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505 Broad AVE S #505, Naples, FL, 34102

2beds
2baths
911sqft
$659,000
$723price/sqft
$4,270/moest. monthly cost
$170,800/yrincome needed

About This Home

Perfectly located in the heart of Olde Naples, this beautifully updated 2-bedroom, 2-bath second-floor end-unit residence is part of Southwinds, a well-maintained community of only 18 units, offering a quiet, boutique-style living experience. Just two blocks from the just opened Olde Naples Hotel and elegant shops and renowned dining of Third Street South and a short stroll to the white-sand beaches of the Gulf makes this is Naples living at its finest.The bright, southern-exposure end unit is offered fully furnished and features tile flooring throughout, plantation shutters, and an open, contemporary kitchen with a center island, quartz countertops, and a sparkling tile backsplash. The open kitchen design, combined with the additional windows typical of an end unit, fills the living and dining areas with natural light—perfect for everyday living and easy entertaining. The primary suite features an updated bath and one walk-in closet, while the guest bedroom offers its own walk-in closet and a convenient Murphy bed, ideal for hosting visitors while still allowing flexibility for a home office or den. Enjoy added peace of mind with all impact-resistant windows and the sense of security that comes with 2nd-floor living. Additional conveniences include an in-unit washer and dryer, a separate exterior storage closet, one assigned parking space, and very low condo fees. Recent updates include a new A/C system and water heater (2024), offering comfort and efficiency. Whether you’re seeking a seasonal getaway, full-time residence, or a smart investment in one of Naples’ most desirable locations, this move-in-ready Olde Naples condo allows you to begin enjoying the Southwest Florida lifestyle immediately.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

10/10
9/10
Gulfview Middle SchoolGrades 6-80.8 mi
6/10
Naples High SchoolGrades PK,9-122.7 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Concrete Block
  • Roof: Built-Up
  • Construction materials: Block,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator/Icemaker,Self Cleaning Oven,Washer
  • Laundry features: Inside

Bedroom

  • Features: Split Bedrooms

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Breakfast Bar, Dining - Family

Features

  • Built-In Cabinets,Smoke Detectors,Walk-In Closet(s),Window Coverings,Great Room,Guest Bath,Guest Room,Laundry in Residence
  • Window features: Window Coverings,Impact Resistant Windows
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 911
  • Total interior livable area: 911 sqft

Kitchen

  • Features: Island, Pantry

Property

Details

  • Parcel number: 19760080005

Features

  • Levels: Two
  • Stories: 1
  • Exterior features: Courtyard
  • Has view: Yes
  • View description: Landscaped Area
  • Waterfront features: None

Parking

  • Parking features: Assigned,Driveway,Guest
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Collier County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,332$39,984
Home Insurance *$417$5,004
Property Taxes $324$3,888
Electricity $197$2,366
Total$4,270$51,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,400/yr
40% on housing$128,100/yr
45% on housing$113,866/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$723This listing

vs Other Active Listings

Avg $/sqft

ZIP 34102$1,891
Collier County$526

vs Homes Sold Last Month

Median $/sqft

ZIP 34102$1,238
Collier County$385

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-17Price change$659,000
2026-04-17Price change$699,000
2026-02-13Listed for sale$750,000
2020-09-15Sold$475,000
2020-08-07Pending sale$489,000
2020-07-17Listed for sale$489,000

For Sale by Agent

AgentTom Ostrander
BrokerageCompass Florida LLC

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