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Sold for $11,000,000
    • $11,000,000

    540 4th AVE N, NAPLES, FL 34102

    5beds
    6,219sqft
    Single Family Residence
    Built in 2023
    0.34 Acres Lot
    $10,985,800 Zestimate®
    $1,769/sqft
    $115,142 Estimated rent

    Home value

    $10,985,800

    $9.89M - $12.30M

    $115,142/mo

    Zestimate® history
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    What's special

    Sundeck overlooking the poolSummer kitchenOpen floor planSouthern exposureCustom cabinetryFire pit
    Located in Old Naples on a Southern exposure oversized 100x150 lot just blocks to the Gulf of Mexico beaches and entertainment district of 5th Avenue South, this new home has 5 bedrooms and 6 baths with 6,219 sq. ft. under air and 8,841 sq. ft under roof. The open floor plan opens to two separate outdoor living spaces with electric screens and shutters, a large resort style pool with spa, fireplace, summer kitchen, fire pit and 4 car garage. The interior includes a gracious kitchen with double islands, custom cabinetry, a butlers kitchen, elevator, large bonus room on second floor opening to a sundeck overlooking the pool. This home has concrete construction throughout, Elan G home automation, Lutron lighting system and a whole house generator.

    Zillow last checked:

    Listing updated:

    Listed by:

    Glenn Thornhill 239-571-3619,

    Waterfront Realty Group Inc,

    Hunter Thornhill 239-331-0580,

    Waterfront Realty Group Inc

    Bought with:

    Taylor Canada

    Gulf Coast International Prop

    Source: SWFLMLS,MLS#: 224051559MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Office, Screened Lanai/Porch, 5 Bed
    Bedroom
    • Features: Master BR Ground
    Dining room
    • Features: Breakfast Bar, Dining - Family
    Kitchen
    • Features: Gas Available, Island, Pantry, Walk-In Pantry
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air, Gas, Zoned
    Appliances
    • Included: Gas Cooktop, Dishwasher, Disposal, Double Oven, Grill - Gas, Ice Maker, Microwave, Range, Refrigerator/Freezer, Oven, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Bar, Built-In Cabinets, Coffered Ceiling(s), Fireplace, Laundry Tub, Smoke Detectors, Wired for Sound, Volume Ceiling, Walk-In Closet(s), Wet Bar, Family Room, Home Office, Laundry in Residence, Screened Lanai/Porch
    • Flooring: Wood
    • Doors: Impact Resistant Doors
    • Windows: Impact Resistant Windows
    • Has fireplace: Yes
    • Fireplace features: Outside
    • Furnished: Yes
    Interior area
    • Total structure area: 8,841
    • Total interior livable area: 6,219 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached
    • Attached garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Screened Lanai/Porch
    • Exterior features: Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: In Ground, Gas Heat
    • Has spa: Yes
    • Spa features: In Ground, Heated
    • Has view: Yes
    • View description: Landscaped Area
    • Waterfront features: None
    Lot
    • Size: 0.34 Acres
    • Features: Oversize
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 14035720008

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Foundation: Concrete Block, Poured Concrete
    • Roof: Tile
    Condition
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Gas: Propane
    • Water: Central

    Community & HOA

    Community
    • Features: Non-Gated
    • Security: Security System, Smoke Detector(s)
    • Subdivision: OLDE NAPLES
    HOA
    • Has HOA: No
    • Amenities included: Beach Access, Electric Vehicle Charging, Storage
    Location
    • Region: Naples

    Financial & listing details

    • Price per square foot: $1,769/sqft
    • Tax assessed value: $11,615,097
    • Annual tax amount: $35,302
    • Date on market: 6/14/2024
    • Lease term: Buyer Finance/Cash
    • Contingency: Inspection
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/8/2026Sold$11,000,000-7.9%$1,769/sqft
    Source: SWFLMLS #224051559 Report a problem
    11/13/2025Pending sale$11,950,000$1,922/sqft
    Source: SWFLMLS #224051559 Report a problem
    10/1/2025Price change$11,950,000-7.7%$1,922/sqft
    Source: SWFLMLS #224051559 Report a problem
    3/12/2025Price change$12,950,000-7.2%$2,082/sqft
    Source: SWFLMLS #224051559 Report a problem
    2/10/2025Price change$13,950,000-1.8%$2,243/sqft
    Source: SWFLMLS #224051559 Report a problem
    1/8/2025Price change$14,200,000-1.7%$2,283/sqft
    Source: SWFLMLS #224051559 Report a problem
    6/14/2024Listed for sale$14,450,000$2,324/sqft
    Source: SWFLMLS #224051559 Report a problem
    6/14/2024Listing removed--
    Source: SWFLMLS #223044499 Report a problem
    4/18/2024Price change$14,450,000-3.3%$2,324/sqft
    Source: SWFLMLS #223044499 Report a problem
    6/15/2023Listed for sale$14,950,000$2,404/sqft
    Source: SWFLMLS #223044499 Report a problem
    6/14/2023Listing removed--
    Source: SWFLMLS #221065089 Report a problem
    4/6/2022Price change$14,950,000+10.7%$2,404/sqft
    Source: SWFLMLS #221065089 Report a problem
    1/7/2022Price change$13,500,000+8%$2,171/sqft
    Source: SWFLMLS #221065089 Report a problem
    12/22/2021Price change$12,500,000+8.7%$2,010/sqft
    Source: SWFLMLS #221065089 Report a problem
    9/13/2021Listed for sale$11,495,000+386%$1,848/sqft
    Source: SWFLMLS #221065089 Report a problem
    2/17/2021Sold$2,365,000-8.9%$380/sqft
    Source: Public Record Report a problem
    12/10/2020Pending sale$2,595,000$417/sqft
    Source: SWFLMLS #220007699 Report a problem
    11/11/2020Listed for sale$2,595,000$417/sqft
    Source: John R. Wood Properties #220007699 Report a problem
    10/13/2020Pending sale$2,595,000$417/sqft
    Source: John R. Wood Properties #220007699 Report a problem
    9/4/2020Listed for sale$2,595,000$417/sqft
    Source: John R. Wood Properties #220007699 Report a problem
    8/15/2020Pending sale$2,595,000$417/sqft
    Source: John R. Wood Properties #220007699 Report a problem
    6/15/2020Price change$2,595,000-5.6%$417/sqft
    Source: John R. Wood Properties #220007699 Report a problem
    2/19/2020Listed for sale$2,750,000$442/sqft
    Source: John R. Wood Properties #220007699 Report a problem
    2/9/2020Pending sale$2,750,000$442/sqft
    Source: John R. Wood Properties #220007699 Report a problem
    1/28/2020Listed for sale$2,750,000$442/sqft
    Source: John R. Wood Properties #220007699 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$95,586 +18.9%$9,627,119 +10%
    2024$80,400 +96.6%$8,751,926 +121%
    2023$40,894 +15.8%$3,960,000 +10%
    2022$35,303 +1177.7%$3,600,000 +1050.7%
    2021$2,763 +2.6%$312,850 +1.4%
    2020$2,694 +1.6%$308,531 +2.3%
    2019$2,653 +2.4%$301,594 +1.9%
    2018$2,590 $295,971 +2.1%
    2017$2,590 +1.8%$289,883 +2.1%
    2016$2,543 +1.9%$283,921 +0.7%
    2015$2,494 -2%$281,947 +61.8%
    2014$2,546 +10.3%$174,209 +2.1%
    2013$2,307 +1.1%$170,575 +2.8%
    2012$2,281 +4.7%$165,969 +5%
    2011$2,180 +7.9%$158,077 +2.5%
    2010$2,020 +6.7%$154,189 +4.6%
    2009$1,893 $147,375 -41.5%
    2008$1,893 -20.6%$252,123 +3%
    2007$2,383 -2.3%$244,780 +2.5%
    2006$2,438 $238,810 +3%
    2005$2,438 +2.3%$231,854 +3%
    2004$2,383 -0.2%$225,101 +1.9%
    2003$2,387 -1.2%$220,904 +2.4%
    2002$2,416 -50.3%$215,727 +1.6%
    2001$4,864 +101.7%$212,330
    2000$2,411 --
    Find assessor info on the county website

    Neighborhood: Old Naples

    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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