4 Bed 4.5 Bath Condominium for Sale in RESIDENCES AT 5TH & 5TH, FL
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For RentMLS# 225071703

$20,000

4 Bed 4.5 Bath Condominium for Sale in RESIDENCES AT 5TH & 5TH, FL

490 5th Street 101, Naples, FL, 34102

4 beds4.5 baths4,822 sqft2 garage
GatedBeach AccessFitness CenterCommunity Pool

About this home

Available Annually ($20,000/month) and Seasonally ($40,000/month). For the first time ever, a rental is available at the ultra-prestigious Residences at 5th and 5th—your perfect new home in the heart of Old Naples. Situated directly on iconic 5th Avenue South, this exquisite 3-bedroom plus den (den can be easily converted to a 4th bedroom), 4.5-bath villa embodies the pinnacle of luxury living. Spanning nearly 7,500 square feet across four light- filled levels, the home is appointed with elegant furnishings, a neutral color palette, and refined finishes throughout. The inviting living room features a chic sectional, rich wood flooring, and French doors that open to a private balcony. Culinary enthusiasts will delight in the chef’s kitchen, showcasing premium appliances, a gas range, custom cabinetry, and an expansive island with breakfast seating. The adjacent dining area, complete with a stylish table for six and a wine cooler, sets the stage for effortless entertaining. Ride your private elevator to the primary suite, a true sanctuary with its own balcony, brand-new king bed, and custom walk-in closet (photos coming soon). The spa-inspired primary bath boasts a soaking tub, walk-in shower, and TV. Two additional guest suites, each with a king bed, ensure visitors are equally indulged. A relaxed family room with balcony access offers yet another space to unwind while enjoying views of the city lights. On the garage level, a bonus entertainment room with a built-in bar provides the perfect setting for gatherings. Perched high above exciting 5th Avenue, your private rooftop oasis awaits—complete with hot tub and sweeping views of Naples’ legendary sunsets. Also on the rooftop level is the shared pool, grill area and bar. A fitness center is available to all residents on the lobby level. Practical luxuries include an oversized two-car garage with abundant storage and three additional covered, assigned parking spaces. Just outside your door to discover world-class dining, boutique shopping, and the sugar-white sands of Naples’ beaches. Live exceptionally in Old Naples!

Property details

Type
Condominium
Year built
2018
Interior
4,822 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
293
Total association fees
None
CDD
None
Est. taxes (1.4%)
$280/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
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
No
County
Collier

Amenities

BeachRightsBeachAccessBikeStorageBusinessCenterFitnessCenterBarbecuePicnicAreaPoolSpaHotTubStorageSidewalksTrash

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Market trends — Naples

Median list
$679,400
Median $/sqft
$371
Median sold (90d)
$620,000
Avg days on market
109
Active listings
4,190
Median sold price · Naples
$625,000last 3 months1.6% vs $635,000 prior 3 months
Median closed price by month · Naples
0.4% MoM10.1% YoY
$530k$599k$668kJul ’25Jul ’26
$627,500Jul ’26 · 361 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 $12,500 (38.5%) from the original list price.

Jul 14, 2026Price reducedfrom $28,000$20,000
Sep 24, 2025Listed$32,500

The good, the trade-offs & the location

Pros
  • Built 2018 — post-2002 Florida wind codes (typically lower insurance)
  • 2-car garage
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

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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.