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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
    $15,707,100 Zestimate®
    $2,583/sqft
    $136,815 Estimated rent

    Home value

    $15,707,100

    $13.82M - $17.91M

    $136,815/mo

    Zestimate® history
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    What's special

    Fire placeRear alley accessArtificial turf yardVip staircase entryCustom homeOutdoor living spacePreferred southern exposure
    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.

    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#: 223037568MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Office, Open Porch/Lanai
    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 & HOA

    Community
    • Features: Sidewalks, Non-Gated
    • Security: Security System, Smoke Detector(s)
    • Subdivision: OLDE NAPLES
    HOA
    • Has HOA: No
    • Amenities included: Sidewalk, Underground Utility
    Location
    • Region: Naples

    Financial & listing details

    • Price per square foot: $2,583/sqft
    • Tax assessed value: $12,619,757
    • Annual tax amount: $34,752
    • Date on market: 5/16/2023
    • Lease term: Buyer Finance/Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/16/2024Sold$16,475,000-2.8%$2,583/sqft
    Source: SWFLMLS #223037568 Report a problem
    2/11/2024Pending sale$16,950,000$2,657/sqft
    Source: SWFLMLS #223037568 Report a problem
    1/31/2024Price change$16,950,000-5.8%$2,657/sqft
    Source: Coconut Coast Realtors #223037568 Report a problem
    1/2/2024Price change$17,995,000-5.3%$2,821/sqft
    Source: SWFLMLS #223037568 Report a problem
    8/22/2023Price change$18,995,000-5%$2,978/sqft
    Source: SWFLMLS #223037568 Report a problem
    5/17/2023Listed for sale$19,995,000+73.9%$3,135/sqft
    Source: SWFLMLS #223037568 Report a problem
    2/1/2022Sold$11,500,000$1,803/sqft
    Source: Public Record Report a problem
    7/20/2021Listing removed--
    Source: Local MLS Report a problem
    4/22/2021Pending sale$11,500,000$1,803/sqft
    Source: Local MLS #220046199 Report a problem
    2/3/2021Listing removed$11,500,000$1,803/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #220046199 Report a problem
    7/24/2020Listed for sale$11,500,000+210.8%$1,803/sqft
    Source: William Raveis Real Estate #220046199 Report a problem
    1/9/2020Sold$3,700,000$580/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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 homes

    Nearby schools

    GreatSchools rating
    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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