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Olde Naples, 40 S 5th Ave, Naples, FL 34102

18,900,000(-10.32% )
$16,950,000
5Beds
61/2Baths
7,635SqFt

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Details

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Status:
Active
Parking: 3
Size: 7,635 SqFt (709 m2)
Price: $2,220/SqFt ($23,897/m2)
Type: Single Family Home
Built: 2002
HOA: N/A
MLS Number: 224022030
View: Gulf, Landscaped Area
Updated: 3 Days ago
Page Views: 0
Old naples in town living 99 steps to the beach! Dramatic exquisite residence combines timeless architecture with modern comforts. The elevation is high and dry with views of the gulf and multiple expansive terraces and roof top deck. Upon arrival the grand foyer entrance 24’ ceiling height with stunning 6’ john walker chandelier shimmering with light and curved mahogany stair case. 5 bedroom suites with built in closet and private bath each furnished with king size bed. 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. The kitchen countertops look like leather are a custom blend of granite and quartz (quartzite) artisans created this rich color “jabot brown suede”. 2- dishwashers, 2 refrigerator drawers, deep custom drawers, walk-in pantry, sub zero refrigerator and freezer, ice maker and spice drawers. 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. Kitchen dining area in the round with rotunda ceiling seats 10 around the custom round table and topped off with designer lighting. 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 living downtown naples.
Features
Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 6
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, Open Porch/Lanai, Storage
  • View: Gulf, Landscaped Area
Interior, Heating and Cooling
  • Interior Features: Bar, Built-In Cabinets, Fireplace, Foyer, Pantry, Smoke Detectors, Wired for Sound, Walk-In Closet(s), Wet Bar, Window Coverings
  • Equipment / Appliances: Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer, Wine Cooler
  • Heating Description: Central Electric, Zoned
  • Cooling Description: Ceiling Fan(s), Central Electric, Zoned
Building and Construction
  • Floor Description: Carpet, Marble, Tile, Wood
  • Windows/Treatment: Window Coverings
  • Construction Type: House
  • Year Built: 2002
  • Style: Multi-Story Home, Traditional, Single Family
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 3
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: None
    • Taxes: 91250
    • Security Information: Security System, Smoke Detector(s)
    • Parking Description: Circular Driveway, Driveway Paved, On Street, Attached
    • Total Floors in Building: 3
    • Total Units in Building: 1

    Price History

    07/01/2025

    Date

    Price Reduced

    Event

    $17M

    Price

    -10.32%

    Change Rate

    $2,220 ft2 / $23,897 m2

    Price Per

    01/24/2025

    Date

    Price Reduced

    Event

    $18.9M

    Price

    -21.25%

    Change Rate

    $2,475 ft2 / $26,646 m2

    Price Per

    03/11/2024

    Date

    Listed

    Event

    $24M

    Price

    $3,143 ft2 / $33,836 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Mike TarantoColdwell Banker Realty • Buyer Agency Compensation .

    Instant Comps

    $200/ft²
    $1,400/ft²
    $2,700/ft²
    $4,000/ft²

    Unit 40 S 5th Ave – Asking

    $2,220/ft²

    (+74%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $1,278/ft²
    Community $/Price Range (Closed) $306/ft² – $3894/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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