Downtown Naples • Fifth Avenue South • Four Boutique Residences

Modena Condos Market Report

The Modena Market Report tracks current listings and recent transactions for one of Downtown Naples' smallest boutique condominium buildings. Because Modena contains only four private residences, the value of an individual condo should be determined property by property rather than from a broad building or Downtown Naples average.

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How to Read the Modena Market Report

Use the live RealGeeks tables below for changing information such as current availability, asking prices, recent closed prices, price per square foot and days on market. With only four residences in the building, there may be long periods with little or no transaction activity.

Small-sample warning: a single Modena sale can dramatically change a building-wide average. That does not mean every residence gained or lost the same amount of value.

A Four-Residence Boutique Condo Market

Modena at 380 10th Street South is fundamentally different from a large Downtown Naples condominium development. Buyers are comparing only four private residences, making the characteristics of the exact condo unusually important.

When a recent Modena transaction exists, it provides valuable building-specific evidence. Adjustments may still be necessary for living area, floor plan, residence position, garage, additional parking, balcony, storage, renovation and major systems.

What Influences Modena Condo Value?

Living Area Confirm recorded square footage and usable interior space.

Floor Plan Compare bedrooms, den or study, primary suite and overall functionality.

Residence Position Evaluate floor, exterior exposure, privacy, light and neighboring buildings.

Private Garage Verify exact garage rights, dimensions, condition and legal conveyance.

Additional Parking Confirm assigned spaces and current guest-parking arrangements.

Balcony Compare orientation, privacy, usable depth, exposure and outdoor function.

Private Storage Verify location, dimensions and rights associated with the residence.

Renovation Separate visible cosmetic improvements from major-system upgrades.

Four-Owner Association Due Diligence

Modena's extremely small condominium association deserves careful financial review. Each residence represents a substantial share of the building, so major repairs, insurance changes or capital projects can have a greater per-owner impact than they might in a large condominium tower.

Budget Review current operating expenses and how shared costs are allocated.

Reserves Evaluate reserve balances, contributions and anticipated future work.

Insurance Review master coverage, deductibles and individual-owner responsibilities.

Assessments Determine whether assessments are existing, approved or under discussion.

Capital Projects Review planned roof, exterior, balcony, garage and shared-system work.

Maintenance Confirm responsibility for windows, doors, balconies, garages and other elements.

Renovation & Major Systems

Attractive kitchens, bathrooms, flooring and furnishings can improve marketability, but those items should be analyzed separately from HVAC, plumbing, electrical systems, windows, doors and storm protection.

Buyers should review permits and association approvals for significant alterations whenever available, particularly when walls, plumbing, electrical systems or exterior openings were modified.

Downtown Naples Location

Modena's location at 380 10th Street South is an important permanent component of value. The building provides convenient access to Fifth Avenue South, Downtown Naples restaurants and shops, the Naples Design District and the broader Olde Naples area.

Modena is not a Gulf-front or marina condominium. Its competitive advantage is a combination of boutique privacy, larger residence footprints, private garage parking and Downtown Naples accessibility.

How to Compare Modena Sales

Same-building sales should normally provide the first comparison when relevant, but the very low turnover means an older Modena transaction may sometimes be less informative than a more recent sale in a carefully selected low-density Downtown Naples condominium.

Preferred valuation sequence: Modena → living area and floor plan → residence position → private garage and parking → balcony → storage → renovation and major systems → association condition → relevant comparable sales.

Using the Report as a Buyer or Seller

Buyers should use current listings and recent sales as market evidence, then determine how closely each property matches the specific Modena residence being considered.

Sellers should document living area, floor plan, residence position, garage, additional parking, balcony, private storage, renovation, major-system improvements and association condition rather than relying on a general Downtown Naples price-per-square-foot average.

Explore Modena Real Estate

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Modena Property-Specific Market Analysis

Schulz Realty can help buyers and sellers evaluate an individual Modena residence according to floor plan, living area, garage and parking rights, balcony, storage, renovation, association condition and the most relevant Downtown Naples comparable sales.

Contact Schulz Realty for Listings & Private Tours

Current Modena Listings & Recent Sales

Review the live RealGeeks market-report information below for current Modena activity. Because only four residences exist, periods without an active listing or recent closed transaction are normal and should not automatically be interpreted as weak demand.

Property availability, MLS status, residence dimensions, garage and parking rights, storage, balcony characteristics, association fees, reserves, insurance, assessments, maintenance responsibilities, rental provisions, pet policies, flood information, storm protection, major systems and individual residence features may change or vary. Buyers and sellers should verify material information through current condominium documents, financial statements, insurance information, public records, permits, inspections and title work before making a real-estate decision.