PENDING
$137M PRICE DROP
111 5th Ave S Naples, FL 34102
Old Naples NeighborhoodEstimated payment $80,286/month
Total Views
11,108
5
Beds
7
Baths
7,318
Sq Ft
$1,742
Price per Sq Ft
Highlights
- Concrete Pool
- Partial Gulf or Ocean Views
- Floor-to-Ceiling Windows
- Lake Park Elementary School Rated A
- Sitting Area In Primary Bedroom
- Vaulted Ceiling
About This Home
Welcome to an incredible and iconic custom built home situated on a rare oversized parcel in an enviable location right in the heart of Old Naples just steps from the Gulf of Mexico, world renowned 5th Avenue South, and Naples pristine white sand beaches. Exceptionally constructed, meticulously maintained, and beautifully landscaped, this timeless and classical residence offers an unparalleled combination of highlights including 5 bedrooms + study, over 7,300 sq/ft of air conditioned space, a generous open layout, chef’s kitchen with 3 islands, 7 car garage, rooftop sunset deck, private elevator, natural gas supply, extensive storage areas, and a generous covered outdoor kitchen and living space complete with massive 70’ pool and large yard space. This is a unique and extraordinary opportunity to own a one-of-a-kind home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $111,108
Year Built
- Built in 2012
Lot Details
- 0.41 Acre Lot
- Lot Dimensions: 120
- Property fronts an alley
- West Facing Home
- Fenced
- Paved or Partially Paved Lot
- Sprinkler System
Parking
- 7 Car Attached Garage
- Automatic Garage Door Opener
- Circular Driveway
Home Design
- Flat Roof Shape
- Concrete Block With Brick
- Stone Exterior Construction
- Piling Construction
Interior Spaces
- 7,318 Sq Ft Home
- 3-Story Property
- Elevator
- Custom Mirrors
- Furniture Can Be Negotiated
- Vaulted Ceiling
- Electric Shutters
- Floor-to-Ceiling Windows
- Bay Window
- Arched Windows
- French Doors
- Great Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Partial Bay or Harbor Views
Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Range
- Warming Drawer
- Microwave
- Ice Maker
- Wine Cooler
- Kitchen Island
- Built-In or Custom Kitchen Cabinets
- Pot Filler
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Built-In Bedroom Cabinets
- Walk-In Closet
- Dual Sinks
- Jetted Tub in Primary Bathroom
- Bathtub With Separate Shower Stall
- Multiple Shower Heads
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- High Impact Windows
- High Impact Door
Pool
- Concrete Pool
- Heated Lap Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Patio
- Water Fountains
- Outdoor Fireplace
- Outdoor Kitchen
- Lanai
- Outdoor Gas Grill
Schools
- Lake Park Elementary School
- Gulf View Middle School
- Naples High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Tankless Water Heater
- Cable TV Available
Community Details
- Olde Naples Community
Listing and Financial Details
- Assessor Parcel Number 14008720006
- Tax Block 16
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $111,108 | $11,385,690 | $0 | $0 |
| 2022 | $101,501 | $10,350,627 | $4,781,700 | $5,568,927 |
| 2021 | $61,208 | $6,003,002 | $0 | $0 |
| 2020 | $59,716 | $5,920,120 | $0 | $0 |
| 2019 | $59,007 | $5,787,019 | $0 | $0 |
| 2018 | $57,793 | $5,679,116 | $0 | $0 |
| 2017 | $56,924 | $5,562,308 | $0 | $0 |
| 2016 | $55,978 | $5,447,902 | $0 | $0 |
| 2015 | $57,150 | $5,410,032 | $0 | $0 |
| 2014 | $57,371 | $5,317,095 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | Price Changed | $12,750,000 | -8.9% | $1,742 / Sq Ft |
| 01/15/2025 01/15/25 | Price Changed | $13,995,000 | -6.7% | $1,912 / Sq Ft |
| 10/01/2024 10/01/24 | Price Changed | $14,995,000 | -90.0% | $2,049 / Sq Ft |
| 10/01/2024 10/01/24 | For Sale | $149,995,000 | 0.0% | $20,497 / Sq Ft |
| 12/23/2023 12/23/23 | Rented | -- | -- | -- |
| 09/06/2023 09/06/23 | For Rent | $90,000 | 0.0% | -- |
| 07/27/2021 07/27/21 | Sold | $12,000,000 | -4.0% | $1,640 / Sq Ft |
| 03/19/2021 03/19/21 | Pending | -- | -- | -- |
| 03/18/2021 03/18/21 | For Sale | $12,500,000 | -- | $1,708 / Sq Ft |
Source: Naples Area Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $12,000,000 | Attorney | |
| Warranty Deed | $1,575,000 | Action Title | |
| Warranty Deed | $2,000,000 | Lsl Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,000,000 | New Conventional |
Source: Public Records
Similar Homes in Naples, FL
Source: Naples Area Board of REALTORS®
MLS Number: 224079989
APN: 14008720006
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The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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