$1,295,000
$204K PRICE DROP

Estimated payment $8,730/month

Total Views 20,722
2 Beds
2 Baths
735 Sq Ft
$1,762 Price per Sq Ft

Highlights

  • Two Primary Bedrooms
  • Pool View
  • High Impact Door
  • Lake Park Elementary School Rated A
  • Community Pool
  • Concrete Block With Brick

About This Home

INVESTMENT OPPORTUNITY ON 5TH AVE. Amazing condo on 5th Ave S in Olde Naples located 100 yards (2 blocks) from the beaches! Condo complex allows WEEKLY RENTALS. Seller has bookings for $800/night in high season ($5600/week)!. Tenants get access to all that 5th Ave has to offer so very easy to rent. Alternatives are hotels in worse locations and higher nightly costs. Owners just completed COMPLETE renovation. Dual master suites (king beds), two bathrooms with showers, interior laundry, fully functional kitchen, recessed lighting, community pool, and all the modern amenities. Walk out the unit and the beaches are less than 2 blocks to the west and some of the finest restaurants are just a few steps to the east.

Listing Agent

Tim Ryan

Equity Realty License #NAPLES-249514654

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1964

Lot Details

  • West Facing Home

HOA Fees

  • $1,133 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Turnkey
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • 3 Ceiling Fans
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring
  • Pool Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Deeded Parking

Outdoor Features

  • Courtyard
  • Outdoor Grill

Schools

  • Lake Park Elementry Elementary School
  • Gulf View Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07731000107

Community Details

Overview

  • 14 Units
  • Low-Rise Condominium
  • Fifth Avenue Beach Club Condos
  • Olde Naples Community

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,602

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,133 per month

Listing Details

  • Legal Description: FIFTH AVENUE BEACH CLUB A CONDOMINIUM UNIT 5
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141033$-81.804802$238.88$13.33$1.00$jfLIRc3SNp2n2wE9bSFRMQ
  • Building Design: Low Rise (1-3)
  • Building Description: Garden Apt
  • Storm Protection: Impact Resistant Doors
  • Year Built: 1964
  • Directions: This is located on the corner of 5th Ave S and 2nd St. There is parking on the north side of the building or just park on 5th Ave. Unit has no number but is located directly across the pool from #105.
  • Property Information: INVESTMENT OPPORTUNITY ON 5TH AVE. Amazing condo on 5th Ave S in Olde Naples located 100 yards (2 blocks) from the beaches! Condo complex allows WEEKLY RENTALS. Seller has bookings for $800/night in high season ($5600/week)!. Tenants get access to all that 5th Ave has to offer so very easy to rent. Alternatives are hotels in worse locations and higher nightly costs. Owners just completed COMPLETE renovation. Dual master suites (king beds), two bathrooms with showers, interior laundry, fully functional kitchen, recessed lighting, community pool, and all the modern amenities. Walk out the unit and the beaches are less than 2 blocks to the west and some of the finest restaurants are just a few steps to the east.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1761.90
  • Total Floors: 1
  • Additional Rooms: None
  • Estimated Living Area: 735
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground, Two Master Suites
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar
  • Equipment: Cooktop - Electric, Disposal, Dryer, Microwave, Refrigerator/Freezer, Washer
  • Flooring: Tile
  • Floor Plan: Courtyard
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Internet Available, Smoke Detectors
  • Kitchen: Built-In Desk
  • Primary Bathroom: 2 Masters
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Pool/Club
  • Exterior Features: Grill
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: Common

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239 450-1005
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: FIFTH AVENUE BEACH CLUB
  • Condo Fees: 3400
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Manager, Master Association Fee Incl, Pest Control Exterior, Reserve, Trash Removal, Water
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: Not Allowed
  • Development: Olde Naples
  • Amenities: Community Pool, Sidewalk
  • Community Type: Non-Gated
  • Units In Building: 14
  • Total Number of Units: 14

Schools

  • Elementary School: LAKE PARK ELEMENTRY
  • Middle School: GULF VIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementry
  • High School: Naples High School
  • Middle School: Gulf View Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 5
  • Section: 4
  • Total Area: 735
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 07731000107

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 4601.94
  • Tax Year: 2022

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $2,732 $232,673 $0 $0
2022 $4,602 $420,420 $0 $0
2021 $3,922 $382,200 $0 $382,200
2020 $3,880 $382,200 $0 $382,200
2019 $3,711 $355,740 $0 $0
2018 $3,313 $323,400 $0 $323,400
2017 $3,105 $301,350 $0 $301,350
2016 $2,928 $282,975 $0 $0
2015 $2,784 $258,720 $0 $0
2014 $2,532 $235,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Price Changed $1,295,000 -13.6% $1,762 / Sq Ft
11/14/2023 11/14/23 For Sale $1,499,000 -- $2,039 / Sq Ft
Source: Naples Area Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $330,000 Dunn Title Company
Warranty Deed $289,900 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $231,900 Purchase Money Mortgage
Source: Public Records

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Source: Naples Area Board of REALTORS®

MLS Number: 223082924

Naples Area Board of REALTORS®

APN: 07731000107