See Home Value
$950,000
● House - Off Market

409 Cypress Way E

Naples, FL 34110
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,381 Ft²
$6,082
Est. Monthly
6.36%
Cap Rate

About This Property

Welcome to 409 Cypress Way East, an exquisite custom home in sought after Palm River Estates, Naples, FL, masterfully remodeled by Latitude 26 Builders. Nestled in a central community with no mandatory HOA, this residence offers sunset golf course views and proximity to the beach, dining, and entertainment.

This elegant 4-bedroom, 3-bathroom home spans 2,777 square feet and boasts contemporary finishes with modern updates. The open floor plan includes a separate office and features new plumbing, electrical wiring, and interior walls. Designer touches such as custom Lutron lighting, remote sunshades, and Italian Santa Margherita Grigio Nube Quartz countertops elevate the space. High-end appliances, an induction cooktop, and soft-close cabinets enhance the gourmet kitchen.

Enjoy the luxury of impact windows, a new metal roof, and a high-efficiency GE washer/dryer. The Western exposure fills the home with natural light and stunning sunset views. The expansive 14,374-square-foot estate sized lot offers a private oasis with a new paver patio, electric pool heater, and lush St. Augustine sod. Relax by the private pool or explore nearby white sand beaches and vibrant Mercato for shopping and dining. This pet-suitable fully fenced haven includes an attached garage, central AC and heating, and ample parking. Experience the ultimate in privacy and elegance.
Unit Size
2,381 Ft²
Days on Market
281 days
Land Size
0.33 acres
Price per sqft
$454
Property Type
House
Property Taxes
$779
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

Last updated: 2 years ago ( #224090023)

Price History

Date / Event Date Event Price
Aug 15, 2025 Sold
Sold
May 25, 2025 In contract -
In contract
Dec 25, 2024 Relisted $1,080,000
Relisted
Nov 30, 2024 Withdrawn -
Withdrawn
Nov 7, 2024 Listed by Compass Florida LLC $1,080,000
Listed by Compass Florida LLC
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Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 2,381
  • Gross Building Area: 2,381
  • Building Area: 2,381
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,381
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM RIVER ESTATE UNIT 5
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: PALM RIVER EST UNIT 5 BLK H LOT 2

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010108

Zoning

  • Zoning: RSF-3

Geography

  • Assessors Map Reference: 3A23
  • Subdivision Tract Number: 534400
  • Parcel: 65420880007
  • Block: H
  • Lot: 2
  • Meridian: SEC 23 TWN 48 RNG 25
  • Municipality: COUNTY COLLIER
  • Latitude: 26.282
  • Longitude: -81.7709

    Address

  • Full Address: 409 Cypress Way E
  • Legal Unit: 5
  • Address - House Number: 409
  • Street Segment Direction: E
  • Address - Street Name: Cypress
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Naples
  • Carrier Code: R053
  • 4-Digit Zip Code: 1107
  • Zip Code: 34110

Valuation

    Tax

  • Total Area: 2,836
  • Tax Year: 2022
  • Tax Amount: $856,410
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 59

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 1,175,806
  • High Value: 1,459,711
  • Low Value: 891,902

    Market Valuation

  • Market Total Value: $787,749
  • Market Land Value: $340,290
  • Market Improvement Value: $447,459

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $787,749
  • Assessed Land Value: $340,290
  • Assessed Improvements Value: $447,459

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Mar 13, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6018040
  • Previous Sale Recording Date: Dec 15, 2020
  • Previous Sale Contract Date: Dec 14, 2020
  • Previous Sale Amount: $645,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Naples


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Frequently Asked Questions

When was property at 409 Cypress Way East built and last sold?
The property at 409 Cypress Way East was built in 1973 and last sold on Mar 11, 2021 for $725,000.
How much is this home worth?
The estimated value of the home located at 409 Cypress Way East is $0.
What are some comparable homes to 409 Cypress Way East?
There are currently no comparable homes to 409 Cypress Way East.