NOT LISTED FOR SALE

1540 5th Ave S Unit 204 Naples, FL 34102

Royal Harbor Neighborhood

Estimated Value: $1,903,000 - $2,375,000

3 Beds
3.5 Baths
2,318 Sq Ft
2008 Built

Last Sold May 04, 2020

Last sale price $870,000 $375 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $17,283/month

558 Days on Market

Highlights

  • Marina
  • Dock Available
  • Water access To Gulf or Ocean
  • Lake Park Elementary School Rated A
  • Full Service Day or Wellness Spa
  • Fitness Center

About This Home

As of May 2020

Exquisite luxury waterfront residence in the prestigious gated community of Naples Bay Resort. Overlooking the marina, this home offers exceptional quality, high-end features, first class amenities, and an outstanding location in Old Naples close to the beach, Fifth Ave, restaurants, boutiques, theatre, golf courses and everything that makes life in SW Florida special. This home includes 3 bedrooms overlooking the water, 3 -1/2 baths, 2 garage spaces, private elevator, crown molding, wet bar with wine cooler, and expansive windows to enjoy plentiful sunshine. There is upgraded tile flooring laid on diagonal throughout, including a beautiful inlaid tile design in the foyer, and an open floor plan with one-level living and gourmet kitchen with granite counters, Subzero, Wolf and Asko stainless appliances and gas cooktop. Each guest suite enjoys a private bath and balcony overlooking the water. The master bath includes a jetted tub, marble counters and dual sinks. Naples Bay Resort offers dining, marina with direct access to the Gulf of Mexico, shops, fitness center, 5 heated pools, lazy river, luxurious full-service spa, Har-Tru tennis courts, concierge services and beach shuttle.

Last Agent to Sell the Property

Michelle Thomas

Premier Sotheby's International Realty License #688527 Listed on: 09/04/2019

Premier Sotheby's International Realty

Last Buyer's Agent

Of Realtors 08-Naples Area Board

Local Associations

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,744

Year Built

  • Built in 2008

Lot Details

  • South Facing Home
  • Landscaped

HOA Fees

  • $5,434 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Bay
  • Canal

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,318 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Breakfast Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Spa
  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Access To Marina
  • Dock Available

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17849000403

Community Details

Overview

  • Application Fee Required
  • $662 Maintenance Fee
  • Association fees include cable TV, ground maintenance, security, water, sewer
  • 10 Units
  • Low-Rise Condominium
  • Naples Bay Resort Community
  • Park Phone (239) 434-6222
  • Property managed by Summit Management
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Amenities

  • Full Service Day or Wellness Spa
  • On-Site Retail
  • Clubhouse
  • Community Dining Room

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,744

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$5,434 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Name: NAPLES BAY RESORT
  • Garage Yn: Yes
  • Year Built: 2008
  • Listing Information:Community: Naples
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 17849000403
  • Location Tax and Legal:Tax Annual Amount: 9744.0
  • Location Tax and Legal:Tax Year: 2019
  • General Property Information:Condominium Name: NAPLES BAY RESORT
  • General Property Information:Stories Total: 3
  • General Property Information:Unit Floor: 2
  • General Property Information:Furnished: Negotiable
  • General Property Information:AC SqFt: 2318.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Rear Exposure: South
  • General Property Information:Community Pool: Yes
  • General Property Information:HOA YN: Yes
  • General Property Information:Application Fee: 125.0
  • General Property Information:Maintenance Fee Per Month: 662.0
  • Contract Information:Management Firm: Summit Management
  • Contract Information:Manager Phone: 239-434-6222
  • General Information Details:Number Of Units Total: 10
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Approval:Application Fee3: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Floor:Tile: Yes
  • Maintenance Includes:Cable TV: Yes
  • Maintenance Includes:Landscaping: Yes
  • Maintenance Includes:Management: Yes
  • Restrictions:No TrucksRvs: Yes
  • Unit Design:Low Rise: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: 2, 25lb maximum
  • General Property Information:Boat Lift: No
  • Dining Area:Dining-Living Room: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Separate Tub Shower: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • View:Bay: Yes
  • General Property Information:Vehicle Restriction YN: Yes
  • Dining Area:Breakfast Room: Yes
  • View:Long Water: Yes
  • View:Canal: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • Activity Membership:Marina Available: Yes
  • Activity Membership:Spa Included: Yes
  • Maintenance Includes:Security: Yes
  • Dock:Available: Yes
  • Activity Membership:Tennis Included: Yes
  • Maintenance Includes:Recreation Facilities: Yes
  • Activity Membership:Spa Available: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Appliances: Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Laundry Tub, Volume Ceiling(s), Double Vanity
  • Living Area: 2318.0
  • Stories: 3
  • Window Features: Impact Windows
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Appliances:Range3: Yes
  • Interior Features:Laundry Tub: Yes
  • Interior Features:Volume Ceiling(s): Yes
  • Security Features:Gated Community: Yes

Exterior Features

  • View: Bay, Canal, Long Water
  • Waterfront Features: Access Gulf
  • Waterfront: Yes
  • Construction Type: Concrete Block Structure, Stucco
  • Construction Materials:Concrete Block Structure: Yes
  • Construction Materials:Stucco: Yes
  • Window and Door Features:Impact Windows: Yes
  • Waterfront Features:Access Gulf: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • General Property Information:Garage Spaces: 1
  • Parking Features:Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Security: Gated Community
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Clubhouse, Dining, Fitness Center, Marina, Pool, Retail Services, Spa Services, Tennis Court(s), Spa/Hot Tub
  • Association Fee: 5434.0
  • Association: Yes
  • Pets Allowed: With Approval

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:SpaHot Tub3: Yes
  • Association Amenities:Tennis Court(s): Yes
  • Association Amenities:Dining: Yes
  • Association Amenities:Spa Services: Yes
  • Association Amenities:Marina: Yes
  • Association Amenities:Retail Services: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Security, Water, Sewer

Lot Info

  • Parcel #: 17849000403

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 9744.0
  • Tax Book Number: 4382
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
May 4, 2020
Sold by
Rothschild Naples Development Llc
Bought by
Russo Daniel J and Russo Joye M
Seller's Agent
Michelle Thomas
Premier Sotheby's International Realty
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$1,095,000
Sold Price
$870,000
Premium/Discount to List
-$225,000
-20.55%
Current Estimated Value
$2,107,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,330
Avg. Annual Appreciation
16.24%
Source: Public Records
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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
Russo Daniel J $870,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2020 05/04/20 Sold $870,000 -20.5% $375 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
08/21/2018 08/21/18 For Sale $1,095,000 -- $472 / Sq Ft
Source: Marco Island Area Association 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 $10,603 $1,236,136 -- --
2024 $10,437 $1,201,298 -- --
2023 $10,437 $1,166,309 $0 $0
2022 $10,725 $1,132,339 $0 $1,132,339
2021 $8,571 $835,300 $0 $835,300
2020 $8,833 $870,070 $0 $870,070
2019 $9,406 $916,430 $0 $916,430
2018 $9,744 $951,200 $0 $951,200
2017 $9,195 $892,430 $0 $892,430
2016 $8,665 $828,685 $0 $0
2015 $8,013 $753,350 $0 $0
2014 $7,735 $718,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Thomas

    Seller's Agent in 2020

    Michelle Thomas

    Premier Sotheby's International Realty

    (239) 860-7176

    5 in this area

    2,060 Total Sales

    Michelle Thomas
    Section Image

  • O

    Buyer's Agent in 2020

    Of Realtors 08-Naples Area Board

    Local Associations

See All Agents

Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2182031

APN: 17849000403

Florida Collier County Naples 34102 Royal Harbor

1540 5th Ave S Unit 204, Naples, FL

Not Listed for Sale

Condos

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