$37,000,000
SOLD MAY 8, 2026
1.14 Acres
$32,456,140 Price per Acre
49,658 Sq Ft Lot

Sale Details

Date Sold: May 8, 2026

$10,162 Per Sq Ft

365% Above List Price

423 Days on Market

Highlights

  • Partial Gulf or Ocean Views
  • 1.14 Acre Lot
  • Landscaped
  • Lake Park Elementary School Rated A
  • No HOA
  • Rectangular Lot

About This Lot

As of May 2026

It is all about location! This once-in-a-lifetime property is ideally positioned on famous 5th Avenue South, one of the most desirable addresses in downtown Naples. With .34-acres on the corner of 5th Avenue South beach block and the prestigious Gulf Shore Boulevard South, this incredible lot offers a unique opportunity to build a dream residence, just two homes from the beach and gulf. Only a short distance from world-class dining, boutique shopping, and cultural experiences of 5th Avenue South, this location presents an unparalleled lifestyle in the heart of Naples. Lot evaluation and build coverage plan by Beck Architecture are available on request.

Last Agent to Sell the Property

James Bates

Premier Sotheby's Int'l Realty Listed on: 02/18/2025

Premier Sotheby's Int'l Realty

Co-Listed By

Margaret Ives

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Shannon Spalding

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $171,073

Lot Details

  • 1.14 Acre Lot
  • 110 Ft Wide Lot
  • Landscaped
  • Rectangular Lot

Property Views

  • Partial Bay or Harbor Views

Utilities

  • No Utilities
  • Water Not Available

Community Details

  • No Home Owners Association
  • Olde Naples Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14003520007
  • Tax Block 2

Property Details

Property Type

Land

Est. Annual Taxes

$171,073

Lot Details

1.14 Acres

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Regular
  • LotSizeAcres: 1.14
  • Park Name: OLDE NAPLES
  • Is Senior Community?: No
  • Has View?: Yes
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: PREM02
  • Co List Office Phone: 239-434-2424
  • Co List Office Mls Id: PREM02
  • Standard Status: Closed
  • Subdivision Name: OLDE NAPLES
  • Has Fireplace?: No
  • Is New Construction?: No
  • Structure Type: House
  • NABOR_GulfAccessYN: No
  • Boat Access: None
  • LastChangeTimestamp: 2026-05-13T18:52:11.007Z
  • Community Type: Non-Gated
  • BridgeModificationTimestamp: 2026-05-13T20:09:09.633Z
  • ListAgent_MUI: 7517531
  • CDOM: 449
  • DOM: 423
  • Lot Type: Residential Lot
  • NABOR_ListPrice: 39850000
  • NABOR_LotFrontage: 110
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Residential

Exterior Features

  • View: Landscaped Area, Partial Gulf
  • Waterfront Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No

Utilities

  • Electricity On Property: No
  • Utilities: None
  • Water Source: None

Lot Info

  • Waterfront: No
  • Parcel Number: 14003520007
  • Current Use: 01-Single Family
  • Lot Size Sq Ft: 49658
  • Additional Parcels: No

Rental Info

  • Lease Term: Buyer Finance/Cash

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 171073
  • Tax Block: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 8, 2026
Sold by
Bought by
Seller's Agent
James Bates
Premier Sotheby's Int'l Realty
Buyer's Agent
Shannon Spalding
Coldwell Banker Realty
List Price
$7,950,000
Sold Price
$37,000,000
Premium/Discount to List
$29,050,000
365.41%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.96%

Purchase Details

Listed on
Jun 27, 2023
Closed on
Mar 14, 2024
Sold by
Bought by
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
James Bates
Premier Sotheby's Int'l Realty
List Price
$40,000,000
Sold Price
$31,500,000
Premium/Discount to List
-$8,500,000
-21.25%
Views
218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$20,475,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2015
Bought by

Purchase Details

Closed on
Jul 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,450,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $37,000,000 None Listed On Document
Warranty Deed $31,500,000 None Listed On Document
Warranty Deed $31,500,000 None Listed On Document
Deed $100 --
Warranty Deed $7,500,000 Attorney
Interfamily Deed Transfer $4,070,400 First Boston Title
Warranty Deed $4,500,000 --
Quit Claim Deed -- --
Warranty Deed $1,280,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $20,475,000 New Conventional
Previous Owner $8,450,000 Purchase Money Mortgage
Previous Owner $3,375,000 Purchase Money Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2026 05/13/26 Price Changed $39,850,000 +7.7% $10,945 / Sq Ft
05/08/2026 05/08/26 Sold $37,000,000 +365.4% $10,162 / Sq Ft
04/17/2026 04/17/26 Pending -- -- --
02/18/2025 02/18/25 For Sale $7,950,000 -74.8% $2,183 / Sq Ft
03/14/2024 03/14/24 Sold $31,500,000 -21.3% $8,651 / Sq Ft View Prior Sale
03/14/2024 03/14/24 Pending -- -- --
06/27/2023 06/27/23 For Sale $40,000,000 -- $10,986 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $168,913 $18,661,500 $18,661,500 --
2024 $169,173 $17,001,868 -- --
2023 $169,173 $15,552,405 -- --
2022 $165,063 $14,138,550 $0 $0
2021 $131,892 $12,853,227 $12,661,840 $191,387
2020 $130,369 $12,842,295 $12,661,840 $180,455
2019 $123,355 $12,019,137 $11,927,440 $91,697
2018 $125,283 $12,229,529 $11,927,440 $302,089
2017 $121,934 $11,462,242 $0 $0
2016 $116,333 $10,420,220 $0 $0
2015 $100,760 $9,472,927 $0 $0
2014 $94,555 $8,784,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 225018316

Naples Area Board of REALTORS®

APN: 14003520007

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