Welcome to an incredible new MHK timeless cottage style home in the perfect Old Naples location. This extraordinary custom home is situated just 5 parcels from the Gulf and was constructed and sold by renowned developer VIV Homes in 2022. Ideally positioned on an interior lot with preferred southern exposure and rear alley access, this location is just a short stroll to the Naples pristine white sand beaches, shopping, dining, and art galleries along 5th Avenue South and historic 3rd Street South. Residence includes 5 bedrooms + office, nearly 6,400 square feet of air conditioned living space, 7 baths, additional VIP staircase entry, 3 car garage, and an exceptional outdoor living space. Some of the special features include full concrete construction, extensive natural stones throughout, custom cabinetry including Poliform Italian made custom closets, Legno Bastone wood flooring, chef’s kitchen with Subzero/Wolf/Miele appliances, Cristallo Prime quartzite counter tops, service kitchen, natural gas, 48kw generator, Lutron low voltage lighting system, water filtration, Sonos, and security with cameras and water alarm systems. Outside you will find a five star resort like outdoor living space enclosed by automated screens/shutters, fire place, pool bath, heated saltwater infinity edge pool/spa adorned with Tuuci umbrella, fire pit with trellis, and an artificial turf yard. Truly nothing lacks in this very special move in ready opportunity.
Sold for $16,475,000
$16,475,000
140 5th AVE S, NAPLES, FL 34102
5beds
6,379sqft
Single Family Residence
Built in 2022
0.34 Acres Lot
$15,670,300 Zestimate®
$2,583/sqft
$136,815 Estimated rent
Home value
$15,670,300
$13.95M - $17.71M
$136,815/mo
Zestimate® history
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List your homeWhat's special
Fire placeRear alley accessArtificial turf yardVip staircase entryCustom homeOutdoor living spacePreferred southern exposure
Zillow last checked:
Listing updated:
Listed by:
Rex Miller, PA 239-821-1433,
William Raveis Real Estate
Bought with:
Amanda Sadowski
Royal Properties of Naples LLC
Source: SWFLMLS,MLS#: 223037568
Originating MLS: Naples
Originating MLS: NaplesFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Bedroom
- Features: Master BR Ground, Master BR Sitting Area
Dining room
- Features: Breakfast Bar, Dining - Family
Kitchen
- Features: Built-In Desk, Gas Available, Island, Walk-In Pantry
Heating
- Central
Cooling
- Central Air, Gas
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Freezer, Grill - Gas, Ice Maker, Microwave, Pot Filler, Range, Refrigerator/Icemaker, Reverse Osmosis, Self Cleaning Oven, Steam Oven, Tankless Water Heater, Oven, Warming Tray, Washer, Water Treatment Owned, Wine Cooler
- Laundry: Inside, Laundry Tub
Features
- Built-In Cabinets, Closet Cabinets, Coffered Ceiling(s), Custom Mirrors, Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Smoke Detectors, Wired for Sound, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Coverings, Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai
- Flooring: Marble, Wood
- Doors: French Doors, Impact Resistant Doors
- Windows: Window Coverings, Impact Resistant Windows, Shutters Electric, Shutters - Screens/Fabric
- Has fireplace: Yes
- Fireplace features: Outside
- Furnished: Yes
Interior area
- Total structure area: 8,665
- Total interior livable area: 6,379 sqft
Property
Parking
- Total spaces: 3
- Parking features: Circular Driveway, Driveway, Attached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Lanai
- Exterior features: Balcony, Outdoor Grill, Fire Pit, Outdoor Kitchen, Outdoor Shower
- Has private pool: Yes
- Pool features: In Ground, Concrete, Gas Heat
- Has spa: Yes
- Spa features: In Ground, Concrete, Heated
- Has view: Yes
- View description: Landscaped Area
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Features: Regular
Details
- Additional structures: Outdoor Kitchen
- Parcel number: 14008320008
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Concrete Block
- Roof: Metal
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Gas: Natural
- Water: Central
Community & neighborhood
Security
- Security features: Security System, Smoke Detector(s)
Community
- Community features: Sidewalks, Non-Gated
Location
- Region: Naples
- Subdivision: OLDE NAPLES
HOA & financial
HOA
- Has HOA: No
- Amenities included: Sidewalk, Underground Utility
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2024 | Sold | $16,475,000-2.8%$2,583/sqft |
Source:  SWFLMLS #223037568 Report a problem | ||
| 2/11/2024 | Pending sale | $16,950,000$2,657/sqft |
Source: SWFLMLS #223037568 Report a problem | ||
| 1/31/2024 | Price change | $16,950,000-5.8%$2,657/sqft |
Source:  Coconut Coast Realtors #223037568 Report a problem | ||
| 1/2/2024 | Price change | $17,995,000-5.3%$2,821/sqft |
Source: SWFLMLS #223037568 Report a problem | ||
| 8/22/2023 | Price change | $18,995,000-5%$2,978/sqft |
Source: SWFLMLS #223037568 Report a problem | ||
| 5/17/2023 | Listed for sale | $19,995,000+73.9%$3,135/sqft |
Source: SWFLMLS #223037568 Report a problem | ||
| 2/1/2022 | Sold | $11,500,000$1,803/sqft |
Source: Public Record Report a problem | ||
| 7/20/2021 | Listing removed | -- |
Source: Local MLS Report a problem | ||
| 4/22/2021 | Pending sale | $11,500,000$1,803/sqft |
Source: Local MLS #220046199 Report a problem | ||
| 2/3/2021 | Listing removed | $11,500,000$1,803/sqft |
Source:  William Raveis Real Estate, Mortgage & Insurance #220046199 Report a problem | ||
| 7/24/2020 | Listed for sale | $11,500,000+210.8%$1,803/sqft |
Source: William Raveis Real Estate #220046199 Report a problem | ||
| 1/9/2020 | Sold | $3,700,000$580/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $113,877 +19% | $12,619,757 +20.2% |
| 2024 | $95,708 -9.7% | $10,499,378 -8.3% |
| 2023 | $106,006 +205% | $11,455,545 +243.5% |
| 2022 | $34,753 +11.7% | $3,334,532 +10% |
| 2021 | $31,106 +12% | $3,031,393 +10.8% |
| 2020 | $27,781 +407.5% | $2,736,622 +378.8% |
| 2019 | $5,475 +2.2% | $571,538 +1.9% |
| 2018 | $5,355 | $560,881 +2.1% |
| 2017 | $5,355 +1.6% | $549,345 +2.1% |
| 2016 | $5,268 +1.8% | $538,046 +0.7% |
| 2015 | $5,175 -2% | $534,306 +11.4% |
| 2014 | $5,283 +0% | $479,565 +1.7% |
| 2013 | $5,283 +0.2% | $471,732 +1.9% |
| 2012 | $5,274 +3.8% | $463,002 +3.3% |
| 2011 | $5,080 +6.4% | $448,046 +1.7% |
| 2010 | $4,774 +6.7% | $440,678 +3% |
| 2009 | $4,472 | $427,765 -10.5% |
| 2008 | $4,472 -8.3% | $477,787 +3% |
| 2007 | $4,879 -2.5% | $463,871 +2.5% |
| 2006 | $5,005 | $452,557 +3% |
| 2005 | $5,005 +2% | $439,376 +3% |
| 2004 | $4,905 -0.3% | $426,579 +1.9% |
| 2003 | $4,922 +10% | $418,625 +10.7% |
| 2002 | $4,474 -50.4% | $378,231 +1.6% |
| 2001 | $9,016 +101.3% | $372,275 |
| 2000 | $4,479 | -- |
Find assessor info on the county website
Neighborhood: Old Naples
Nearby schools
GreatSchools rating
- 10/10Lake Park Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 9/10Gulfview Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Naples High SchoolGrades: PK,9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: LAKE PARK ELEMENTARY
- Middle: GULFVIEW MIDDLE SCHOOL
- High: NAPLES HIGH SCHOOL
Source: SWFLMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Collier County
- Naples
- 34102
- Old Naples
- 140 5th AVE S
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