40 5th Ave S Naples, FL 34102

$18,900,000
5 beds
6 full, 1 partial
7,635 sqft
0.3 acres
$2,475 / sqft
House

Property details

About 40 5th Ave S

WOW A $5,100,000 PRICE REDUCTION FOR THIS INTOWN AND ALMOST BEACH FRONT LOCATION LOCATED ON POPULAR 5TH AVE S IN OLD NAPLES the elevation is high and dry with views of the gulf just 1-home in from the white sugar sandy beach. A MAGNIFICENCE TWO STORY HOME that looks like a castle with 5 BEDROOMS, 7 BATHS, LIBRARY/ OFFICE, ENTERTAINMENT GRAND PARLOR/ BAR, WINE ROOM, POOL/SPA 5 OPEN TERRACES and a ROOF TOP DECK TO WATCH SUNSET! HIGH IMPACT GLASS WINDOWS, poured concrete construction and architectural curved walls, rotunda ceilings 24’ ceiling height in foyer with 6’ chandelier by John Walker.Impressive curb appeal with circular driveway, power gates, paver walkways & lush landscaping of topical plantings boarder the 85’ X 150’ lot. Rear alley access to 3 car garage & elevator that serves to all living levels. EVERYONE IS RAVING ABOUT THE KITCHEN AND THE COUNTERTOPS THAT LOOK LIKE LEATHER. A custom blend of granite and quartz (quartzite) artisans created this rich color “jabot brown suede” that in center island to this DREAM kitchen: 2- dishwashers, 2 refrigerator drawers, DEEP CUSTOM DRAWERS, CUSTOM CHINA BUFFET, WALK-IN PANTRY, SUB ZERO REFRIGERATOR, ICE MAKER AND MORE. The dining room has a climate controll wine room (800 bottles). Upon arrival, guest are greeted in a two story grand foyer with dramatic staircase. The fireplace living room adjacent to the wine room for intimate retreats ultimate venues for family friends gatherings. Family room filled with light and french doors that lead out to spacious open air terrace with views of the Gulf. Ultimate culinary chefs kitchen /Viking gas stove, the center island is jatoba brown suede quartzite a work of art on all the counters perfect combination to the rich wood cabinetry, 2 dishwashers, butlers pantry, built-in china cabinets, refrigerator drawers, separate ice maker, sub zero refrigerator & freezer. The architect designed a dining area in the round with rotunda ceiling opens that brings the family and guest together. First level- luxurious primary suite with stain glass window in bathroom, large walk in closet. Laundry room with porthole window and spacious counters and storage. Second level the Parlor is like stepping into a Hollywood movie set. The detailed millwork, the custom built wood bar, entertainment area that flows with ease to adjacent office/ library. French doors open to magnificent open terrace with view of the Gulf of Mexico. Four large guest bedrooms each with private bathrooms. An outside spiral staircase to the roof top decks with built in seating to enjoy sunset. Tucked on south side is the pool, spa and private bath. This home was designed to entertain and is the perfect venue for philanthropy events and family celebrations! Its an active fun lifestyle to walk to all the shops, restaurants, parades, art shows, right here on 5TH Avenue S. The beach walks and swims will energize your soul. A legacy property perfect for multigenerational gatherings.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Zoned
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, Zoned
Size7,635 sqft
Lot size0.29 Acres
Year built2002
ParkingAttached, Circular Driveway, Driveway, Garage, Paved, On Street, Garage Door Opener
MLS #224022030
Attached garage3 spaces
ViewGulf, Other
Private poolYes

Summary

  • MLS Number: 224022030
  • MLS Name: SWFL
  • Office Name: Coldwell Banker Realty
  • Office Phone: (239) 262-7131
  • Office Email: albert.yabor@cbrealty.com
  • Listing Agent: Mike Taranto

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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mediterranean / spanish-style house featuring a yard

$18,900,000

40 5th Ave S

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Price information

Property sales

DateEventPrice
Sep 25, 2019
Home Sold
$6,175,000
Apr 28, 2004
Home Sold
$5,550,000
Apr 12, 1999
Home Sold
$975,000

Tax history

YearAssessmentProperty Tax
2023$7,498,688$91,250
2022$6,816,989$84,734
2021$6,197,263$84,734
2020$5,659,628$73,403
2018$5,603,768$57,406
2017$5,408,851$55,730

History based on county public records data.

Nearby schools

10

Lake Park Elementary School

Public District KG-5

1.9 mi

1295 14th Ave N

8

Shadowlawn Elementary School

Public District KG-5

2.3 mi

2161 Shadowlawn Dr

5

Avalon Elementary School

Public District PK-5

3.4 mi

3300 Thomasson Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $252,011. Typical income of Naples, FL residents is $200k+ annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

8%
<35k
22%
35k-100k
13%
100k-200k
57%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
3%
Single, with Kids
59%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
4%
18-34 yrs old
40%
35-64 yrs old
42%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • ChipotleChipotle

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • BMWBMW

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 40 5th Ave S

This home is located at 40 5th Ave S in Naples, FL and zip code 34102 in the Old Naples neighborhood. This 7,635 square foot home, which was built in 2002, sits on a 0.29 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $18,900,000.

In January 2025, from all listings sold in Naples, FL there were more than 23 sold above asking price, over 405 sold below and more than 48 were sold right at the asked price. The number of listings in Naples, FL increased by 21.3% between December and January 2025. While the average time on the market in January 2025 was 91 days, the median list price was $640,032.

From Rocket Homes Real Estate and based on county public records data.

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