In heart of Old Naples, 505 on Fifth is an eight-residence complex styled in a beautiful contemporary manner. Unit 201 has a 9-by-50-foot balcony overlooking 5th Avenue South that looks across the street to a small park. This three-bedroom condominium has 10-foot ceilings with 2.5 baths. Fully furnished, including art, this second-floor condominium is ready to move in. When you are having a cocktail on your balcony, you look left and right and see all activity on 5th Avenue. At night, you see all the lights and excitement of entertainment, Naples style! Just outside your door, you can go to coffee, dining and world-class shopping. You are also just five blocks from the sandy beaches of the Gulf of Mexico. The gourmet kitchen has a wall of cabinetry, high-end Wolf, Sub-Zero and Bosch appliances, a walk-in pantry, and a large island with seating on one side. The dramatic great room and dining room have sliding glass doors that open to the balcony on 5th Avenue South. The primary bedroom has two walk-in closets, and a bath with two sinks and separate shower and bath. In-unit laundry too. On the street level, there is one dedicated parking spot in the garage.
Interior: Wet Bar, Breakfast Bar, Bedroom on Main Level, Bathtub, Tray Ceiling(s), Closet Cabinetry, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Separate Shower, Cable TV, Walk-In Pantry, Bar, Walk-In Closet(s), Wired for Sound, High Speed Internet
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: City
Exterior: Security/High Impact Doors, Patio
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Attached, Covered, Underground, Garage
Lot Features
Lot Information:
Lot: Other
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Ceiling Fan(s), Electric
Price Information
Listing Price Info
Price Summary:
List Price: $4,950,000
Price Per SqFt: $1,889/SqFt
Tax Information:
Annual Amount: $72,908
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Naples, FL.
This property is $4.3M more than the Median Sold Price and $1.5K/SqFt more than other homes in Naples, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #224086440
Listing Office:
Office Name: Premier Sotheby's Int'l Realty
Office Phone: (239) 434-2424
Listing Agent: Bill Frantz
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 18, 2019
Dec 18, 2019Home Sold
$1,995,000
Aug 07, 2019
Aug 07, 2019Home Sold
$3,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$72,908
$5,878,991
2018
$53,152
$4,170,686
2017
$35,028
$3,594,891
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.7K
Per Month
Principal & Interest
$24.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.9K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Lake Park Elementary School
1295 14th Ave N
Distance between this listing and this school1.72 miles
Public District Grades KG-5
8
/10
Shadowlawn Elementary School
2161 Shadowlawn Dr
Distance between this listing and this school1.96 miles
Public District Grades KG-5
5
/10
Avalon Elementary School
3300 Thomasson Dr
Distance between this listing and this school3.15 miles
Public District Grades PK-5
Nearby Schools
6
/10
Gulfview Middle School
255 6th St S
Distance between this listing and this school0.26 miles
Public District Grades 6-8
3
/10
New Beginnings - Naples
3710 Estey Ave
Distance between this listing and this school2.25 miles
Public District Grades 3-8
4
/10
Gulf Coast Charter Academy South
215 Airport Pulling Rd N
Distance between this listing and this school2.34 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Naples High School
1100 Golden Eagle Cir
Distance between this listing and this school2.16 miles
Public District Grades 9-12
9
/10
Lorenzo Walker Technical High School
3702 Estey Ave
Distance between this listing and this school2.24 miles
Public District Grades 9-12
1
/10
Beacon High School
3710 Estey Ave
Distance between this listing and this school2.25 miles
The neighbors living near this home have an average income of $57,937. The majority of Naples, FL residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 505 5th Ave S
What is the listing price of this property?
The listing price of 505 5th Ave S property is $4,950,000.
What type of property is this?
The property 505 5th Ave S is a condo located in Naples, Florida, 34102.
Is this property for sale now?
Active Listing: 505 5th Ave S is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $72,908 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 18, 2019 for $1,995,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 505 5th Ave S has 2 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 505 5th Ave S is 2,620 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 505 5th Ave S is 2019.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 505 5th Ave S in Naples, FL and zip code 34102 in the Old Naples neighborhood. This 2,620 square foot home was built in 2019. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $4,950,000.
Naples, FL housing market in October 2024 saw over 18 listings sold above listed price, more than 51 sold at listed price and over 365 sold below. The number of listings in Naples, FL increased by 8.1% between September 2024 and October 2024. In October 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $638,283.
From Rocket Homes Real Estate and based on county public records data.