3 Bed 3.5 Bath Waterfront Condominium for Sale in NAPLES BAY RESORT, FL
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SoldMLS# 225073253

$1,899,000

3 Bed 3.5 Bath Waterfront Condominium for Sale in NAPLES BAY RESORT, FL

1540 5th Avenue D303, Naples, FL, 34102

3 beds3.5 baths2,318 sqft2 garage
GatedTennisBoatingFitness CenterClubhouseCommunity PoolOn-site DiningWaterfront

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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerStreetLightsSecurityTrashWater

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

Amenities

MarinaBusinessCenterCabanaClubhouseConciergeFitnessCenterBarbecuePicnicAreaPrivateMembershipPoolRestaurantSaunaSpaHotTubSidewalksTennisCourtsManagement
Below marketThis home is priced below comparable recent sales — a potential value.
This home
$819/sqft
Comp median
$1,018/sqft
Difference
-20%

Based on the $/sqft of 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
1525 OSPREY AvenueDec 2025$1,850,0004/22,240$826
1130 3RD AVE S Avenue 115Jan 2026$2,225,0002/22,230$998
1035 3rd Avenue 402Jul 2026$2,350,0003/32,264$1,038
980 5th StreetFeb 2026$2,350,0003/32,143$1,097
1125 Central Avenue 267Aug 2025$1,925,0002/22,282$844
1809 Kingfish RoadJul 2025$2,325,0003/32,137$1,088
Average6 comps$2,170,833$982

Market trends — Naples

Median list
$685,000
Median $/sqft
$371
Median sold (90d)
$620,000
Avg days on market
110
Active listings
4,224
Median sold price · Naples
$620,000last 3 months2.4% vs $635,000 prior 3 months
Median closed price by month · Naples
0.8% MoM10.5% YoY
$530k$599k$668kJul ’25Jul ’26
$630,000Jul ’26 · 378 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.

Price & status history

Down $190,000 (9.7%) from the original list price.

Feb 4, 2026Sold$1,760,000
Dec 4, 2025Price reducedfrom $1,950,000$1,899,000
Oct 17, 2025Listed$1,950,000

The good, the trade-offs & the location

Pros
  • Built 2008 — post-2002 Florida wind codes (typically lower insurance)
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Higher association fees (~$18,768/yr)
Location convenienceHigh
Hospital
1.3 mi
NCH Baker Hospital (Naples)
Beach
1.5 mi
Naples Pier / Beach
Airport
1.2 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.