Seller's Agent in 2025
James Bates
Premier Sotheby's Int'l Realty
(239) 961-3973
20 in this area
85 Total Sales
505 5th Ave S Unit 204 Naples, FL 34102
Old Naples Neighborhood
2
Beds
2.5
Baths
2,446
Sq Ft
$1,981/mo
HOA Fee
Highlights
- Reverse Osmosis System
- Deck
- Vaulted Ceiling
- Lake Park Elementary School Rated A
- Contemporary Architecture
- Marble Flooring
About This Home
As of March 2025INCREDIBLE OPPORTUNITY! PRICE JUST REDUCED. Discover the pinnacle of luxury urban living in this chic 2nd floor downtown Naples condominium, untouched by prior hurricanes. Offering two bedrooms and a versatile den, this sophisticated residence spans 2,939 square feet, designed with a sleek, modern aesthetic that harmonizes beautifully with its prime location on 5th Avenue. Enjoy 493 square feet of private outdoor space and soaring 10-foot ceilings that enhance the airy, open-concept layout. The gourmet kitchen features quartz countertops, stunning custom flush cabinetry, luxury appliances, a spacious island with breakfast bar and a dedicated dining area. Floor-to-ceiling sliding glass doors bathe the interiors in natural light, highlighting the stunning white oak floors, while the baths exude timeless elegance. The great room, complete with a gas fireplace and custom bar, sets the stage for relaxed living. Upgraded with a Sonos audio system, Control4 Smart Home technology and motorized shades, the residence offers modern conveniences throughout. The expansive primary suite and guest en suite provide ample comfort and privacy. Immerse yourself in the dynamic Naples lifestyle, near fine dining, boutique shopping, entertainment and the beach. This property effortlessly combines contemporary design with an unbeatable coastal location, offering an ideal retreat for those seeking the best of city and seaside living.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $26,727
Year Built
- Built in 2019
Lot Details
- North Facing Home
HOA Fees
- $1,981 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Automatic Garage Door Opener
- 1 Parking Garage Space
- Deeded Parking
Home Design
- Condo Hotel
- Contemporary Architecture
- Entry on the 2nd floor
- Flat Roof Shape
- Concrete Block With Brick
- Stucco
Interior Spaces
- 2,446 Sq Ft Home
- 1-Story Property
- Wet Bar
- Custom Mirrors
- Wired For Sound
- Bar
- Vaulted Ceiling
- Ceiling Fan
- Fireplace
- Sliding Windows
- La Cantina or Zero Corner Doors
- Entrance Foyer
- Great Room
- Combination Dining and Living Room
- Den
Kitchen
- Breakfast Bar
- Built-In Self-Cleaning Double Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
- Built-In or Custom Kitchen Cabinets
- Disposal
- Reverse Osmosis System
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Dual Sinks
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Home Security
- Home Security System
- Intercom
Outdoor Features
- Balcony
- Deck
- Lanai
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Smart Home Wiring
- Water Treatment System
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 07780161084
Community Details
Overview
- 8 Units
- Low-Rise Condominium
- 505 On Fifth Condos
- Olde Naples Community
- Mandatory home owners association
Amenities
- Trash Chute
- Elevator
- Lobby
Pet Policy
- Call for details about the types of pets allowed
- 2 Pets Allowed
Security
- Card or Code Access
- Phone Entry
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2024
Closed on
Mar 10, 2025
Sold by
Finnegan Kenneth R and Finnegan Lynn C
Bought by
Nardone Mario P and Nardone Jill
Seller's Agent
James Bates
Premier Sotheby's Int'l Realty
Buyer's Agent
Bill Earls
John R Wood Properties
List Price
$3,650,000
Sold Price
$3,150,000
Premium/Discount to List
-$500,000
-13.7%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,000
Avg. Annual Appreciation
0.35%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,150,000 | None Listed On Document | |
| Warranty Deed | $3,150,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2025 03/10/25 | Sold | $3,150,000 | -6.7% | $1,288 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | Price Changed | $3,375,000 | -7.5% | $1,380 / Sq Ft |
| 10/15/2024 10/15/24 | For Sale | $3,650,000 | -- | $1,492 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 | $26,727 | $2,970,200 | -- | $2,970,200 |
| 2024 | $27,084 | $2,970,200 | -- | $2,970,200 |
| 2023 | $27,084 | $2,965,200 | -- | $2,965,200 |
| 2022 | $28,626 | $2,957,787 | $0 | $2,957,787 |
| 2021 | $17,404 | $1,734,200 | $0 | $1,734,200 |
Source: Public Records
Agents Affiliated with this Home
-
James Bates
-
Margaret Ives
Seller Co-Listing Agent in 2025
Margaret Ives
Premier Sotheby's Int'l Realty
(239) 910-2581
16 in this area
111 Total Sales
-
Bill Earls
Buyer's Agent in 2025
Bill Earls
John R. Wood Properties
(239) 777-6622
22 in this area
164 Total Sales
-
Aaron Earls
A
Buyer Co-Listing Agent in 2025
Aaron Earls
John R. Wood Properties
(239) 250-7272
2 in this area
38 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 224082679
APN: 07780161084
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.
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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