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Naples Florida Olde Naples Homes for Sale

Naples Florida Real Estate

Olde Naples Naples Real Estate

Homes For Sale108$565K - $89M
Condos For Sale129$295K - $10.6M
Land For Sale14$1.6M - $25M
Sold ( Past 6 Months )86$300K - $19.9M
Last updated at 7:50am 04/16/2025

$18,900,000
Decrease*
$5.1M
Apply for Financing

MLS# 224022030

40 5th Ave S, Naples, FL 34102

Homes - 7,635 ft² / 9,675 ft² - 3 Car Garage

5+Den / 6 Baths / 1 Half / Pool / Spa

Built 2002

$5,100,000 price adjustment and just 99 steps to the BEACH. The elevation is high and dry with views of the gulf and 1-home in from the white sugar sandy beach. A MAGNIFICENCE TWO STORY HOME that looks like a castle with 5 BEDROOMS, 7 BATHS, LIBRARY/ OFFICE, ENTERTAINMENT GRAND PARLOR/ BAR, WINE ROOM, POOL/SPA 5 OPEN TERRACES and a ROOF TOP DECK TO WATCH SUNSET! HIGH IMPACT GLASS WINDOWS, poured concrete construction and architectural curved walls, rotunda ceilings 24’ ceiling height in foyer with 6’ chandelier by John Walker.Impressive curb appeal with circular driveway, power gates, paver walkways & lush landscaping of topical plantings boarder the 85’ X 150’ lot. Rear alley access to 3 car garage & elevator that serves to all living levels. EVERYONE IS RAVING ABOUT THE KITCHEN AND THE COUNTERTOPS THAT LOOK LIKE LEATHER. A custom blend of granite and quartz (quartzite) artisans created this rich color “jabot brown suede” that in center island to this DREAM kitchen: 2- dishwashers, 2 refrigerator drawers, DEEP CUSTOM DRAWERS, CUSTOM CHINA BUFFET, WALK-IN PANTRY, SUB ZERO REFRIGERATOR, ICE MAKER AND MORE. The dining room has a climate controll wine room (800 bottles). Upon arrival, guest are greeted in a two story grand foyer with dramatic staircase. The fireplace living room adjacent to the wine room for intimate retreats ultimate venues for family friends gatherings. Family room filled with light and french doors that lead out to spacious open air terrace with views of the Gulf. Ultimate culinary chefs kitchen /Viking gas stove, the center island is jatoba brown suede quartzite a work of art on all the counters perfect combination to the rich wood cabinetry, 2 dishwashers, butlers pantry, built-in china cabinets, refrigerator drawers, separate ice maker, sub zero refrigerator & freezer. The architect designed a dining area in the round with rotunda ceiling opens that brings the family and guest together. First level- luxurious primary suite with stain glass window in bathroom, large walk in closet. Laundry room with porthole window and spacious counters and storage. Second level the Parlor is like stepping into a Hollywood movie set. The detailed millwork, the custom built wood bar, entertainment area that flows with ease to adjacent office/ library. French doors open to magnificent open terrace with view of the Gulf of Mexico. Four large guest bedrooms each with private bathrooms. An outside spiral staircase to the roof top decks with built in seating to enjoy sunset. Tucked on south side is the pool, spa and private bath. This home was designed to entertain and is the perfect venue for philanthropy events and family celebrations! Its an active fun lifestyle to walk to all the shops, restaurants, parades, art shows, right here on 5TH Avenue S. The beach walks and swims will energize your soul. A legacy property perfect for multigenerational gatherings.

PROPERTY DETAILS:

Community Name: Olde Naples
Community Type: Non-Gated
Amenities: See Remarks
Building Design: Multi-story Home, Traditional, Single Family
Building Desc: Multi-Story Home, See Remarks, Traditional
Living Area: 7,635 ft²
Total Area: 9,675 ft²
View: Gulf, Landscaped Area
Unit Floor: 1
Total Floors: 3
Parking: Circular Driveway, Driveway Paved, On Street, Attached
Garage Spaces: 3
Construction: Concrete Block, Wood Frame, Stone, Stucco
Exterior Features: Balcony, Open Porch/Lanai, Storage
Roof: Tile
Private Pool: Below Ground, Concrete, Equipment Stays, Electric Heat, Pool Bath, See Remarks, Self Cleaning
Private Spa: Heated Electric, Jetted Tub
Floor Description: Carpet, Marble, Tile, Wood
Interior Features: Bar, Built-In Cabinets, Fireplace, Foyer, Pantry, Smoke Detectors, Wired for Sound, Walk-In Closet(s), Wet Bar, Window Coverings
Pets: Yes
Units in Building: 1
On Site Since: 03/11/2024
Irrigation: Central
Water: Central
Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
Floor Plan Type: Great Room, Split Bedrooms, 2 Story
Furnished Desc: Negotiable
Min Days of Lease: 30
Leases Per Year: 12
Rear Exposure: W
Restrictions: Architectural, Deeded
Acres: 0.29
Lot Desc: Cul-De-Sac, Regular
Lot Left: 150
Lot Right: 150
Lot Back: 85
Lot Frontage: 85
Taxes: $91,250
Tax Year: 2023
Golf Type: No Golf Available

THIS PROPERTY IS COURTESY OF:

Coldwell Banker Realty

IMAGES:

LOCATION:

AREA SPECIALIST:


Oleg Mikhailov
Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Websitehttps://www.realtyofnaples.com

Bio

Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.

In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.

Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.

Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

CONTACT / REQUEST APPOINTMENT:


In order to better assist our clients, we need to know as much as possible relating to: you, your situation, your needs, what you are looking for, and how we can best assist you. Please be as detailed as possible, for if you are vague, we may miss something - thus, not providing the best service possible. Your satisfaction is our top priority. By providing your phone number, you consent to receive communications, including but not limited to text messages and phone calls, from Luxury Of Naples Group regarding your inquiries, appointments, updates, or other services. Message and data rates may apply. You can opt-out at any time by replying STOP to any text message or contacting us. Thank you and we look forward to earning your business.








Broker Reciprocity LogoThis property is courtesy of Coldwell Banker Realty.

*Just Listed: new properties that came on the market within the last 30 days.
*Decrease/Increase: listing values that are being recorded within the last 30 days.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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