024	4	2 Bed	2 Bath	1010 ft²	$218,000 2 Bed 2 Bath 1010 ft²	- -	Rhina Delgado LuxRe, LLC
20230721 Unit 5 07/21/2023	5	2 Bed	2 Bath	1010 ft²	$229,000 2 Bed 2 Bath 1010 ft²	- -	Trip McNamara Premiere Plus Realty Co.
20190501 Unit 444 05/01/2019	444	2 Bed	2 Bath	1010 ft²	$135,000 2 Bed 2 Bath 1010 ft²	- -	-
20181221 Unit 443 12/21/2018	443	2 Bed	2 Bath	1010 ft²	$137,500 2 Bed 2 Bath 1010 ft²	- -	-
20170729 07/29/2017		2 Bed	2 Bath	1010 ft²	- 2 Bed 2 Bath 1010 ft²	- -	-
20090807 Unit 5 08/07/2009	5	2 Bed	2 Bath	1010 ft²	$49,900 2 Bed 2 Bath 1010 ft²	$51,000 +2.20% 12/28/2009	Robert Sievers L.H. Fleming & Company, Real Estate