$1,899,000
3 Bed 3.5 Bath Waterfront Condominium for Sale in NAPLES BAY RESORT, FL
1540 5th Avenue D303, Naples, FL, 34102
About this home
Experience luxury waterfront living at the prestigious Naples Bay Resort in this beautifully appointed 3 bedroom, 3.5 bath residence. Enjoy an open-concept layout with high ceilings, abundant natural light, and 3 private balconies overlooking the marina. The gourmet kitchen features granite countertops, custom cabinetry, Wolf stainless steel appliances, and a mosaic tile backsplash and the best part a gas cook top. The spacious primary suite offers water views, two walk-in closets, and a spa-inspired ensuite bath complete with dual vanities, soaking tub, bidet, and glass-enclosed shower. An additional guest bedroom provides an ensuite bath, and its own private balcony, while the third bedroom is a bedroom it can also be used as a den or office with an additional ensuite. All bedrooms are enhanced by elegant Legno Bastone wide-plank wood floors. Robb and stucky furniture package included. All impact Glass and sliders. A spacious Laundry room with sink and folding station and lots of cabinets for storage is also available inside the unit. The unit offers two assigned parking spots underneath the building. Enjoy world-class amenities at Naples Bay Resort, including multiple resort pools, a full-service spa, fitness center, tennis courts, fine dining, and a 97-slip marina with direct Gulf access. Conveniently located near 5th Avenue South, this residence offers the perfect blend of luxury, lifestyle, and location.
Property details
- Type
- Condominium
- Year built
- 2008
- Interior
- 2,318 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 82
- Total association fees
- $18,768/yr (~$1,564/mo)
- CDD
- None
- Est. taxes (1.4%)
- $26,586/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- Yes
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1525 OSPREY Avenue | Dec 2025 | $1,850,000 | 4/2 | 2,240 | $826 |
| 1130 3RD AVE S Avenue 115 | Jan 2026 | $2,225,000 | 2/2 | 2,230 | $998 |
| 1035 3rd Avenue 402 | Jul 2026 | $2,350,000 | 3/3 | 2,264 | $1,038 |
| 980 5th Street | Feb 2026 | $2,350,000 | 3/3 | 2,143 | $1,097 |
| 1125 Central Avenue 267 | Aug 2025 | $1,925,000 | 2/2 | 2,282 | $844 |
| 1809 Kingfish Road | Jul 2025 | $2,325,000 | 3/3 | 2,137 | $1,088 |
| Average | 6 comps | $2,170,833 | $982 |
Market trends — Naples
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.
Price & status history
Down $190,000 (9.7%) from the original list price.
| Feb 4, 2026 | Sold | $1,760,000 |
| Dec 4, 2025 | Price reducedfrom $1,950,000 | $1,899,000 |
| Oct 17, 2025 | Listed | $1,950,000 |
The good, the trade-offs & the location
- Built 2008 — post-2002 Florida wind codes (typically lower insurance)
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Higher association fees (~$18,768/yr)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.