$12,900,000
5 Bed Pool Home for Sale in Olde Naples
128 1ST Avenue, Naples, FL, 34102
About this home
Recently completed! Experience luxury living at its finest in this new construction home nestled in the heart of sought-after Olde Naples. This Southern exposure two-story residence boasts 5 bedrooms + den (optional 6th Bedroom), 5 (2 Half) bathrooms, and multiple living areas including an upstairs loft complete with its own kitchen. The Butler's pantry complements the chef's kitchen featuring high-end appliances, including a gas cooktop and large island. With an open floor plan and a spa-like master suite, this home is designed for comfort and elegance. The outdoor kitchen, expansive outdoor living area, and resort-style pool with a spa offer an ideal setting for lavish entertaining. Waterside Builders, Falcon Design and DLY Design have come together to construct a showstopping masterpiece. Ideally located in the 100 Block of Olde Naples within walking and biking distance of downtown, 5th Avenue South's, and 3rd Street South's, fine dining, world-class, shopping entertainment, and white sand beaches.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2025
- Interior
- 5,174 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 934
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $180,600/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- Yes
- Water
- Public
- Sewer
- Public Sewer
- New construction
- Yes
- Pets
- Yes
- County
- Collier
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 575 13th Avenue | Jul 2026 | $9,750,000 | 5/5 | 5,230 | $1,864 |
| 1555 Nautilus Road | Nov 2025 | $10,300,000 | 5/5 | 5,008 | $2,057 |
| 255 21st Avenue | Jan 2026 | $12,000,000 | 5/5 | 5,288 | $2,269 |
| Average | 3 comps | $10,683,333 | $2,063 |
Market trends, Olde Naples
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Up $12,884,512 (83190.3%) from the original list price.
| Apr 21, 2026 | Price increasedfrom $13,500,000 | $12,900,000 |
| Feb 6, 2024 | Listed | $15,488 |
The good, the trade-offs & the location
- Built 2025 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- Private pool
- Storm protection: Impact Windows/Doors
- 3-car garage
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.