3 Bed Condominium for Sale in Naples
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For SaleMLS# 226007847

$10,495,000

3 Bed Condominium for Sale in Naples

490 5th Street 101, Naples, FL, 34102

3 beds3.5 baths4,811 sqft5 garage
Fitness CenterCommunity Pool

About this home

A truly one-of-a-kind Villa at the prestigious Residences at 5th on 5th, this exceptional villa offers approximately 5,000 square feet under air and 7,400 square feet total, perfectly positioned on iconic 5th Avenue South. Rare 5 car parking and private rooftop deck! The residence features three bedrooms plus a den, easily convertible to a fourth bedroom, and four and a half baths, delivering the scale and privacy of a single-family home with the ease of condominium living. Rich wood flooring, French doors, and private balconies create an elegant and inviting atmosphere. The chef’s kitchen is outfitted with premium appliances, a gas range, custom cabinetry, and an expansive island ideal for entertaining. A private elevator leads to the primary suite, a serene retreat with its own balcony and spa-inspired bath. Designed for extraordinary living, the home includes a rare underground entertaining room with a bar and a theater, as well as a private rooftop oasis with outdoor kitchen, jacuzzi, and sweeping sunset views. Five private parking spaces, including an attached two-car garage, add exceptional convenience. Just moments from world-class dining, nightlife, and only five blocks from the beach, this residence represents luxury living at its finest.

Property details

Type
Condominium
Year built
2018
Interior
4,811 sqft
Lot size
Not specified
Acreage
Not specified
Garage
5 car
Days on market
98
Total association fees
$61,860/yr (~$5,155/mo)
CDD
None
Est. taxes (1.4%)
$146,930/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
Yes
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Collier

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementCableTvInsuranceLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlReserveFundSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BikeStorageBusinessCenterFitnessCenterBarbecuePicnicAreaPoolSpaHotTubStorageManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2375 Lantern LaneMar 2026$11,300,0004/44,804$2,352
Average1 comps$11,300,000$2,352

Market trends, Naples

Median list
$677,000
Median $/sqft
$367
Median sold (90d)
$605,000
Avg days on market
112
Active listings
3,977
Median sold price · Naples
$605,000last 3 months3.2% vs $625,000 prior 3 months
Median closed price by month · Naples
1.7% MoM4.2% YoY
$530k$600k$670kJul ’25Aug ’26
$590,000Aug ’26 · 469 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Built 2018 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Impact Windows/Doors
  • 5-car garage
Consider
  • Higher association fees (~$61,860/yr)
Location convenienceHigh
Hospital
1 mi
NCH Baker Hospital (Naples)
Beach
0.9 mi
Naples Pier / Beach
Airport
1.7 mi
Naples Airport
Shopping
1.7 mi
Coastland Center (Naples)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.