40 5th Avenue South

Naples, FL 34102

$18,900,000
Price
5
Beds
7,635 Sq. Ft.
$2,475 / Sq. Ft.
7,635
Sq. Ft.
$2,475
per Sq. Ft.

Description

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...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.
  1. Listed by Mike Taranto • Coldwell Banker Realty
  2. Listed by Lauren Libby Taranto • Coldwell Banker Realty

Property Details for 40 5th Avenue South

Area
NA06 - Olde Naples Area
Development
OLDE NAPLES
Sub Condo Name
OLDE NAPLES
Waterfront
No
Waterfront Desc
None
View
Gulf, Landscaped Area
Furnished Desc
Negotiable
LISTING UPDATED: 02/15/2025 04:10 PM

Property Details for 40 5th Avenue South

StatusActive
MLS #224022030
Days on Market342
Taxes$91,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi-Story Home
Year Built2002
Lot Size0.29 AC / 12,632 SF
CountyCollier County

Building Information for 40 5th Avenue South

Stories3Residences1Year Built2002Building Size-Lot Size0.29 AC / 12,632 SF

Property Information for 40 5th Avenue South

Summary
Location and General Information
  • Amenities: See Remarks
  • Golf Type: No Golf Available
  • Pets: No Approval Needed
  • Status Type: Resale Property
  • Property Features: Cable Prewire
Parking
  • Carport Desc: Circular Driveway, Driveway Paved, On Street, Attached
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Covered Spaces: 3
  • Garage: Yes
  • Total Parking: 3
HOA and Fees
  • HOA Desc: No
  • HOA Fee: $.00
  • Condo Fee: $0
  • Primary HOA Fee: $0
  • Total Annual Recurring Fees: $.00
  • Tax Annual Amount: $91,250.00
Interior and Exterior Features
Interior Features
  • Laundry Features: Laundry in Residence
  • Approx Living Area: 7635.0
  • Living Area Units: Square Feet
  • Bedroom Desc: Master BR Ground,Master BR Sitting Area,Split Bedrooms
  • Bedrooms: 5+Den
  • Dining Description: Breakfast Room,Dining - Living,Eat-in Kitchen
  • Elevator: Private
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer, Wine Cooler
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Features: Bar, Built-In Cabinets, Fireplace, Foyer, Pantry, Smoke Detectors, Surround Sound Wired, Walk-In Closet, Wet Bar, Window Coverings, Cable Prewire
  • Spa Features: Heated Electric, Jetted Tub
  • Num Unit Floor: 1
  • Private Pool Desc: Below Ground, Concrete, Equipment Stays, Electric Heat, Pool Bath, See Remarks, Self Cleaning
  • Private Pool: Yes
  • Private Spa: Yes
  • Room Count: 19
  • Total Floors: 3
  • Baths Full: 6
  • Half Bathrooms: 1
  • Bathrooms Total Decimal: 6.50
  • Bathrooms: 7
  • Bedrooms Total: 5
  • Fireplace: Yes
  • Foundation Details: Concrete Block
  • View YN: Yes
  • Floor Plan Type: Great Room, Split Bedrooms, 2 Story
  • Kitchen Description: Built-In Desk, Gas Available, Island, Walk-In Pantry
  • Additional Rooms: Balcony, Den - Study, Family Room, Home Office, Laundry in Residence, Open Porch/Lanai
  • Gas: Yes
Exterior Features
  • Exterior Features: Balcony, Open Porch/Lanai, Storage, Deck, Patio
  • Exterior Finish: Concrete Block, Wood Frame, Stone, Stucco
  • Roof: Tile
  • Windows: Window Coverings
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Property Information
Utilities
  • Cooling: Ceiling Fan(s), Central Electric, Zoned
  • Cooling YN: Yes
  • Heat: Central Electric, Zoned
  • Heating YN: Yes
  • Irrigation: Central
  • Water: Central
  • Gas: Propane
Lot Information
  • Structure Type: House
Room Information
Room 1 Information
  • Room Length: 21.0
  • Room Type: Family Room
  • Room Width: 17.0
Room 2 Information
  • Room Length: 33.0
  • Room Type: Family Room
  • Room Width: 23.0
Room 3 Information
  • Room Length: 27.0
  • Room Type: Master Bedroom
  • Room Width: 16.0
Room 4 Information
  • Room Length: 22.0
  • Room Type: Den
  • Room Width: 17.0
Room 5 Information
  • Room Length: 17.0
  • Room Type: Dining Room
  • Room Width: 13.0
Room 6 Information
  • Room Length: 14.0
  • Room Type: Bedroom
  • Room Width: 13.0
Room 7 Information
  • Room Length: 14.0
  • Room Type: Bedroom
  • Room Width: 13.0
Room 8 Information
  • Room Length: 16.0
  • Room Type: Great Room
  • Room Width: 14.0
Room 9 Information
  • Room Length: 19.0
  • Room Type: Bedroom
  • Room Width: 13.0
Room 10 Information
  • Room Length: 18.0
  • Room Type: Living Room
  • Room Width: 18.0
Room 11 Information
  • Room Length: 13.0
  • Room Type: Bedroom
  • Room Width: 10.0
Room 12 Information
  • Room Length: 18.0
  • Room Type: Kitchen
  • Room Width: 26.0
Room 13 Information
  • Room Length: 24.0
  • Room Type: Garage
  • Room Width: 31.0
Room 14 Information
  • Room Length: 22.0
  • Room Type: Utility Room
  • Room Width: 13.0
Room 15 Information
  • Room Length: 11.0
  • Room Type: Lanai
  • Room Width: 14.0
Room 16 Information
  • Room Length: 32.0
  • Room Type: Lanai
  • Room Width: 10.0
Room 17 Information
  • Room Length: 18.0
  • Room Type: Lanai
  • Room Width: 13.0
Room 18 Information
  • Room Length: 21.0
  • Room Type: Lanai
  • Room Width: 14.0
Room 19 Information
  • Room Length: 31.0
  • Room Type: Lanai
  • Room Width: 6.0
Rental
Rental Information
  • Lease Limits YN: Yes
  • Horse: No
  • Lease Term: Agreement For Deed, Buyer Finance/Cash
  • Transfer Fee: $.00
  • Leases Per Year: 12
  • Min Days of Lease: 30

Property History for 40 5th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 5th Avenue South

Taxable ValueLand-Additions-Total-
Tax Record2024$89,801 ($7,483 / month)
Home Facts
Beds0Total Finished SqFt4,395 SqFtAbove Grade Finished SqFt4,395 SqFtStories3Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built2002Year Renovated2010ZoningNAPLESCountyCOLLIERAPN14003200000

Schools near 40 5th Avenue South

This home is within Collier.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Lake Park Elementary School
PublicPK to 5

Gulfview Middle School
Public6 to 8

Naples High School
Public9 to 12

Ecollier Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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40 5th Avenue South is a multi-family home for sale in Naples, FL 34102. This property was listed for sale on March 11, 2024 by Coldwell Banker Realty, it's currently listed at $18,900,000. It has been on the market for a total of 342 days and was last sold on September 25, 2019. This listing's school district is Collier. Nearby schools include Lake Park Elementary School, Gulfview Middle School and Naples High School. 40 5th Avenue South is a 5-bed, 6.5-bath, 7,635 sqft multi-family home built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Mike Taranto; Coldwell Banker Realty, Lauren Libby Taranto

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.