509 Cypress WAY E, Naples, FL, 34110 | $625,000

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 over 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.

Features

  • Amenities: None
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: PALM RIVER ESTATES
  • Year Built: 1986
  • Garage: 2-car Attached
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 2,177
  • Acreage: 0.27
  • Est. Taxes: $5,634
  • Lot Desc: Regular
  • View: Landscaped Area
  • Community Type: Non-Gated
  • Elem. School: VETERANS MEMORIAL ELEMENTARY
  • Middle School: NORTH NAPLES MIDDLE
  • High School: AUBREY ROGERS HIGH SCHOOL
  • Pet Policy: No Approval Needed
  • MLS#: 226021892
  • Website: https://www.raveis.com
    /prop/226021892/509cypresswaye_naples_fl?source=qrflyer
Copyright © 2026  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of John R Wood Properties

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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509 Cypress WAY E, Naples, FL, 34110

$625,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment $470 $470 $470
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,995 $3,157 $4,119
Total Monthly Payment $3,557 $3,719 $4,681

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.