NOT LISTED FOR SALE

555 5th Ave S Unit 202 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $1,553,262 - $2,035,000

2 Beds
2 Baths
1,600 Sq Ft
2009 Built

Last Sold March 01, 2018

Last sale price $1,000,000 $625 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,489/month

145 Days on Market

About This Home

As of March 2018

Wow! Stand on your open air second-floor balcony looking straight out to 5th Avenue South with your friends and enjoy Naples' many parades, art shows and of course the famed car show! This two bedroom beauty is unlike many Olde Naples condos in that it has a good-sized usable pool with large sunning deck, lots of extra storage under the pool area, high ceilings, a modern feel and COVERED parking! Restaurants all around -- many just a stone's throw away -- and best of all only a five block stroll to the beach! Though it is offered at this price with furnishing negotiable, you might decide you want to negotiate the whole package. Use stairs or the elevator for entry. This is truly the best of everything!

Last Agent to Sell the Property

Marlene Graham

Tropics Real Estate, LLC Listed on: 08/24/2017

Last Buyer's Agent

Terese DeLuca

Berkshire Hathaway FL Realty

Berkshire Hathaway FL Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,255

Year Built

  • 2009

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • 555 On Fifth Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,255

Year Built

2009

Lot Details

0

Listing Details

  • Legal Description: 555 ON FIFTH CONDOMINIUM UNIT 202
  • Street View Param: 1$26.141565$-81.79946899999999$279.30$13.33$1.00$rttovTG8ktvZ_86tn3OVdw
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2009

Interior Features

  • Additional Rooms: Balcony, Laundry in Residence, Open Porch/Lanai
  • Dining Room: Formal
  • Elevator: Common
  • Equipment: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Great Room
  • Flooring: Tile
  • Interior Amenities: Cable Prewire, Cathedral Ceiling, Closet Cabinets, Fire Sprinkler, Pantry, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Furnished Description: Negotiable
  • Num Unit Floor: 2
  • Price Per Sq Ft: 735.29
  • Total Floors: 3

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Single Hung, Sliding
  • Roof: Built-Up Or Flat

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Bike Storage, Community Pool, Extra Storage, Internet Access
  • Maintenance: Lawn/Land Maintenance, Legal/Accounting, Recreational Facilities
  • Management Company Phone: 239-593-6246
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Architectural, Limited Number Vehicles, No Commercial
  • Sub Condo Name: 555 ON FIFTH

Association/Amenities

  • Units in Building: 8
  • Total Number of Units: 8
  • Pets: With Approval
  • Development: Olde Naples

Fee Information

  • Condo Fees: 2989.91
  • Condo Fee Frequency: Quarterly
  • Application Fee: 100.00

Schools

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

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: North
  • View: City
  • Lot Unit: 202
  • Section: 4
  • Total Area: 1600

Rental Info

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

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Gammons Timothy
Bought by
555 Bunker Llc
Current Estimated Value
$1,808,816

Purchase Details

Listed on
Aug 24, 2017
Closed on
Feb 28, 2018
Sold by
Mecartan Thomas S and Mecartan Mary E
Bought by
Gammous Timothy
Seller's Agent
Marlene Graham
Tropics Real Estate, LLC
Buyer's Agent
Terese DeLuca
Berkshire Hathaway FL Realty
List Price
$1,099,000
Sold Price
$1,000,000
Premium/Discount to List
-$99,000
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$750,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2016
Closed on
Nov 16, 2016
Sold by
Fluffy Properties Llc
Bought by
Mccartan Thomas S and Mccartan Mary E
Seller's Agent
Jordan Delaney
Premier Sotheby's Int'l Realty
Buyer's Agent
Bernard Minarcin
Naples Homes and Rentals Inc
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Dec 21, 2009
Sold by
Warwick Florida Properties Llc
Bought by
Fluffy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
4.92%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
555 Bunker Llc $1,110,000 Summit Title Company
Gammous Timothy $1,000,000 Bryant Title & Escrow Llc
Mccartan Thomas S $925,000 None Available
Fluffy Properties Llc $545,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gammous Timothy $750,000
Previous Owner Fluffy Properties Llc $490,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold $1,000,000 -9.0% $625 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
08/24/2017 08/24/17 For Sale $1,099,000 +18.8% $687 / Sq Ft
11/16/2016 11/16/16 Sold $925,000 -2.5% $578 / Sq Ft View Prior Sale
11/08/2016 11/08/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $949,000 -- $593 / 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 $12,255 $1,194,706 -- --
2024 $11,320 $1,086,096 -- --
2023 $11,320 $987,360 $0 $0
2022 $9,881 $897,600 $0 $0
2021 $8,373 $816,000 $0 $816,000
2020 $8,008 $788,800 $0 $788,800
2019 $8,096 $788,800 $0 $788,800
2018 $7,872 $768,400 $0 $768,400
2017 $7,567 $734,400 $0 $734,400
2016 $6,983 $669,759 $0 $0
2015 $6,493 $608,872 $0 $0
2014 -- $553,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217054474

Naples Area Board of REALTORS®

APN: 07780188041