NOT LISTED FOR SALE

490 5th Ave S Unit 204 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $2,468,294 - $3,530,000

2 Beds
2.5 Baths
2,221 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $2,145,000 $966 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $18,341/month

644 Days on Market

Highlights

  • Furnished
  • Great Room
  • Den
  • Lake Park Elementary School Rated A
  • Community Pool or Spa Combo
  • Exercise Course

About This Home

As of August 2019

Elegant. Spacious. Thoughtful. The Residences at 5th & 5th is the premier residential address on Fifth Avenue in historic Downtown Naples, and redefines the Old Naples lifestyle. The three-story building has approx. 10,000 square feet of luxury shops on the street level, and 10 luxury flats on the 2nd and 3rd levels, ranging in size from a comfortable 1,940 square feet to just under an expansive 3,000 square feet. SOCO Interiors, an amazing interior design firm out of Winter Park, FL, has been contracted to create all of the interior spaces, including common areas and each residence, such as kitchens, bathrooms, etc. There is fitness center on the first floor for owners -- with gym equipment, including cardio and weight lifting, as well as a beautifully appointed board room for the residents. The underground parking garage, unique in SWFL, is lit and secure with ample LED lighting. There is a security camera system in the common areas of the building.

Last Agent to Sell the Property

Timothy Savage

Gulf Coast International Prop Listed on: 08/24/2017

Last Buyer's Agent

Alexander Daane

Daane Properties LLC License #NAPLES-249518438

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,041

Year Built

  • Built in 2018

Lot Details

  • North Facing Home

HOA Fees

  • $1,155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Poured Concrete
  • Piling Construction
  • Stucco

Interior Spaces

  • 2,221 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Tray Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Solar Tinted Windows
  • Sliding Windows
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Fire Pit
  • Attached Grill

Schools

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

Utilities

  • Zoned Heating and Cooling
  • High Speed Internet
  • Multiple Phone Lines

Listing and Financial Details

  • Tax Block 16

Community Details

Overview

  • Low-Rise Condominium
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Exercise Course
  • Community Pool or Spa Combo

Security

  • Card or Code Access
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,041

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,155 per month

Parking

2

Listing Details

  • Legal Description: RESIDENCES AT 5TH & 5TH A CONDOMINIUM UNIT 204
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141502$-81.80068399999999$292.11$13.33$1.00$Q5ZSTvmE3qlvgkjg24_OOw
  • Building Design: Low Rise (1-3)
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 965.78
  • Total Floors: 3
  • Additional Rooms: Balcony, Great Room, Guest Bath, Guest Room, Laundry in Residence, Den/Study
  • Estimated Living Area: 2221
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Icemaker, Security System, Smoke Detector, Washer, Wine Cooler
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Foyer, High Speed Available, Laundry Tub, Multiple Phone Lines, Smoke Detectors, Tray Ceiling, Walk-In Closet
  • Kitchen: Gas Available, Island
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Casement, Sliding, Solar Tinted, Thermal

Exterior Features

  • Construction: Concrete Block, Piling, Poured Concrete
  • Irrigation: Central
  • View: City, Partial Buildings
  • Exterior Features: Built In Grill, Built-In Gas Fire Pit
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Ceiling Fans, Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • Security: Monitored Alarm, Entry Card, Entry Phone, Entry TV, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Buyer
  • Management: Remarks
  • Sub Condo Name: RESIDENCES AT 5TH & 5TH
  • HOA Fees: 3463.96
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Amenities: BBQ - Picnic, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Internet Access, Trash Chute, Vehicle Wash Area
  • Community Type: Non-Gated
  • Units In Building: 11
  • Total Number of Units: 11

Schools

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

Lot Info

  • Section: 4
  • Total Area: 2503
  • Rear Exposure: North
  • Lot Description: Regular

Rental Info

  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Aug 14, 2019
Sold by
465 Building Llc
Bought by
Yf Fl55 Holdings Llc
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Alexander Daane
Daane Properties LLC
List Price
$2,175,000
Sold Price
$2,145,000
Premium/Discount to List
-$30,000
-1.38%
Current Estimated Value
$2,916,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,574
Avg. Annual Appreciation
5.07%
Source: Public Records

Range of Values:

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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
Yf Fl55 Holdings Llc $2,145,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2019 08/14/19 Sold $2,145,000 -4.5% $966 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
04/11/2019 04/11/19 Price Changed $2,245,000 -2.2% $1,011 / Sq Ft
09/10/2018 09/10/18 Price Changed $2,295,000 +5.5% $1,033 / Sq Ft
01/23/2018 01/23/18 For Sale $2,175,000 0.0% $979 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $2,175,000 -- $979 / 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 $23,041 $2,614,400 -- $2,614,400
2024 $22,228 $2,449,640 -- --
2023 $22,228 $2,226,945 $0 $0
2022 $21,251 $2,024,495 $0 $0
2021 $18,886 $1,840,450 $0 $1,840,450
2020 $18,683 $1,840,450 $0 $1,840,450
2019 $18,643 $1,816,450 $0 $1,816,450
Source: Public Records

Agents Affiliated with this Home

  • Timothy Savage

    Seller's Agent in 2019

    Timothy Savage

    Gulf Coast International Prop

    (239) 821-7576

    4 in this area

    111 Total Sales

    Timothy Savage
    Section Image
  • Alexander Daane

    Buyer's Agent in 2019

    Alexander Daane

    Daane Properties LLC

    (239) 821-6019

    2 in this area

    74 Total Sales

    Alexander Daane
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217054647

Naples Area Board of REALTORS®

APN: 17833900108

Florida Collier County Naples 34102 Old Naples

490 5th Ave S Unit 204, Naples, FL

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.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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