See Home Value
$11,000,000
● House - Off Market

111 5th Avenue S

Naples, FL 34102
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
7,318 Ft²
$71,864
Est. Monthly
0.79%
Cap Rate

About This Property

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.
Unit Size
7,318 Ft²
Days on Market
266 days
Land Size
0.41 acres
Price per sqft
$1,742
Property Type
House
Property Taxes
$9,259
HOA Dues
-
Year Built
2012

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago ( #224079989)

Price History

Date / Event Date Event Price
Jun 24, 2025 Sold
Sold
Jun 10, 2025 In contract -
In contract
Jun 5, 2025 Price Decreased $12,750,000
↓ $1M (8.9%)
Price Decreased
Jan 16, 2025 Price Decreased $13,995,000
↓ $1M (6.7%)
Price Decreased
Oct 1, 2024 Listed by William Raveis Real Estate $14,995,000
Listed by William Raveis Real Estate
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 74
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 3,800
  • Gross Building Area: 3,800
  • Building Area: 3,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NAPLES PLAN OF TIER 2
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: NAPLES T 2 BLK 16 LOTS 13-15 + W 20FT OF LOT 16

Neighborhood

  • School District Name: Collier County School District
  • Census Tract: 000102

Zoning

  • Zoning: NAPLES

Geography

  • Assessors Map Reference: 5A09
  • Subdivision Tract Number: 095200
  • Parcel: 14008720006
  • Block: 16
  • Lot: 13
  • Meridian: SEC 9 TWN 50 RNG 25
  • Municipality: CITY OF NAPLES
  • Latitude: 26.1409
  • Longitude: -81.8056

    Address

  • Full Address: 111 5th Ave S
  • Address - House Number: 111
  • Street Segment Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Naples
  • Carrier Code: C083
  • 4-Digit Zip Code: 8609
  • Zip Code: 34102

Valuation

    Tax

  • Total Area: 8,326
  • Tax Year: 2022
  • Tax Amount: $10,150,136
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 96,427
  • High Value: 104,163
  • Low Value: 88,691

    Market Valuation

  • Market Total Value: $10,350,627
  • Market Land Value: $4,781,700
  • Market Improvement Value: $5,568,927

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,350,627
  • Assessed Land Value: $4,781,700
  • Assessed Improvements Value: $5,568,927

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6104758
  • Previous Sale Recording Date: Mar 29, 2011
  • Previous Sale Contract Date: Mar 28, 2011
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Naples


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1125 Central Avenue, Naples, FL, 34102

$18,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,205 ft²
1125 Central Avenue #477, Naples, FL, 34102 Listing by Sarah Wayne, PA
Unit for rent at 692 10th Avenue S, Naples, FL, 34102

$20,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,321 ft²
692 10th Avenue S #A2, Naples, FL, 34102 Listing by Alex Ollila
Unit for rent at 223 11th Avenue S, Naples, FL, 34102

$18,000 /mo

  • 4 Beds
  • 4 Baths
  • 2,691 ft²
223 11th Avenue S, Naples, FL, 34102 Listing by Stacey Cotter


Frequently Asked Questions

When was property at 111 5th Avenue South built and last sold?
The property at 111 5th Avenue South was built in 2012 and last sold on Jul 22, 2021 for $12,000,000.
How much is this home worth?
The estimated value of the home located at 111 5th Avenue South is $12,877,500.
What are some comparable homes to 111 5th Avenue South?
There are currently no comparable homes to 111 5th Avenue South.