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480 5th St S APT 202, Naples, FL, 34102

1beds
1baths
536sqft
$625,000
$1,166price/sqft
$4,236/moest. monthly cost
$169,440/yrincome needed

About This Home

Location, location, location in the heart of Olde Naples! Welcome to Kensington Gardens, a charming vacation rental community just one block from world-famous Fifth Avenue South and only a short stroll to the white sandy beaches of the Gulf of Mexico. This beautifully updated 1-bedroom, 1-bath condominium offers the perfect Naples retreat with a bright coastal feel, tasteful furnishings, ceramic tile throughout, and in-residence laundry for added convenience. Situated in one of Naples’ most walkable and desirable downtown locations, guests can enjoy easy access to upscale dining, boutique shopping, art galleries, live entertainment, cafés, and local favorites throughout Fifth Avenue South and nearby Third Street South. Kensington Gardens offers classic Olde Naples charm with a relaxed atmosphere, making it ideal as a seasonal getaway, investment property, or personal vacation escape. Owner has a recent inspection report available. Property is being sold AS IS, and reasonable offers will be considered.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

10/10
9/10
Gulfview Middle SchoolGrades 6-80.3 mi
6/10
Naples High SchoolGrades PK,9-122.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1965

Materials

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

Type & Style

  • Home type: Condo
  • Architectural style: Florida,Garden Home,Two Story,Low Rise
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Range,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Bar,Tub Shower,Split Bedrooms,None
  • Window features: Sliding
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 536
  • Total interior livable area: 536 sqft

Property

Details

  • Parcel number: 10770000168
  • Lease amount: 0

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Patio & porch: Patio
  • Exterior features: Courtyard,Fence,None,Patio
  • Has view: Yes
  • View description: Landscaped
  • Waterfront features: None

Lot

  • Features: Corner Lot

Parking

  • Parking features: Assigned,One Space

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
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Coastal Flooding
Cold 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 $3,160$37,920
Home Insurance *$396$4,752
Property Taxes $483$5,796
Electricity $197$2,366
Total$4,236$50,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,234/yr
40% on housing$127,080/yr
45% on housing$112,960/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

$1,166This 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
2026-05-16Listed for sale$625,000
2026-03-02Price change$6,000
2025-10-27Listed for rent$5,500
2025-10-23Listing removed$4,900
2025-09-22Price change$4,900
2025-09-19Price change$5,000
2025-05-02Price change$5,500
2024-11-21Listed for rent$6,000
2024-11-19Listing removed$6,000
2024-09-05Listed for rent$6,000
2024-08-21Listing removed--
2024-06-11Price change$6,000
2024-03-19Price change$5,900
2024-02-24Listed for rent$6,000
2023-12-20Listing removed--
2023-07-31Listed for rent$6,000
2020-06-16Listing removed$4,500
2017-11-29Listed for rent$4,500
2008-03-10Sold$300,000

For Sale by Agent

AgentChrisdyan Linares
BrokerageJohn R. Wood Properties

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