NOT LISTED FOR SALE

1540 5th Ave S Unit 305 Naples, FL 34102

Royal Harbor Neighborhood

Estimated Value: $2,200,000 - $2,883,000

3 Beds
3.5 Baths
2,391 Sq Ft
$1,545/mo HOA Fee

Last Sold February 28, 2022

Last sale price $2,600,000 $1,087 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $16,238/month

1 Day on Market

Highlights

  • Marina
  • Full Service Day or Wellness Spa
  • Property Fronts a Bay or Harbor
  • Lake Park Elementary School Rated A
  • Boating
  • 24-Hour Guard

About This Home

As of February 2022

Luxury waterfront living within walking distance to downtown Naples. Experience panoramic vistas of Naples Bay Resort & Marina from this elegantly appointed three-bedroom, three-and-a-half-bath home. Enjoy the sunrise in the morning as you make coffee and savor Southwest Florida sunsets overlooking the marina in the evening. This light, bright corner condominium featuring water views from all four terraces embodies coastal living. The gourmet kitchen with gas range, Sub-Zero, and Wolf appliances and adjacent wet bar encourage entertaining of family and friends. The unparalleled amenities of the Naples Bay Club are part of your lifestyle here at The Residences. The amenities include a 15,000-square-foot clubhouse, private dining, Blue Water Grill poolside dining, state-of-the-art fitness center with Topgolf Swing Suite, resort-style pool with lazy river, tennis and marina. Bayfront, Tin City, downtown Fifth Avenue shops, galleries, entertainment venues and renowned restaurants are all less than a mile away.

Last Agent to Sell the Property

Sherry Irvin

Premier Sotheby's Int'l Realty License #NAPLES-610500288 Listed on: 02/03/2022

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Dan Demczak

Knowledge Base Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,407

Year Built

  • Built in 2008

Lot Details

  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • End Unit
  • North Facing Home
  • Gated Home
  • Property is Fully Fenced

HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Parking Garage Spaces
  • Secure Parking

Property Views

  • Bay
  • Canal

Home Design

  • Entry on the 3rd floor
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,391 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Tray Ceiling
  • French Doors
  • Great Room
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • No Fixed Bridges
  • Waterfront Basin
  • Lanai

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17849000526
  • Tax Block D

Community Details

Overview

  • $50,000 Membership Fee
  • 10 Units
  • Private Membership Available
  • Low-Rise Condominium
  • Naples Bay Resort Condos

Amenities

  • Full Service Day or Wellness Spa
  • Restaurant
  • Clubhouse
  • 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

Security

  • 24-Hour Guard
  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,407

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,545 per month

Parking

2

Listing Details

  • Legal Description: RESIDENCE I AT NAPLES BAY RESORT, THE A CONDOMINIUM BLDG D-305
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.138661$-81.785366$257.12$13.33$1.00$CAoSLEFGMVFpcE51M3JwV09JWk91MWpyOWdCUk1wVzJfN0M4NFVnOVlOUzNDaXlE
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • 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: 3
  • Price Per Sq Ft: 1087.41
  • Total Floors: 1
  • Additional Rooms: Great Room, Guest Bath, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 2391
  • 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, Self Cleaning Oven, Wall Oven, Washer, Wine Cooler
  • Flooring: Carpet, Marble, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Custom Mirrors, Fire Sprinkler, Foyer, French Doors, Laundry Tub, Smoke Detectors, Tray Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Gas Available, 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
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Irrigation: Central
  • View: Bay, Canal
  • Exterior Finish: Stucco
  • Waterfront Type: Basin, Bay, Canal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Completely Fenced, Entry Card, Entry Keypad, Entry Phone, Secured Garage, Gated, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-434-6222
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV
  • Sub Condo Name: NAPLES BAY RESORT
  • Condo Fees: 2310
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Reserve
  • Master Hoa Fee: 1226
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 1097
  • Club Fee Mandatory Frequency: Quarterly

Association/Amenities

  • Pets: With Approval
  • Development: Naples Bay Resort
  • Amenities: Bike Storage, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Full Service Spa, Marina, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Boating, Gated, Tennis
  • Units In Building: 10
  • Total Number of Units: 26

Fee Information

  • Application Fee: 125.00
  • One Time Mandatory Club Fee: 50000

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 305
  • Section: 3
  • Total Area: 2637
  • Waterfront: Yes
  • Rear Exposure: North
  • Lot Description: Zero Lot Line
  • Parcel Number: 17849000526

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 9407.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 25, 2022
Sold by
Nathanson Michael J and Nathanson Dawn M
Bought by
Tab Naples Llc
Seller's Agent
Sherry Irvin
Premier Sotheby's Int'l Realty
Buyer's Agent
Dan Demczak
Knowledge Base Real Estate
List Price
$2,550,000
Sold Price
$2,600,000
Premium/Discount to List
$50,000
1.96%
Current Estimated Value
$2,492,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,845
Avg. Annual Appreciation
-0.01%

Purchase Details

Listed on
Sep 20, 2013
Closed on
Feb 7, 2014
Sold by
J & J Of Naples Llc
Bought by
Nathanson Michael J and Nathanson Dawn M
Seller's Agent
Elaine Foster
John R Wood Properties
Buyer's Agent
Linda Sonders
Gulf Coast International Prop
List Price
$1,150,000
Sold Price
$920,000
Premium/Discount to List
-$230,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Source: Public Records

Range of Values:

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Average Value
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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
Tab Naples Llc $2,600,000 Mclaughlin & Stern Pllc
Nathanson Michael J $920,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $2,600,000 +2.0% $1,087 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $2,550,000 +177.2% $1,066 / Sq Ft
02/11/2014 02/11/14 Sold $920,000 -20.0% $385 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $1,150,000 -- $481 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $16,985 $1,808,257 -- $1,808,257
2024 $16,985 $1,863,250 -- $1,863,250
2023 $17,205 $1,859,250 $0 $1,859,250
2022 $11,291 $1,190,008 $0 $1,190,008
2021 $9,407 $916,715 $0 $916,715
2020 $9,791 $964,535 $0 $964,535
2019 $9,899 $964,535 $0 $964,535
2018 $10,248 $1,000,400 $0 $1,000,400
2017 $9,668 $936,147 $0 $0
2016 $9,024 $851,043 $0 $0
2015 $8,229 $773,675 $0 $0
2014 $7,953 $738,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222007009

Naples Area Board of REALTORS®

APN: 17849000526