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$625,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 480 5th St S #202
General
- Price: $625,000
- HOA FEE: $833/month
- HOA FEE FREQ.: Quarterly
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026017700
- Updated: 5/16/2026
- Added to Site: 3 day(s) ago
Rental Information
- Lease/Rent Term: 7
- Min. Lease (Days): 7
Interior
- Interior Features: Split Bedrooms
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Combo Tub And Shower
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Dining Room: Breakfast Bar
- Laundry: Washer/Dryer Hookup
Additional Information
- Shared Amenities: Pool, Condo/Hotel
Exterior
- Exterior Features: Courtyard
- Porch/Patio/Deck: Patio
Parking
- Parking Features: 1 Assigned
Location
- Area: NA06 - Olde Naples Area Golf Dr to 14th Ave S
- County: Collier
- Subdivision: KENSINGTON GARDENS
- Building Name: OLDE NAPLES
- Direction Faces: South
Community
- Assoc. Fees Include: Irrigation Water, Legal/Accounting, Manager, Pest Control Exterior, Rec Facilities, Reserve, Sewer, Trash, Water
- Units Assoc/Comm: 12
- Pets Allowed: Yes
- Number of Pets: 1
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Underground Utilities, Cable Available
Structural Information
- Architectural Style: Florida, Garden Apt
- Description/Design: Low Rise (1-3)
- Exterior Const.: Concrete Block, Stucco
- Roof: Built-Up or Flat, Metal
- Windows: Sliding
- Entry Floor Number: 2
- Stories/Levels: 2
- Stories in Building: 1
- Square Feet: 536
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 536 Sq. Ft.
- Year Built: 1965
Lot Features
- Property View: Landscaped Area
- Lot Size Source: Property Appraiser Office
- Street/Road Desc.: Paved
- Fence: Yes
- Irrigation System: None
- Lot Features: Corner Lot
- Lot Description: Corner Lot
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Condo Fee: $2,500
- Condo Fee Freq: Quarterly
- Application Fee: $150
- Tax Year: 2025
- Terms: Buyer Finance/Cash, Cash, FHA
Disclosures and Reports
- Ownership: Condo
- Legal Description: KENSINGTON GARDENS A CONDOMINIUM UNIT 202
- Property ID: 10770000168
- Section: 9
- Lot Number: 202
Listed by John R. Wood Properties
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Schools
Schools serving 480 5th St S #202
School District:Collier County School District
| Name | Grades | Distance |
|---|---|---|
Lake Park Elementary School, Naples, FL 1295 14th Avenue North, Naples, FL 34102 | K-5 | 1.7 mi |
Naples High School 1100 Golden Eagle Circle, Naples, FL 34102 | 9-12 | 2.1 mi |
Gulfview Middle School 255 6th Street South, Naples, FL 34102 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 480 5th St S #202
Date
Details
Price
Change
Source
5/16/2026
Listed
$625,000
108.33%
MLS
3/04/2008
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 480 5th St S #202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,051
6%
$431,089
10%
2024
$3,835
4%
$391,899
10%
2023
$3,696
22%
$356,272
21%
2021
$3,021
-17%
$294,440
-9%
2022
$3,623
20%
$323,884
14%
2021
$3,021
8%
$283,720
4%
2019
$2,800
8%
$272,674
10%
2018
$2,585
4%
$247,885
-4%
2017
$2,484
10%
$256,920
11%
2016
$2,261
14%
$231,800
24%
2015
$1,981
4%
$186,240
5%
2014
$1,907
—
$177,200
1%
2013
$1,913
—
$175,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 480 5th St S #202
480 5th St S #202, Naples, FL 34102 (MLS# 2026017700) is a Single Family property with 1 bedroom and 1 full bathroom. 480 5th St S #202 is currently listed for $625,000 and was received on May 16, 2026. Want to learn more about 480 5th St S #202? Do you have questions about finding other Single Family real estate for sale in Naples? You can browse all Naples real estate or contact a Coldwell Banker agent to request more information.

