$2,695,000
$230K PRICE DROP

625 5th Ave S Unit 302 Naples, FL 34102

Old Naples Neighborhood

Estimated payment $17,489/month

Total Views 6,852
3 Beds
2.5 Baths
2,495 Sq Ft
$1,080 Price per Sq Ft

Highlights

  • Penthouse
  • Vaulted Ceiling
  • Great Room
  • Lake Park Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

Experience ultimate downtown living in this stunning and rarely available penthouse perched over Naples' 5th Avenue South. The spacious 3-bedroom plus den, 3 bath residence exudes elegance with beautiful finishes, moldings, and high ceilings, creating a light and expansive ambiance. The master suite features a generous walk-in closet with custom built-ins and a lavish bath with a soaking tub, oversized walk-in shower, dual sinks, and a vanity area. The open kitchen with breakfast bar, skylight, and eating area, overlooks the comfortable living room, ideal for entertaining. With no shared walls and only two residential units in the building, privacy is paramount. Multiple balconies, including a large front screened balcony with southern exposure, offer stunning city views of the vibrant downtown scene. Additional amenities include new high-impact doors and windows, shutters, extra storage, a private coded elevator, garage space, and community pool privileges. Situated amidst upscale boutiques, fine dining, and cultural venues, and just a short stroll to the pristine Gulf beaches, this residence offers unparalleled access to the best of Naples.

Listing Agent

Robyn Pfister Griffin

William Raveis Real Estate Listed on: 01/14/2025

William Raveis Real Estate

Co-Listing Agent

Robert Forbis

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,929

Year Built

  • Built in 2000

HOA Fees

  • $2,430 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Penthouse
  • Entry on the 3rd floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,495 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Skylights
  • Arched Windows
  • French Doors
  • Great Room
  • Den
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Screened Balcony
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 19470002645

Community Details

Overview

  • 2 Units
  • Low-Rise Condominium
  • Olde Naples Condos
  • Olde Naples Community

Amenities

  • Lobby
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

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

Security

  • Phone Entry
  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,929

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2,430 per month

Parking

1

Listing Details

  • Legal Description: 625 FIFTH AVENUE SOUTH A CONDOMINIUM UNIT 302
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141641$-81.798448$302.67$13.33$1.00$CAoSLEFGMVFpcFBONWxsdDZ3ak04WGNfU0t0b1g3RTZEc2oxeVdSdURUdlU3ZnZf
  • Building Design: Low Rise (1-3)
  • Building Description: Penthouse
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 1080.16
  • Total Floors: 1
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Laundry in Residence, Screened Balcony
  • Estimated Living Area: 2495
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Eat-in Kitchen
  • Elevator: Secured
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Washer
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Closet Cabinets, Foyer, French Doors, Smoke Detectors, Tray Ceiling, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Arched, Impact Resistant, Skylight

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: City
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Alarm, Entry Phone, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Limited Number Vehicles
  • Sub Condo Name: OLDE NAPLES
  • Condo Fees: 7290.18
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Pest Control Exterior, Reserve, Trash Removal
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Pets Limit Other: One Cat or One Dog, less than 17" in height or less than 25 lbs.
  • Development: Olde Naples
  • Amenities: Community Pool, Extra Storage
  • Units In Building: 2
  • Total Number of Units: 2

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Section: 3
  • Total Area: 2821
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Other
  • Parcel Number: 19470002645

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 9929.01
  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,088 $1,183,219 -- --
2024 $9,929 $1,149,873 -- --
2023 $9,929 $1,116,382 $0 $0
2022 $10,245 $1,083,866 $0 $0
2021 $10,402 $1,052,297 $0 $0
2020 $10,148 $1,037,768 $0 $0
2019 $10,020 $1,014,436 $0 $0
2018 $9,807 $995,521 $0 $0
2017 $9,654 $975,045 $0 $0
2016 $9,489 $954,990 $0 $0
2015 $9,692 $948,352 $0 $0
2014 -- $937,860 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2025 07/16/25 Price Changed $2,695,000 -3.7% $1,080 / Sq Ft
02/17/2025 02/17/25 Price Changed $2,799,000 -4.3% $1,122 / Sq Ft
01/09/2025 01/09/25 For Sale $2,925,000 -- $1,172 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,200,000 Attorney
Warranty Deed $1,000,000 --
Source: Public Records

Source: Naples Area Board of REALTORS®

MLS Number: 225004828

Naples Area Board of REALTORS®

APN: 19470002645