Community location

Falling Waters, South Naples · Naples, Florida

Updated
Sold $250,000 – $550,000 past 18 months
Asking now $299,000 – $350,000
Annual fees $7,800 – $8,300 middle range
Property tax rate 1.04% about $2,800 a year on a $337,500 condo, no exemptions applied
Homes built 1992–2007 across 786 homes
Primary residence 24% of homes claimed as one
My community rating 3.5

Sold, property tax rate, homes built and primary residence are from county records.

Type, amenities & maintenance

Community type

Amenities

What your fees pay for in Falling Waters — the amenities available here, and the maintenance and services behind them.

Subdivisions and buildings in Falling Waters may also have amenities of their own.

Maintenance

Fees in Falling Waters typically cover lawn and grounds maintenance, cable, street lighting, exterior pest control, water, street maintenance, recreational facilities, trash removal, and irrigation water.

Building types, pets & leasing

Pets

Pets are allowed in Falling Waters. The terms, such as how many pets and what size, can differ from one subdivision or building to the next.

Conditions differ here: some allow pets with limits and some require association approval. Where limits are stated they run to 2 pets and 35 lb.

Leasing

The minimum lease is 28 or 30 days, depending on the home.

Restrictions

Restrictions on record here include no RVs.

Homes for sale in Falling Waters

Looking for something specific in Falling Waters? Refine these homes by type, beds, price, fees, and more.

Refine your search · 14 homes

Subdivisions & buildings in Falling Waters

What each part of Falling Waters is, what it costs, and what is available there now.

Subdivisions and buildings in Falling Waters, with type, asking and sold prices, and the annual fee. Sortable by any column.
Amelia Lake 3 for sale Low-rise condo $345,000–$349,000 $295,000–$405,000 $8,300
Cascades 4 for sale Low-rise condo $329,000–$339,900 $300,000–$439,900 $8,000
Falling Waters Low-rise condo — $267,500–$315,000 $8,400
Jasmine Court 1 for sale Low-rise condo $325,000 $250,000–$329,000 $8,100
Magnolia Cove Attached villa — $445,000–$550,000 $12,300
Magnolia Falls 4 for sale Low-rise condo $329,900–$339,999 $330,000–$465,000 $7,800
Orchid Falls Low-rise condo — $265,000–$365,000 $8,300
Rosewood 2 for sale Low-rise condo $299,000–$350,000 $250,000–$330,000 $7,600
Water Crest Low-rise condo — $240,000–$415,000 $9,200

Asking prices are for homes for sale now. Sold prices are closings in the past 18 months. Annual fees are the typical fees across homes on the market, under contract, or sold in the past 18 months.

Destinations & driving times from Falling Waters

Falling Waters is 4.8 miles from downtown at Fifth Avenue South, about 10 minutes by car. The nearest beach access is Naples Beach at 5th Ave. S., 5.4 miles, about 11 minutes by car. It is 13 minutes to Third Street South for dining and shopping, and 9 minutes to Gulfshore Playhouse for the performing arts and Sugden Regional Park for parks and recreation. Southwest Florida International Airport (RSW) is about 44 minutes away.

Every destination named here is described in the Destinations chapter of the 2027 Naples Buyer’s Guide.

Driving times are estimated from the community’s mapped center or primary access point, using OpenStreetMap road data.

Dining & Shopping near Falling Waters, by driving distance
NameMilesETA
Fifth Avenue South 4.8 mi 10 min
Third Street South 5.9 mi 13 min
Coastland Center 6.9 mi 14 min
Venetian Village 9 mi 18 min
Waterside Shops 9.9 mi 19 min
Galleria Shoppes at Vanderbilt 10.4 mi 20 min
Mercato 12.7 mi 23 min
Miromar Outlets 22.7 mi 31 min
Coconut Point 23.4 mi 35 min
Gulf Coast Town Center 27.1 mi 35 min

Sales history · 18 months

Over the past 18 months the county recorded 52 condo sales at a median of $337,500 in Falling Waters.

Condo
$337,500 1,351 sq ft
median of 52 sales · 786 homes
25th $300,000 75th $384,000
May 2025 $290,000 – $415,000 monthly median Oct 2026

Types follow county records, which classify by how a home is owned rather than how it is built. Attached villas and townhouses appear within them according to how each home is deeded.

Source: Collier County Property Appraiser · 18 months to September 2026 · October 2026 from closed sales reported to M.L.S. of Naples, Inc.; county records for those months are still being finalized.

Flood zones & evacuation

0% of homes in Falling Waters sit on a lot mostly inside a FEMA Special Flood Hazard Area, where a federally backed mortgage requires flood insurance — measured across 786 mapped homes, and 7% sit on a lot that crosses the line, so it varies from home to home. For hurricane evacuation Falling Waters is in Collier Zone C.

Two different things, measured by two different agencies. Evacuation zones are about storm surge and who leaves first. Flood zones are FEMA’s insurance rating, and they vary from home to home.

Hurricane evacuation zone

Zone C Collier

Called in the third wave, for stronger storms.

Called firstCalled last
FEMA flood zone
0% sit on a lot mostly inside a Special Flood Hazard Area, where a federally backed mortgage requires flood insurance.
In the Special Flood Hazard AreaOutside it
X 786 homes Minimal mapped flood hazard
7% of homes here sit on a parcel that crosses the line. On those, the answer depends on where the home stands, not which community it is in — so check the specific address.

FEMA flood maps and Collier County Emergency Management. A revised Collier County flood map is in preparation and may change these zones.

Flood zone varies by home — each home’s page shows its own.
A starting point, not a determination. Your lender will require its own flood zone determination before closing, and your insurer will normally require an elevation certificate — a surveyor’s measurement of how high the building actually sits — before quoting. Those documents govern; this does not replace either. Zones can also be amended individually through FEMA.

Flood zones, evacuation, and insurance are explained in the Risk, Resilience & Insurance chapter of the 2027 Naples Buyer’s Guide.

Jeffrey Waldman

Jeffrey Waldman

REALTOR® and Owner, Naples Abodes

Call (239) 450-3763 Text (239) 450-3763

Florida License SL3295589

“…went over and above our greatest expectations.”
Gene & Linda Aimone

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