$4,150,000
SOLD MAY 25, 2021

490 5th St S Unit 303 Naples, FL 34102

Old Naples Neighborhood
3 Beds
3.5 Baths
2,600 Sq Ft
$1,841/mo HOA Fee

Recently Sold

$1,596 Per Sq Ft

30 Days on Market

Highlights

  • Partial Gulf or Ocean Views
  • Contemporary Architecture
  • Wood Flooring
  • Lake Park Elementary School Rated A
  • Vaulted Ceiling
  • Great Room

About This Home

As of May 2022

Rarely available, The Residences at 5th and 5th is the epitome of Old Naples luxury living. This exceptional third-floor furnished residence in the heart of Fifth Avenue South features a modern design aesthetic. A contemporary foyer leads to a grand living space ideally suited for optimal entertaining with a seamless flow from the open plan kitchen and great room that extends to a private balcony. A streamlined kitchen features custom cabinetry and top-of-the-line appliances, while the master retreat leaves nothing to be desired, with an oversized walk-in closet, free-standing soaking tub, large walk-in shower, dual vanities and private balcony. Two additional light-filled guest bedrooms, each with an en-suite, provide ample space for star gazing and relaxation. Owners within The Residences at 5th and 5th enjoy breathtaking panoramic views from the exceptional rooftop pool and spa, complete with a multilevel sundeck, outdoor grilling area, dining terrace and gas fire pit. A private fitness center, two underground parking spaces, dedicated storage and a state-of-the-art security system complete the offering within this distinctive building.

Last Agent to Sell the Property

Fatima Khokhar

Premier Sotheby's Int'l Realty License #NAPLES-249519770 Listed on: 04/05/2021

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Heather Hobrock

Premier Sotheby's Int'l Realty License #NAPLES-249512578

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,067

Year Built

  • Built in 2018

Lot Details

  • South Facing Home

HOA Fees

  • $1,841 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Concrete Block With Brick
  • Poured Concrete
  • Stone Exterior Construction
  • Piling Construction
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Solar Tinted Windows
  • Sliding Windows
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Partial Bay or Harbor Views
  • Monitored

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Fire Pit
  • Attached Grill

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17833900182

Community Details

Overview

  • 11 Units
  • Low-Rise Condominium
  • Residences At 5Th & 5Th Condos
  • Car Wash Area

Amenities

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

Recreation

  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,067

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,841 per month

Parking

2

Listing Details

  • Legal Description: RESIDENCES AT 5TH & 5TH A CONDOMINIUM UNIT 303
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141603$-81.800493$353.38$13.33$1.00$CAoSLEFGMVFpcFBkQXREYzJqTFNyWUVrUjdzcmhVdEx4a3BDUS1EY1BCTUoteWVV
  • Building Design: Low Rise (1-3)
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 1596.15
  • Total Floors: 1
  • Additional Rooms: Balcony, Great Room, Guest Bath, Guest Room, Laundry in Residence, Den/Study
  • Estimated Living Area: 2600
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator/Freezer, Security System, Self Cleaning Oven, Smoke Detector, Tankless Water Heater, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Foyer, High Speed Available, Laundry Tub, Multiple Phone Lines, Tray Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Gas Available, Island
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement, Impact Resistant, Sliding, Solar Tinted, Thermal

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block, Piling, Poured Concrete
  • Irrigation: Central
  • View: City, Partial Bay
  • Exterior Features: Built In Grill, Built-In Gas Fire Pit
  • Exterior Finish: Stone, Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • 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

  • Management Company Phone: 239-261-3440
  • Approval: Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: RESIDENCES AT 5TH & 5TH
  • Condo Fees: 5524
  • Condo 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

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 2756
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Regular
  • Parcel Number: 17833900182

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 27067.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
May 31, 2022
Sold by
Hamilton Kenneth C and Hamilton Karen B
Bought by
Revocable Trust
Seller's Agent
Heather Hobrock
Premier Sotheby's Int'l Realty
Buyer's Agent
Christel Johnson
Paradise Coast Property Team
List Price
$5,495,000
Sold Price
$5,300,000
Premium/Discount to List
-$195,000
-3.55%
Current Estimated Value
$5,271,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,367

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 25, 2021
Sold by
Sheeleigh Mathias and Elizabeth Anne Sheeleigh Trust
Bought by
Hamilton Kenneth C and Hamilton Karen B
Seller's Agent
Fatima Khokhar
Premier Sotheby's Int'l Realty
Buyer's Agent
Heather Hobrock
Premier Sotheby's Int'l Realty
List Price
$4,150,000
Sold Price
$4,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.10%
Original Mortgage
$2,000,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,300,000 Coleman Yovanovich & Koester P
Warranty Deed $4,150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $5,300,000 -3.5% $2,038 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $5,495,000 +32.4% $2,113 / Sq Ft
05/25/2021 05/25/21 Sold $4,150,000 0.0% $1,596 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $4,150,000 -- $1,596 / 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
2023 $38,390 $4,148,650 $0 $4,148,650
2022 $33,960 $3,463,101 $0 $3,463,101
2021 $28,251 $2,753,100 $0 $2,753,100
2020 $27,067 $2,666,265 $0 $2,666,265
2019 $27,118 $2,642,265 $0 $2,642,265
Source: Public Records

Agents Affiliated with this Home

  • Heather Hobrock

    Seller's Agent in 2022

    Heather Hobrock

    Premier Sotheby's Int'l Realty

    (239) 370-3944

    26 in this area

    90 Total Sales

    Heather Hobrock
    Section Image
  • Christel Johnson

    Buyer's Agent in 2022

    Christel Johnson

    Paradise Coast Property Team

    (239) 564-4029

    2 in this area

    57 Total Sales

    Christel Johnson
    Section Image
  • Fatima Khokhar

    Seller's Agent in 2021

    Fatima Khokhar

    Premier Sotheby's Int'l Realty

    (239) 961-5661

    2 in this area

    19 Total Sales

    Fatima Khokhar
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 221028076

Naples Area Board of REALTORS®

APN: 17833900182

Florida Collier County Naples 34102 Old Naples

490 5th St S Unit 303, Naples, FL

This home is located at 490 5th St S Unit 303, Naples, FL 34102 and is currently priced at $4,150,000, approximately $1,596 per square foot. This property was built in 2018. 490 5th St S Unit 303 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.

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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