8 months 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

Location

Image provided by Mapbox

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

LOCATED ON 5TH AVE S IN OLD NAPLES the elevation of this grand residence is high and dry with views of the gulf just one home in from the beach. A story book setting with powered gates, circular driveway, paver walkways and lush landscaping of topical plantings. Rear alley access to 3 car garage.7635 SQ Ft under air 9675 Sq Ft total area. As you step into the entry you’re greeted by a breathtaking sight: a 6- foot long chandelier from John Richard that serves as a dazzling focal point and grand dramatic stair case. Throughout the home lighting has been carefully chosen to marry beauty with functionality, casting each space in the perfect ambiance. Craftsmanship of the highest caliber is evident throughout the house. The kitchen offer an abundance of spaces to gather and relax, each thoughtfully designed to enhance the experience of daily living.Roof top decks, custom wine room (800 bottles),new custom kitchen, 5 bedrooms, 7 baths, grand 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 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. The warm breezes and painted sky’s will fill your heart with joy and relaxation. A legacy property perfect for multigenerational gatherings.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, Two Story, See Remarks, 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

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

$638.2K

Med. Price/SqFt

$357

Avg. Days On Market

87

# of Sold Homes

434

40 5th Ave S vs Naples

254 DAYS ON ROCKET

+167 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: 11/21/2024, 10:20:52 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.

Nearby Schools

school-card-donut-261365
10
/10
  • Lake Park Elementary School

  • 1295 14th Ave N

  • 1.94 miles

  • Public District Grades KG-5

school-card-donut-261366
8
/10
  • Shadowlawn Elementary School

  • 2161 Shadowlawn Dr

  • 2.34 miles

  • Public District Grades KG-5

school-card-donut-261367
5
/10
  • Avalon Elementary School

  • 3300 Thomasson Dr

  • 3.38 miles

  • Public District Grades PK-5

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. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

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 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 October 2024 more than 18 listings in Naples, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 365 were sold below. The number of listings in Naples, FL increased by 8.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 87 days, the median list price was $638,283.

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

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