This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$3,400,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
A rare opportunity in the heart of Old Naples. This premium .23-acre corner homesite sits at the sw corner of 1st Avenue South and 5th Street South, just 5 blocks from the beach and a short stroll to the world-class dining and boutique shopping of famed Fifth Avenue South. Located in sought after X500 flood plain, 490 1st Ave S offers long-term peace of mind, superior elevation, and build flexibility. No flood insurance required. Surrounded by mature banyan trees and lush palms, the property provides an inviting tropical landscape with excellent design potential. A private alley allows for rear-entry garage access, enhancing curb appeal while maximizing space for an impressive front facade and expansive outdoor living. Preliminary concept sketches by MHK Architecture illustrate a stunning 4,000+ sq ft custom home featuring 4 bedrooms, 4.5 baths, a private guest suite with elevator access, loft, additional laundry, spectacular pool, and oversized 2-car garage with alley access. Whether you envision timeless coastal architecture, West Indies charm, or a clean modern aesthetic, the design possibilities here are exceptional. Create your own piece of paradise in one of the most coveted walkable beach neighborhoods in Old Naples.
Full Property Details
Full Property Details for 490 1st Ave S
General
- Sold For: $3,400,000
- Taxes: (2024)
- Status: Closed
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 225076866
- Added to Site: 103 day(s) ago
Additional Information
- Shared Amenities: Beach Access, Dog Park, Restaurant, Shopping, Sidewalks, Street Lights, Non-Gated
Location
- Area: NA06 - Olde Naples Area Golf Dr to 14th Ave S
- County: Collier
- Subdivision: OLDE NAPLES
- Building Name: OLDE NAPLES
- Direction Faces: North
Community
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Landscaped Area
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Survey
- Lot Dimensions: 67 x 67 x 151 x 151
- Frontage: Alley, Public Road
- Frontage Feet: 67
- Irrigation System: Assessment Paid
- Lot Features: Corner Lot, Build to Suit, Cleared
- Trees/Vegetation: Other/Remarks, Grassed
- Lot Description: Corner Lot, Build to Suit, Cleared
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $14,782,608
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: NAPLES T 5 BLK 19 LOTS 1 + 2
- Property ID: 14027760005
- Section: 4
- Block: 19
- Lot Number: 1
Get Pre-Approved Today
Schools
Schools serving 490 1st Ave S
School District:Collier County School District
| Name | Grades | Distance |
|---|---|---|
Lake Park Elementary School, Naples, FL 1295 14th Avenue North, Naples, FL 34102 | K-5 | 1.5 mi |
Naples High School 1100 Golden Eagle Circle, Naples, FL 34102 | 9-12 | 1.9 mi |
Gulfview Middle School 255 6th Street South, Naples, FL 34102 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 490 1st Ave S
Date
Details
Price
Change
Source
1/21/2026
Sold
$3,600,000
—
MLS
10/26/2025
Listed
$3,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
490 1st Ave S, Naples, FL 34102 (MLS# 225076866) is a Residential Lots property that was sold at $3,400,000 on January 21, 2026. This property was sold by Jay Stark from our Naples 5th Avenue Office.Want to learn more about 490 1st Ave S? Do you have questions about finding other Residential Lots real estate for sale in Naples? You can browse all Naples real estate or contact a Coldwell Banker agent to request more information.


