NOT LISTED FOR SALE

1540 5th Ave S Unit 202 Naples, FL 34102

Royal Harbor Neighborhood

Estimated Value: $1,965,000 - $2,127,000

3 Beds
3.5 Baths
2,340 Sq Ft
$2,265/ mo HOA Fee

Last Sold May 13, 2024

Last sale price $2,000,000 $855 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,268/month

153 Days on Market

Highlights

  • Concierge
  • Marina
  • Full Service Day or Wellness Spa
  • Lake Park Elementary School Rated A
  • Dock has access to electricity and water
  • Boating

About This Home

As of May 2024

Rarely available 3 BR/3.5 BA unit this beautiful single floor plan offers the ultimate in vacation-style living with direct waterfront views in one of the most desirable gated communities in Naples. Overlooking the Marina, this light and airy home offers exceptional quality, high end features and generous amenities. The Residences at Naples Bay Resort is one of the most sought after locations in downtown Naples, close to beaches, Naples Pier, 5th Ave restaurants, cafes and boutiques. This home features 3 BR's, 3.5 Baths, 2 balconies with expansive views to enjoy plentiful sunshine and bay breeze. Open-concept living floor plan which seamlessly blends indoor and outdoor living. A Chef's Eat-in Kitchen featuring granite counters, breakfast bar, Sub-Zero/Wolf appliances and gas cooktop, wet bar area ideal for entertaining. Spacious Master Suite including Spa-like Master Bath plus 2 guest suites.
Naples Bay Resort offers dining, marina options from ownership to rentals with direct access to the Gulf, shops, fitness center, 5 pools, full-service spa, Har-Tru tennis courts, access to Naples Pickleball Center, concierge services and beach shuttle. True vacation living in paradise!

Last Agent to Sell the Property

Kimberly Alvord

John R Wood Properties Listed on: 11/07/2023

John R Wood Properties

Co-Listed By

Tyler Bradley

John R Wood Properties

Last Buyer's Agent

Diane Harris

William Raveis Real Estate

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,104

Year Built

  • Built in 2008

Lot Details

  • West Facing Home
  • Gated Home
  • Landscaped

HOA Fees

Property Views

  • Bay
  • Canal
  • Mangrove
  • Pool

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Atrium Room

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Garage Spaces
  • Paved Parking
  • Guest Parking
  • Deeded Parking

Outdoor Features

  • No Fixed Bridges
  • Fixed Bridges
  • Dock has access to electricity and water
  • Leased Dock
  • Waterfront Basin
  • Balcony
  • Lanai

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17849000364
  • Tax Block D

Community Details

Overview

  • $50,000 Membership Fee
  • 10 Units
  • Private Membership Available
  • Low-Rise Condominium
  • Naples Bay Resort Condos
  • Naples Bay Resort Community
  • Mandatory home owners association

Amenities

  • Concierge
  • Full Service Day or Wellness Spa
  • Restaurant
  • Sauna
  • Clubhouse
  • Business Center
  • Elevator
  • Bike Room

Recreation

  • Boating
  • Gulf Boat Access
  • Marina
  • Tennis Courts
  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Gated Community
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,104

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$2,265 per month

Listing Details

  • Legal Description: RESIDENCE I AT NAPLES BAY RESORT, THE A CONDOMINIUM BLDG D-202
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.138439$-81.787239$138.17$13.33$1.00$CAoSLEFGMVFpcE84YlkzQTRuMUJRbHFTNTlWME40WXB3Z2FMeVRvVUdmeUQ5eUo5
  • Building Design: Low Rise (1-3)
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 854.70
  • Total Floors: 1
  • Additional Rooms: Atrium, Balcony, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 2340
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer, Wine Cooler
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Foyer, Internet Available, Smoke Detectors, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Canal Width: 81-120
  • Construction: Concrete Block
  • Gulf Access Type: Bridge(s)/Water Indirect, No Bridge(s)/Water Direct
  • Boat Access: Dock Lease, Dock Purchase, Electricity Available at Dock, Water Avail at Dock
  • Irrigation: Reclaimed
  • Road: Paved Road
  • View: Bay, Canal, Landscaped Area, Mangroves, Pool/Club, Water
  • Exterior Finish: Stucco
  • Waterfront Type: Basin

Garage/Parking

  • Parking: 2 Assigned, Guest, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central
  • Gas Description: Natural

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, Limited Number Vehicles, No Commercial, No RV
  • Sub Condo Name: NAPLES BAY RESORT
  • Condo Fees: 4214
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Trash Removal
  • Master Hoa Fee: 1391
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 1188
  • Club Fee Mandatory Frequency: Quarterly
  • Development Name: NAPLES BAY RESORT

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Development: Naples Bay Resort
  • Amenities: Bike Storage, Business Center, Clubhouse, Community Pool, Community Spa/Hot tub, Concierge Services, Exercise Room, Full Service Spa, Internet Access, Marina, Private Membership, Restaurant, Sauna, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Boating, Condo/Hotel, Gated, Tennis
  • Units In Building: 10
  • Total Number of Units: 26

Fee Information

  • One Time Mandatory Club Fee: 50000

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Section: 3
  • Total Area: 2600
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 17849000364

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 11104.05
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
May 13, 2024
Sold by
Murray Joseph and Murray Barbara
Bought by
Sallee Family Community Property Trust and Sallee
Seller's Agent
Kimberly Alvord
John R Wood Properties
Buyer's Agent
Diane Harris
William Raveis Real Estate
List Price
$2,600,000
Sold Price
$2,000,000
Premium/Discount to List
-$600,000
-23.08%
Views
47
Current Estimated Value
$2,047,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,161
Avg. Annual Appreciation
1.27%

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 23, 2021
Sold by
Ct Naples Properties Llc
Bought by
Murray Joseph and Murray Barbara
Seller's Agent
Lisa Dobyanski
William Raveis Referral Group
Buyer's Agent
Lisa Dobyanski
William Raveis Referral Group
List Price
$1,695,000
Sold Price
$1,520,000
Premium/Discount to List
-$175,000
-10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Listed on
May 2, 2020
Closed on
Jul 16, 2020
Sold by
Barth Gary T and Barth Leslie J
Bought by
Ct Naples Properties Llc
Seller's Agent
Comp Agent
Marco Island Area Association Of Realtor
Buyer's Agent
Scott Needles
Arvida Realty Services
List Price
$1,175,000
Sold Price
$1,065,000
Premium/Discount to List
-$110,000
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.39%

Purchase Details

Closed on
Jun 25, 2015
Sold by
Naples Bay Financial Holdings Llc
Bought by
Barth Gary T and Barth Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2015
Bought by
Barth Gary T and Barth Leslie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sallee Family Community Property Trust $2,000,000 First American Title Insurance
Murray Joseph $1,520,000 Accommodation
Ct Naples Properties Llc $1,065,000 Attorney
Barth Gary T $980,000 Attorney
Barth Gary T $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barth Gary T $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2024 05/13/24 Sold $2,000,000 -4.8% $855 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $2,100,000 -4.5% $897 / Sq Ft
02/09/2024 02/09/24 Price Changed $2,200,000 -2.2% $940 / Sq Ft
01/23/2024 01/23/24 Price Changed $2,250,000 -4.3% $962 / Sq Ft
01/05/2024 01/05/24 Price Changed $2,350,000 -4.1% $1,004 / Sq Ft
12/04/2023 12/04/23 Price Changed $2,450,000 -5.8% $1,047 / Sq Ft
11/07/2023 11/07/23 For Sale $2,600,000 +71.1% $1,111 / Sq Ft
08/26/2021 08/26/21 Sold $1,520,000 -10.3% $633 / Sq Ft View Prior Sale
07/14/2021 07/14/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,695,000 0.0% $706 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $1,695,000 +59.2% $706 / Sq Ft
07/15/2020 07/15/20 Sold $1,065,000 -9.4% $455 / Sq Ft View Prior Sale
06/15/2020 06/15/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $1,175,000 -- $502 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,212 $1,725,186 -- $1,725,186
2024 $16,065 $1,778,500 -- $1,778,500
2023 $16,065 $1,774,500 $0 $1,774,500
2022 $11,104 $1,132,339 $0 $1,132,339
2021 $8,571 $835,300 $0 $835,300
2020 $8,450 $870,070 $0 $870,070
2019 $9,019 $916,430 $0 $916,430
2018 $9,744 $951,200 $0 $951,200
2017 $9,195 $892,430 $0 $892,430
2016 $8,754 $846,070 $0 $0
2015 $8,013 $753,350 $0 $0
2014 $7,735 $718,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223082357

Naples Area Board of REALTORS®

APN: 17849000364

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