Beachfront property with extensive sandy shoreline and ocean waves

1 / 47

40 5th Ave. S, Naples, FL 34102

$12,500,000 For Sale

Beds
5
Baths
6½
Sq Ft
7,635
Built
2002

Price cut $1,000,000 12 days ago

Open house · Sunday, November 15 · 1–3 p.m.

MLS# 226029919 83 days on market

Fees & taxes

Seller’s 2025 taxes
$93,935

Community

Olde Naples

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Ask about this home or arrange a tour.

Listing description

GULF AND FIFTH AVENUE IS AT YOUR FRONT DOOR… EXQUISITE CURB APPEAL with circular drive way, magnificent royal Palms trees boarder the entire estate.
Wrought-iron power gates, and twin limestone staircases to front door. As you enter twenty-four-foot foyer. Mediterranean in spirit, furnished, ready to live.
First floor: fireplace living room to an eight-hundred-bottle wine room, family room to a Gulf-glimpse terrace, rotunda dining for ten, ground-floor primary with pool terrace, private elevator to every level.
Upstairs: parlor and bar, office, ensuite(4) guest quarters, roof top deck. Resort pool and spa on an 85’X 150’ beach-block lot, three-car alley garage.
Walk to the beach, dinner, galleries, Cambier Park. For a family, a host, or a second-home buyer who wants the Gulf and downtown in one address. Come see this home at the Golden hour.

Property details

Building & ownership

Ownership
Single Family
Furnishings
Furnished
Building style
Multi-Story Home, Traditional, Single Family
Floor plan
Great Room, 2 Story
Construction
Concrete Block, Wood Frame, Stone, Stucco
Roof
Slate
Lot size
0.29 acres
Lot description
Cul-De-Sac, Regular

Interior

Features
Bar, Built-In Cabinets, Fireplace, Foyer, Pantry, Smoke Detectors, Wired for Sound, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Coverings
Flooring
Carpet, Marble, Tile, Wood
Cooling
Ceiling Fan(s), Central Electric, Zoned
Additional rooms
Balcony, Den - Study, Family Room, Home Office, Laundry in Residence, Open Porch/Lanai

Kitchen & dining

Kitchen
Built-In Desk, Gas Available, Island, Walk-In Pantry
Appliances
Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Ice Maker - Stand Alone, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer, Wine Cooler

Outdoor & view

View
Gulf, Landscaped Area
Rear exposure
West
Exterior
Balcony, Open Porch/Lanai, Storage
Storm protection
Impact Resistant Doors, Impact Resistant Windows

Parking

Garage
Yes
Car port
No
Spots
3
Description
Circular Driveway, Driveway Paved, On Street, Attached

Pool & spa

Private pool
Yes
Private spa
Yes
Pool description
Below Ground, Concrete, Equipment Stays, Gas Heat, Pool Bath, See Remarks, Self Cleaning
Spa description
Heated Gas

Waterfront

Waterfront
No
Description
None
Gulf access
No
Canal
None
Boat / dock
None

Community amenities

Amenities
Beach Access, Bike And Jog Path, Restaurant, See Remarks, Shopping, Sidewalk, Streetlight
Golf
No Golf Available
Elevator
Private

What the fees cover

Maintenance
None

Pets & leasing

Pets allowed
Yes
Leases per year
12
Minimum lease
30 days
Restrictions
Architectural, Deeded

Schools

Elementary
Lake Park Elementary
Middle
Gulfview Middle School
High
Naples High School

Additional details

Parcel number
14003200000
Potential short sale
No

Listing last updated November 10, 2026

Listing courtesy of Coldwell Banker Realty · 239-262-7131

Property taxes for a new owner

Estimated property taxes about $97,800 a year at the county’s value of this home and its 0.90% tax rate, no exemptions applied

That is about the same as the seller’s bill on the county’s 2026 roll.

If you make this home your primary residence, a homestead exemption would lower this figure. If you have also had a Florida homestead in any of the last three years, you may be able to carry up to $500,000 of its capped-value savings to this home, which Florida calls “portability.” Both are applied for with the Property Appraiser by March 1.

How a new owner’s property taxes are set is explained in the Costs & Taxes chapter of the 2027 Naples Buyer’s Guide.

Estimated from the Collier County Property Appraiser’s 2026 value of this home and its tax rate. The county sets a new value each January 1, so a new owner’s first full bill can differ.

Destinations & driving times from 40 5th Ave. S

Every destination named here is described in the Destinations chapter of the 2027 Naples Buyer’s Guide.

Driving times are estimated from this home’s location, using OpenStreetMap road data.

Dining & Shopping near 40 5th Ave. S – #226029919, by driving distance
NameMilesETA
Fifth Avenue South 0.8 mi
Third Street South 0.9 mi
Coastland Center 3.2 mi 8 min
Venetian Village 5.1 mi 12 min
Waterside Shops 5.8 mi 13 min
Mercato 8.6 mi 17 min
Galleria Shoppes at Vanderbilt 9.4 mi 20 min
Coconut Point 19.2 mi 33 min
Miromar Outlets 26.1 mi 38 min
Gulf Coast Town Center 30.5 mi 42 min

Flood zones & evacuation

Two different things, measured by two different agencies. Evacuation zones are about storm surge and who leaves first. Flood zones are FEMA’s insurance rating, and they vary from home to home.

Hurricane evacuation zone

Zone A Collier

The first zone ordered to evacuate, and the one called in the weakest storms.

Called firstCalled last
FEMA flood zone

Zone AE

1% annual chance, with a set base flood elevation

The building is inside a Special Flood Hazard Area, where a federally backed mortgage requires flood insurance.

FEMA flood maps and Collier County Emergency Management. A revised Collier County flood map is in preparation and may change these zones.

A starting point, not a determination. Your lender will require its own flood zone determination before closing, and your insurer will normally require an elevation certificate — a surveyor’s measurement of how high the building actually sits — before quoting. Those documents govern; this does not replace either. Zones can also be amended individually through FEMA.

Flood zones, evacuation, and insurance are explained in the Risk, Resilience & Insurance chapter of the 2027 Naples Buyer’s Guide.

Flood zones across Olde Naples

Jeffrey Waldman

Jeffrey Waldman

REALTOR® and Owner, Naples Abodes

Call (239) 450-3763 Text (239) 450-3763

Florida License SL3295589

“He is the best!”
Camille & Fred Allen

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