1 month on rocket

40 5th Ave S, Naples, FL, 34102

$24,000,000

5 Bedrooms
6 Full Baths, 1 Partial
7,635 SqFt
$3,143/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Driveway, Garage, Paved, On Street, Garage Door Opener
Attached Garage3 spaces
Year Built2002
HeatingCentral, Electric, Zoned
CoolingCentral Air, Ceiling Fan(s), Electric, Zoned
WaterfrontNone
ViewGulf, Other
Private PoolYes
MLS #224022030
Lot Size0.29 Acres
StatusActive

About 40 5th Ave S

99 steps to the BEACH from this this exquisite “Neo Classical” style home with influences of Italy, Spain, France, and England. WALK TO ALL YOUR FAVORITE RESTAURANTS on 5TH Avenue from this IN TOWN location. Impressive setting of Royal Palm trees, colorful window boxes, private powered gates, circular driveway, paver walkways & tropical gardens boarder this grand residence on 5Th Avenue South. Rear alley access to 3 car garage.7635 SQ Ft under air 9675 Sq Ft total area. Fast forward to 2024 the integrity (DNA) has been restored and enhanced for today’s discerning taste. Roof top decks, custom wine room (800 bottles),new custom kitchen, 5 bedrooms, 7 baths, the grandest Parlor /bar, office and 3 large terraces overlooking the lush grounds and Gulf of Mexico. 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. Lots of natural light fills this area with french doors that open to terrace for alfresco dinning. 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 of home is the pool and spa plus full pool 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. The warm breezes and painted sky’s will fill your heart with joy and relaxation. Its time to enjoy the quintessential Naples experience.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, Other, Two Story, Traditional
  • Year Built: 2002
  • Stories: 2
  • Living Area: 7,635 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (239) 262-7131
  • Listing Agent: Mike Taranto

Interior Features

Interior Information:

  • Appliances: Double Oven, Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
  • Flooring Type: Carpet, Marble, Tile, Wood
  • Interior: Wet Bar, Bidet, Built-in Features, Breakfast Area, Bathtub, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Fireplace, Jetted Tub, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Sitting Area in Primary, See Remarks, Separate Shower, Cable TV, Walk-In Pantry, Bar, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Gulf, Other
  • Exterior: Deck, Security/High Impact Doors, Sprinkler/Irrigation, Patio, Privacy Wall, Storage

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Driveway, Garage, Paved, On Street, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Rectangular Lot, Sprinklers
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned

School Info

Assigned Schools Information:

  • Naples High School, Public District Grades 9-12
  • Gulfview Middle School, Public District Grades 6-8
  • Lake Park Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $24,000,000
  • Price Per SqFt: $3,143/SqFt

Tax Information:

  • Annual Amount: $57,454
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Naples, FL.

Med. Sold Price

$631.9K

Med. Price/SqFt

$355

Avg. Days On Market

69

# of Sold Homes

797

40 5th Ave S vs Naples

47 DAYS ON ROCKET

-22 Days

$24,000,000

+$23.3M More

$3,143/SqFt

+$2.7K More

KEY TAKEAWAY

This property is $23.3M more than the Median Sold Price and $2.7K/SqFt more than other homes in Naples, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224022030

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (239) 262-7131
  • 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: 4/28/2024, 5:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

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

Tax History

YEARPROP. TAXASSESSMENT
2020$57,454$5,659,628
2018$57,406$5,603,768
2017$55,730$5,408,851

History based on county public records data.

Payment Calculator

$119.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$72K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1947620
10
/10
  • Lake Park Elementary School

  • 1295 14th Ave N

  • 1.95 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1947621
7
/10
  • Gulfview Middle School

  • 255 6th St S

  • 0.62 miles

  • Public District Grades 6-8

High School

school-card-donut-1947622
4
/10
  • Naples High School

  • 1100 Golden Eagle Cir

  • 2.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 5th Ave S

What is the listing price of this property?

The listing price of 40 5th Ave S property is $24,000,000.

What type of property is this?

The property 40 5th Ave S is a house located in Naples, Florida, 34102.

Is this property for sale now?

Active Listing: 40 5th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 5th Ave S are:
Lake Park Elementary School: GreatSchools Rating 10/10
Gulfview Middle School: GreatSchools Rating 7/10
Naples High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $57,454 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 25, 2019 for $6,175,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 5th Ave S has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 5th Ave S is 7,635 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 5th Ave S is 2002.
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Rocket HomesFloridaCollier CountyNaples3410240 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 $24,000,000.

In March 2024, from all listings sold in Naples, FL there were more than 48 sold above asking price, over 660 sold below and more than 89 were sold right at the asked price. Between February 2024 and March 2024, Naples, FL real estate market has seen increase in the number of listings by 7.2%. While the average time on the market in March 2024 was 69 days, the median list price was $631,982.

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

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