Best of Luxury Realty

Overview

Status: Active
Parking 1
Size: 2,620 ft²/243.41 m²
Price Per: $1,889.31 ft²/$20,336.40 m²
Type: Condo
Built: 2019
HOA: No info
MLS Number: 223087566
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On Site: 149 days
Updated: 24 Days Ago
Page Views: 7

Furnished 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 two full and one half-bath. 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 the activity on 5th Avenue. At night, you see all the lights and excitement of entertainment, Naples style! Just outside your door, you can walk 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 has 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.

Development Amenities

Development Amenities:

Bbq / Picnic Area
Beach Access
Bike Storage
Cabana
Community Pool
Community Spa / Hot Tub
Dog Park
Electric Vehicle Charging
Extra Storage
Internet Access
Putting Green
Shopping
Sidewalk
Street Lights
Underground Utility

Price History

Date	Event	Price	Change Rate	Price Per
04/02/2024	Price Reduced	$4,950,000.00	6.6%	$1,889.31 ft²/$20,336.40 m²
11/29/2023	Listed	$5,300,000.00		$2,022.90 ft²/$21,774.33 m²

Features

Property Details for 505 5th Unit 201, Naples, FL 34102

Olde Naples, Condo current status is Active, 505 5th Unit 201 is a Condo in , Naples, FL 34102 with property MLS ID# 223087566. This 2620square foot Condo sits on a 2620 square foot lot and features 3 bedrooms and 2.5 bathrooms. This Condo has been listed on Best of Luxury Realty since November 29, 2023 and is currently priced at 4,950,000. This property was built in 2019.

Bedrooms
Bedrooms: 3
Bedroom Description: No info

Bathrooms
Full Bathrooms: 2
Half Bathrooms: 1
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: None
View: City

Interior, Heating and Cooling
Interior Features: Bar, Cable Prewire, Closet Cabinets, Fireplace, Foyer, French Doors, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Walk- In Closet, Wet Bar, Window Coverings
Appliances: Cooktop - Electric, Dishwasher, Disposal, Dryer, Home Automation, Microwave, Range, Refrigerator, Refrigerator/freezer, Refrigerator/icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer, Washer/dryer Hookup
Heating Description: Central Electric
Cooling Description: No info

Building and Construction
Floor Description: Marble, Wood
Windows/Treatment: Impact Resistant
Construction Type: Concrete Block, Poured Concrete
Year Built: 2019

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: Olde Naples
Subdivision Name: 505 ON FIFTH
Property Type: Condo
Property Subtype: Residential
Type of Association: Homeowners
Garage Spaces: 1
Listing Date: 11/29/2023
Restrictions: Deeded,No RV
Pets Allowed: No
Area: 2992
Section: 4
Brokered By: Premier Sotheby's Int'l Realty
Legal Description: NAPLES T 6 BLK 16 LOTS 20-22, LESS THAT PORTION OF AIRSPACE ON THE 2ND AND 3RD FLOOR NKA 505 ON FIFTH CONDO AS DESC IN OR 5643 PG 921.

Taxes, Fees & More
Maintenance/HOA Fees: No info
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $34,505.00 (2022)
Real Estate Taxes: No info
Style Tran: No info
Special Information: Deed Restrictions, Seller Disclosure Available
Security Information: No info
Pet Restrictions: No info
Unit Design: No info
Front Exposure: S
Model Name: No info
Previous List Price: No info
Parking Description: 1 Assigned, Covered, Under Bldg Open
Total Floors In Building: 3
Total Units In Building: 8
Complex Name: 505 ON FIFTH
Total Units In Complex: 8

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Area Specialist

Buyer/Tenant Etiquette

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Luis Venegas

Real Estate Advisor

Office: (239) 690-6170

Email: lv@bestofluxuryrealty.com

Specialties:

Luxury Communities, Waterfront Single Family Homes

This property is courtesy of the Premier Sotheby's Int'l Realty. This listing has been viewed 7 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.