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Offered at $172,500Active
beds
1
baths
1
sq ft
900
Built
1989

531 Cheetah Drive #531

Naples, FL 34114

About this home

This home is the essence of resort-style living at an affordable price. Plus, it is a location where you also OWN the LAND! Thank you for viewing 531 Cheetah Drive in the Imperial Wilderness Condominium Association of Naples, FL. This community was never flooded. It is well-known for its outstanding maintenance, friendly residents, and strong sense of community. This 1Br/1Ba home is situated on the large lake and offers phenomenal water views from the entire rear of the home. In 2024 a new A/C was installed. Additionally, this unit was cleaned and checked in January of 2026. In 2025, a new dishwasher was installed. The home is being sold furnished and contains laminate, vinyl, and ceramic flooring. You will appreciate the numerous windows that not only provide tremendous views but allow ample sunlight to fill the rooms. If you’ve been considering owning a home and land in Naples, Florida, this could be the exact place for you! Don’t spend any more time suffering in the cold; live Florida Life now! The community of IWCA is brilliantly located. It is approximately 3 miles to shopping and restaurants, 11 miles to the Naples beaches, and 8 miles to the Marco Island beaches. Airport access is also easily attainable— a 45-minute drive (RSW). Maximizing the opportunity to affordably own property in Naples, FL, the HOA fee of $898. per quarter is exceptionally reasonable. That fee covers many of your needs: the advantage of a gated community, water, sewer, lawn care, basic cable, trash, recycling, and community amenities. Community amenities include 2 pools with spas, bocce, pickleball, pétanque, tennis, shuffleboard, billiards, ping pong, a library, clubhouse, 2 dog parks (1 pet, 40lb. max.), nature trail, and an extremely active events calendar— there are over 100 activities available per week! You can be as active or low key as you choose to be.

Listing last checked: Listing updated:

Listed by Joe Berardi · Waterfront Realty Group Inc · MLS #226030838

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Vinyl
Building4 property facts
Style
Condominium
Year built
1989
Garage
0
Roof
RoofOver
Land & utilities3 property facts
Lot size
0.06 acres
Water
Public
Sewer
Public Sewer
Financial3 property facts
Annual taxes
$1,100
Assessment year
2026
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $172,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$964 / monthAdjust
Principal & interest
$872
Property tax
$92
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,100. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $172,500 · Jan 30, 2026

  2. Sld

    $205,000 · Sold $192,500 · Oct 25, 2023

More property insights

Comparable properties 1 supplied

Sold Sep 8, 2026

$164,000

324 Imperial Wildern Boulevard #324

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About 531 Cheetah Drive #531

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Request a tour of 531 Cheetah Drive #531 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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