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740 5th Avenue N
About This Property
Embrace the quintessential Naples lifestyle-highly walkable and perfect for biking or golf cart cruising-right from your doorstep. Inside, the home showcases a fresh coastal contemporary design with thoughtful updates throughout, creating a light, inviting atmosphere.
Step outside to your private backyard retreat, where a desirable southern exposure fills the pool area with sunshine all day. The outdoor space has been beautifully enhanced with all new landscaping, stylish new Polywood furniture, a new pool umbrella, and new pool lighting, all complementing the recently repainted exterior. Entertain with ease in the covered lanai and built-in outdoor kitchen, or enjoy the expansive side yard featuring a generous grassy dog run-ideal for pet lovers.
The well-designed floor plan offers both a living room and a separate family room, a spacious primary suite, skylights for added natural light, and a large U-shaped kitchen that seamlessly connects the dining and family areas.
Built with quality in mind, the home features durable cement siding and remained high and dry with no water intrusion during recent hurricanes-offering true peace of mind. Additional highlights include a circular driveway for ample front parking and a detached oversized one-car garage with convenient alley access.
This is a rare opportunity to own an adorable, move-in-ready home in one of Naples' most sought-after neighborhoods-don't miss it.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2026 | Listed by Naples Trust Real Estate Servi | $2,995,000 | |
| Listed by Naples Trust Real Estate Servi | |||
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Compass Florida LLC | $2,650,000 | |
| Listed by Compass Florida LLC | |||
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Olde Naples currently lowest priced single family home with pool! This charming cottage is perfectly located in the heart of it all right near the beaches and 5th Avenue South's award winning restaurants and shops! Live the highly walkable, biking and golf carting lifestyle that this sought after beachside neighborhood provides. Upon entering the home you feel the freshly updated and coastal contemporary vibe throughout. Take in your own paradise retreat while soaking up the sun in the southern facing pool, grilling in the outdoor built in kitchen and covered lanai while also having a large grassy dog run along the entire side of the home for the pets! The floor plan provides both a living room and a separate family room, a spacious master bedroom, skylights, and a large U-shaped kitchen connecting the dining area to the family room. Have piece of mind knowing that this property remained high and dry during the hurricanes with no water intrusion, quality construction and a durable cement siding on exterior of the home. There's always plenty of parking at the circular front driveway and a 1-car detached over sized garage at the rear of the home with alley access. This is a must see adorable residence!
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| Jun 5, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017