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5 Watercolor WAY #5, Naples, FL, 34113

4beds
2baths
1,580sqft
$255,000
$161price/sqft
$1,923/moest. monthly cost
$76,920/yrincome needed

About This Home

Fully Remodeled 2024 4 Bed, 2 Bath Condo Just Minutes from Naples Beaches! Brand new plumbing, drywall, kitchen cabinets, kitchen countertops, vinyl flooring, paint, bathroom vanities and shower tiles. Stunning spacious condo offers modern living in an unbeatable location—just minutes to the beach, downtown Naples, shops, and restaurants. With 4 bedrooms, 2 full baths, and an attached garage, there’s room for everyone, whether you're looking for a full-time home, vacation getaway, or investment. Rented until May 2026. Photos virtually staged.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

7/10
Lely Elementary SchoolGrades PK-52.6 mi
7/10
Manatee Middle SchoolGrades 6-84.9 mi
5/10
Lely High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Concrete Block
  • Roof: Shingle
  • Construction materials: Block,Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Other

Features

  • Smoke Detectors,Family Room,Guest Bath,Guest Room,Laundry in Residence,Screened Balcony,Screened Lanai/Porch
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,580 sqft

Property

Details

  • Parcel number: 33380200005

Features

  • Stories: 2
  • Pool features: Community
  • Patio & porch: Screened Lanai/Porch
  • Exterior features: Balcony,Tennis Court(s)
  • Has view: Yes
  • Waterfront features: None

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Coastal Flooding
Heat Wave
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 $1,289$15,468
Home Insurance *$190$2,280
Property Taxes $247$2,964
Electricity $197$2,366
Total$1,923$23,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,931/yr
40% on housing$57,690/yr
45% on housing$51,280/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

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 34113$378
Collier County$526

vs Homes Sold Last Month

Median $/sqft

ZIP 34113$428
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
2025-11-10Price change$255,000
2025-10-26Price change$260,000
2025-09-26Price change$265,000
2025-06-03Listing removed$2,350
2025-04-18Listed for rent$2,350
2025-04-16Price change$299,000
2025-04-07Price change$305,000
2025-03-21Price change$312,500
2025-03-10Price change$319,000
2025-03-03Price change$324,000
2025-02-13Price change$329,000
2025-01-10Listed for sale$335,000
2024-12-30Listing removed$349,000
2024-12-12Price change$358,000
2024-11-23Price change$365,000
2024-11-09Listed for sale$375,000
2024-09-10Sold$205,000
2024-07-25Listed for sale$259,900
2024-07-23Listing removed--
2024-05-21Price change$285,000
2024-05-03Price change$299,000
2024-04-08Price change$319,500
2024-04-03Price change$334,005
2024-03-29Listed for sale$335,000
2008-11-14Sold$92,400
2005-09-19Sold$275,000
1999-10-12Sold$84,000

Pre-Foreclosure - For Sale by Agent

AgentArienne Branco
BrokerageSerhant

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