See Home Value
$465,000
● House - Off Market

5405 Freeport Lane

Naples, FL 34119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,983 Ft²
$4,398
Est. Monthly
$1,705
HOA / Fees

About This Property

Located in the highly desirable Island Walk community of Naples, this single-family home offers a rare opportunity for buyers seeking value, location, and the ability to renovate to their own taste. The home is situated on a peaceful interior lot with lake views, mature landscaping, and a spacious paved outdoor patio overlooking the water.

Inside, the layout features an open living and dining area, vaulted ceilings, and a split bedroom floor plan. The kitchen opens to the main living space with a breakfast bar and ample cabinetry. The primary suite offers generous space and a private bath, while additional bedrooms provide flexibility for guests, office, or hobby space. The home includes a two-car garage and interior laundry.

All systems, finishes, and fixtures are original, and the property is being sold AS IS. This home requires updating and renovation, making it ideal for buyers, investors, or end users looking to customize and add value in a well-established community.

Island Walk is known for its resort-style amenities, including a staffed gatehouse, clubhouse, pools, fitness center, tennis, bocce, miles of walking paths, and scenic bridges over lakes and waterways. Conveniently located close to shopping, dining, healthcare, and Naples beaches.

This is a solid opportunity for buyers who understand potential and want to renovate in one of North Naples' most popular communities.
Unit Size
1,983 Ft²
Days on Market
92 days
Land Size
0.25 acres
Price per sqft
$252
Property Type
House
Property Taxes
$237
HOA Dues
$1,705
Year Built
1999

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago ( #226003238)

Price History

Date / Event Date Event Price
May 5, 2026 Sold
Sold
Apr 24, 2026 In contract -
In contract
Apr 20, 2026 Price Decreased $500,000
↓ $50K (9.1%)
Price Decreased
Mar 10, 2026 Price Decreased $550,000
↓ $25K (4.4%)
Price Decreased
Jan 20, 2026 Listed by John R Wood Properties $575,000
Listed by John R Wood Properties
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 3
  • 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: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,983
  • Gross Building Area: 1,983
  • Building Area: 1,983
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,983
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISLANDWALK PHASE 1
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: ISLANDWALK PHASE ONE LOT 233

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010435

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 3B33
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 426250
  • Parcel: 52250006145
  • Lot: 233
  • Meridian: SEC 33 TWN 48 RNG 26
  • Municipality: COUNTY COLLIER
  • Latitude: 26.2491
  • Longitude: -81.718

    Address

  • Full Address: 5405 Freeport Ln
  • Address - House Number: 5405
  • Address - Street Name: Freeport
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Naples
  • Carrier Code: R160
  • 4-Digit Zip Code: 9517
  • Zip Code: 34119

Valuation

    Tax

  • Total Area: 2,354
  • Tax Year: 2022
  • Tax Amount: $285,527
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 754,679
  • High Value: 930,479
  • Low Value: 578,878

    Market Valuation

  • Market Total Value: $491,671
  • Market Land Value: $163,284
  • Market Improvement Value: $328,387

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $279,219

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 1999
  • Current Sale Recording Date: Aug 03, 1999
  • Current Sale Price:
  • Current Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: VAR
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 Urban Estates


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1156 Oakes Boulevard, Naples, FL, 34119

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,554 ft²
1156 Oakes Boulevard, Naples, FL, 34119 Listing by Cheri Anne DeMonico
Unit for rent at 5632 Whisperwood Boulevard, Naples, FL, 34110

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,856 ft²
5632 Whisperwood Boulevard #1601, Naples, FL, 34110 Listing by Cheri Anne DeMonico
Unit for rent at 1638 Triangle Palm Terrace, Naples, FL, 34119

$8,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,028 ft²
1638 Triangle Palm Terrace, Naples, FL, 34119 Listing by Rebecca Oros


Frequently Asked Questions

When was property at 5405 Freeport Lane built and last sold?
The property at 5405 Freeport Lane was built in 1999 and last sold on Jul 22, 1999 for $208,400.
How much is this home worth?
The estimated value of the home located at 5405 Freeport Lane is $0.
What are some comparable homes to 5405 Freeport Lane?
There are currently no comparable homes to 5405 Freeport Lane.

Neighborhoods