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5040 Cedar Springs Dr

Naples, FL 34110

2 bd 2 ba 1,470 sqft Built 1999 condos
Most recent sale
$420,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $420,000 MLS #222045262
Jun 15, 2022 Listed $449,000 MLS #2221483
Nov 8, 2019 Sold $213,500 MLS #2191955
Sep 13, 2019 Price changed $230,000 MLS #219055281
Aug 21, 2019 Listed $235,000 MLS #219055281
Apr 19, 2017 Sold $224,900 MLS #217004772
Feb 10, 2017 Price changed $224,900 MLS #217004772
Jan 15, 2017 Listed $234,900 MLS #217004772
Aug 1, 2011 Listing removed $295,000 Naples
May 21, 2007 Listed $295,000 MLS #207025816
Oct 27, 1999 Sold $121,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $305,350 $305,350 $2,529
2024 $305,350 $305,350 $2,551
2023 $342,100 $342,100 $2,973
2021 $191,160 $191,160 $2,087
2020 $201,450 $201,450 $2,177
2019 $201,450 $201,450 $2,194
2018 $201,450 $201,450 $2,190
2017 $205,860 $205,860 $2,256
2016 $143,777 $1,158
2015 $142,778 $1,169
2014 $141,645 $1,170
2013 $139,552 $1,166
2012 $139,552 $1,130
2011 $143,869 $1,220
2010 $143,869 $1,701
2009 $159,885 $1,815
2008 $188,101 $2,011

Property facts

Year built
1999
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,470 sqft
Lot size
ZIP code
34110
City
Naples
Street
Cedar Springs Dr
Coordinates
26.27378, -81.74834

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,720
Gross rental yield
7.77%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 5040 Cedar Springs Dr last sell?
5040 Cedar Springs Dr most recently sold on Aug 18, 2022 for $420,000.
What is the current tax assessment for 5040 Cedar Springs Dr?
The most recent total assessment for 5040 Cedar Springs Dr (year 2025) is $305,350 with $2,529 in property tax.
How does 5040 Cedar Springs Dr's assessment compare to its last sale price?
The current assessment is 27.3% below the last sale price of $420,000.
When was 5040 Cedar Springs Dr built?
5040 Cedar Springs Dr was built in 1999.
How does 5040 Cedar Springs Dr compare to others on Cedar Springs Dr?
We track 8 other properties on Cedar Springs Dr. Browse the list under "Other properties on Cedar Springs Dr" to compare beds, baths, and sale history.
What are the property facts for 5040 Cedar Springs Dr?
5040 Cedar Springs Dr is a 2 bed, 2 bath, 1,470 sqft condos.
Is 5040 Cedar Springs Dr a flip candidate?
No — 5040 Cedar Springs Dr does not appear in our flips dataset.
Is 5040 Cedar Springs Dr a tax-appeal candidate?
No — 5040 Cedar Springs Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$1.31M
2026 Q4
$1.31M
ZIP 34110 — Median Price History + Forecast

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