NOT LISTED FOR SALE

480 5th St S Unit 104 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $493,509 - $667,000

1 Bed
1 Bath
536 Sq Ft
$917/mo HOA Fee

Last Sold June 28, 2024

Last sale price $610,000 $1,138 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,545/month

134 Days on Market

Highlights

  • Florida Architecture
  • End Unit
  • Community Pool
  • Lake Park Elementary School Rated A
  • Pool View
  • High Impact Windows

About This Home

As of June 2024

In the heart of Olde Naples, this newly renovated corner residence, first-floor condo offers a rare weekly rental option. Just feet from famous 5th Avenue South and blocks from white sand beaches, private but nestled among gourmet dining, art galleries, and upscale boutiques, the location of Kensington Gardens is premier. Kensington Gardens is a tranquil community of only 12 units that maintains the timeless charm and decorum of Olde Naples. The open-concept space is fully-equipped with new stainless steel appliances, quartz countertops, custom soft-close cabinetry, and in-unit laundry. This condo is equipped, renovated, clean, and comfortable, tailored for the resident or vacationer alike. Whether you are looking for an escape to the beach or a quick dip in the pool just steps from the front door, the condo provides all that is needed for luxury Naples living.In one of the only Olde Naples communities with flexible short term rental options, this unit boasts an extensive short-term rental history. Truly in the heart of Olde Naples, this condo offers a perfect blend of luxury and convenience. Do not miss the opportunity to experience the historic charm of Olde Naples living. X100 Flood Zone, no damage or flooding during Hurricane Ian!

Last Agent to Sell the Property

Casey Lyons

Premiere Plus Realty Company License #BEAR-3511403 Listed on: 02/01/2024

Premiere Plus Realty Company

Last Buyer's Agent

Shay Trask

Gulf Coast International Prop License #NAPLES-344000868

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 1965

Lot Details

  • End Unit
  • South Facing Home
  • Gated Home
  • Property is Fully Fenced

HOA Fees

  • $917 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Florida Architecture
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 536 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Tile Flooring
  • Pool Views

Kitchen

  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Common or Shared Parking
  • Deeded Parking

Outdoor Features

  • Courtyard

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 10770000087

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium
  • Kensington Gardens Condos
  • Olde Naples Community

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,157

Year Built

Built in 1965

Lot Details

0

HOA Fees

$917 per month

Listing Details

  • Legal Description: KENSINGTON GARDENS A CONDOMINIUM UNIT 104
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.142086$-81.800749$223.38$13.33$1.00$XbgHuuPwCD4WogXQeQW7Vg
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit, Florida
  • Storm Protection: Impact Resistant Windows
  • Year Built: 1965
  • Property Information: In the heart of Olde Naples, this newly renovated corner residence, first-floor condo offers a rare weekly rental option. Just feet from famous 5th Avenue South and blocks from white sand beaches, private but nestled among gourmet dining, art galleries, and upscale boutiques, the location of Kensington Gardens is premier. Kensington Gardens is a tranquil community of only 12 units that maintains the timeless charm and decorum of Olde Naples. The open-concept space is fully-equipped with new stainless steel appliances, quartz countertops, custom soft-close cabinetry, and in-unit laundry. This condo is equipped, renovated, clean, and comfortable, tailored for the resident or vacationer alike. Whether you are looking for an escape to the beach or a quick dip in the pool just steps from the front door, the condo provides all that is needed for luxury Naples living.In one of the only Olde Naples communities with flexible short term rental options, this unit boasts an extensive short-term rental history. Truly in the heart of Olde Naples, this condo offers a perfect blend of luxury and convenience. Do not miss the opportunity to experience the historic charm of Olde Naples living. X100 Flood Zone, no damage or flooding during Hurricane Ian!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1138.06
  • Total Floors: 1
  • Additional Rooms: None
  • Estimated Living Area: 536
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Dining Room: Family Dining
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Smoke Detectors
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • View: Partial Buildings, Pool/Club
  • Exterior Features: Courtyard, Fence
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned, Common

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Completely Fenced, Gated
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: 239-649-6357
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: KENSINGTON GARDENS
  • Condo Fees: 2750
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Sewer, Water
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Olde Naples
  • Amenities: Community Pool, Underground Utility
  • Community Type: Condo/Hotel, Gated
  • Units In Building: 6
  • Total Number of Units: 12

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 104
  • Section: 9
  • Total Area: 536
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Zero Lot Line
  • Parcel Number: 10770000087

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 4156.74
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jun 28, 2024
Sold by
Knox Burton Acquisitions Llc
Bought by
Radu Nikola and Radu Anujka
Seller's Agent
Casey Lyons
Premiere Plus Realty Company
Buyer's Agent
Shay Trask
Gulf Coast International Prop
List Price
$799,000
Sold Price
$610,000
Premium/Discount to List
-$189,000
-23.65%
Views
43
Current Estimated Value
$602,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,623
Avg. Annual Appreciation
-1.75%

Purchase Details

Listed on
Jul 14, 2022
Closed on
Oct 14, 2022
Sold by
Glock Jacob L
Bought by
Knox Burton Acquisitions Llc
Seller's Agent
Todd Culmer
Waterfront Realty Group Inc
Buyer's Agent
Casey Lyons
Premiere Plus Realty Company
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.16%

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jun 9, 2021
Sold by
Ritsh Llc
Bought by
Glock Jacob L
Seller's Agent
Todd Culmer
Waterfront Realty Group Inc
Buyer's Agent
Elliot Barton
Waterfront Realty Group Inc
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.51%
Original Mortgage
$308,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 10, 2016
Sold by
Reider George M and Reider Nancy L
Bought by
Ritsh Llc
Seller's Agent
Michael Dorobanti
Compass Florida LLC
Buyer's Agent
Michael Dorobanti
Compass Florida LLC
List Price
$409,975
Sold Price
$385,000
Premium/Discount to List
-$24,975
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%

Purchase Details

Listed on
Feb 21, 2012
Closed on
Apr 19, 2012
Sold by
Walbaum Kathleen B
Bought by
Reider George M and Reider Nancy L
Seller's Agent
David Gallus
Premiere Plus Realty Company
Buyer's Agent
Michael Dorobanti
Compass Florida LLC
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$198,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2007
Sold by
Logelin Sandra Lee
Bought by
Walbaum Kathleen B

Purchase Details

Closed on
May 4, 2004
Sold by
Kensington Development Of Naples Inc
Bought by
Logelin Sandra Lee
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
Radu Nikola $610,000 Grey Street Title
Knox Burton Acquisitions Llc $680,000 --
Glock Jacob L $465,000 Attorney
Ritsh Llc $385,000 Ross Title & Escrow, Inc
Reider George M $265,000 Attorney
Walbaum Kathleen B $330,000 First Boston Title
Logelin Sandra Lee $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glock Jacob L $308,000
Previous Owner Reider George M $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $610,000 -8.9% $1,138 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $669,500 -4.2% $1,249 / Sq Ft
04/13/2024 04/13/24 Price Changed $699,000 -5.4% $1,304 / Sq Ft
03/21/2024 03/21/24 Price Changed $739,000 -3.9% $1,379 / Sq Ft
02/28/2024 02/28/24 Price Changed $769,000 -3.8% $1,435 / Sq Ft
02/01/2024 02/01/24 For Sale $799,000 +17.5% $1,491 / Sq Ft
10/14/2022 10/14/22 Sold $680,000 -9.3% $1,269 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $750,000 +61.3% $1,399 / Sq Ft
06/09/2021 06/09/21 Sold $465,000 -2.1% $868 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
12/05/2020 12/05/20 For Sale $475,000 +23.4% $886 / Sq Ft
06/10/2016 06/10/16 Sold $385,000 -6.1% $642 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $409,975 +54.7% $683 / Sq Ft
04/23/2012 04/23/12 Sold $265,000 0.0% $440 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $265,000 -- $440 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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
2024 $4,157 $451,880 -- $451,880
2023 $4,157 $449,200 $0 $449,200
2022 $4,160 $424,217 $0 $424,217
2021 $3,021 $294,440 $0 $294,440
2020 $2,880 $283,720 $0 $283,720
2019 $2,802 $273,000 $0 $273,000
2018 $2,632 $256,920 $0 $256,920
2017 $2,647 $256,920 $0 $256,920
2016 $2,261 $204,864 $0 $0
2015 $1,981 $186,240 $0 $0
2014 $1,907 $177,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Casey Lyons

    Seller's Agent in 2024

    Casey Lyons

    Premiere Plus Realty Company

    (609) 500-8900

    2 in this area

    38 Total Sales

    Casey Lyons
    Section Image
  • Shay Trask

    Buyer's Agent in 2024

    Shay Trask

    Gulf Coast International Prop

    (239) 572-1648

    3 in this area

    29 Total Sales

    Shay Trask
    Section Image
  • Todd Culmer

    Seller's Agent in 2022

    Todd Culmer

    Waterfront Realty Group Inc

    (239) 919-2379

    4 in this area

    128 Total Sales

    Todd Culmer
    Section Image
  • Elliot Barton

    Seller Co-Listing Agent in 2022

    Elliot Barton

    Waterfront Realty Group Inc

    (810) 531-0350

    4 in this area

    140 Total Sales

    Elliot Barton
    Section Image
  • Michael Dorobanti

    Seller's Agent in 2016

    Michael Dorobanti

    Compass Florida LLC

    (239) 273-8374

    1 in this area

    38 Total Sales

    Michael Dorobanti
    Section Image

  • D

    Seller's Agent in 2012

    David Gallus

    Premiere Plus Realty Company

    (239) 777-8458

    1 Total Sale

    David Gallus
    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 224008321

Multiple Listing Service of Bonita Springs-Estero

APN: 10770000087

Florida Collier County Naples 34102 Old Naples

480 5th St S Unit 104, Naples, FL

This home is located at 480 5th St S Unit 104, Naples, FL 34102 since 01 February 2024 and is currently estimated at $602,377, approximately $1,123 per square foot. This property was built in 1965. 480 5th St S Unit 104 is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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