$11,950,000
5 Bed Pool Home for Sale in Olde Naples, FL, $11,950,000
540 4th Avenue, Naples, FL, 34102
About this home
Located in Old Naples on a Southern exposure oversized 100x150 lot just blocks to the Gulf of Mexico beaches and entertainment district of 5th Avenue South, this new home has 5 bedrooms and 6 baths with 6,219 sq. ft. under air and 8,841 sq. ft under roof. The open floor plan opens to two separate outdoor living spaces with electric screens and shutters, a large resort style pool with spa, fireplace, summer kitchen, fire pit and 4 car garage. The interior includes a gracious kitchen with double islands, custom cabinetry, a butlers kitchen, elevator, large bonus room on second floor opening to a sundeck overlooking the pool. This home has concrete construction throughout, Elan G home automation, Lutron lighting system and a whole house generator.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2023
- Interior
- 6,219 sqft
- Lot size
- 14,810.4 sqft
- Acreage
- 0.34 acres
- Garage
- 4 car
- Days on market
- 517
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $167,300/yr
- Flood zone (area est.)
- Not available
- 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
Amenities
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read — ask Rick for a personalized CMA.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 608 16th Avenue | Apr 2026 | $11,500,000 | 5/5 | 6,256 | $1,838 |
| 575 17th Avenue | Jul 2026 | $11,000,000 | 5/5 | 6,284 | $1,750 |
| Average | 2 comps | $11,250,000 | $1,794 |
Market trends — 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 area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $3,450,000 (23.9%) from the original list price.
| Jan 8, 2026 | Sold | $11,000,000 |
| Oct 1, 2025 | Price reducedfrom $12,950,000 | $11,950,000 |
| Jun 14, 2024 | Listed | $14,450,000 |
The good, the trade-offs & the location
- Built 2023 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Private pool
- Storm protection: Impact Windows/Doors
- 4-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.