490 1St Ave, Naples, FL 34102
For Sale $3,600,000
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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 façade 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.
Beach Access
Dog Park
Restaurant
Shopping
Sidewalk
Streetlight
Taxes: $27,346.80
Tax Year: 2024
Landscaped Area
Community Type: Non-Gated
MLS Area: Na06 - Olde Naples Area Golf Dr To 14Th Ave S
Water: Assessment Paid
Foreclosure: No
Short Sale: No
Date Listed: 2025-10-26 00:00:00
Pool: No
Private Spa: No
Fireplace: No
Irrigation: Assessment Paid
55+ Community: No
Restrictions: Deeded
Rear Exposure: S
Lot Desc.: Corner Lot
Amenities: Beach Access, Dog Park, Restaurant, Shopping, Sidewalk, Streetlight
Listing Courtesy Of: John R Wood Properties
239-434-0101
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 façade 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.
Property Details
Price: $3,600,000
City: Naples
County: Collier
Development: Olde Naples
Acres: 0.23
Virtual Tour/Floorplan: View
Listing Number: 225076866
Status Code: A-Active
Taxes: $27,346.80
Tax Year: 2024
Garage:
Amenities:
Beach Access
Dog Park
Restaurant
Shopping
Sidewalk
Streetlight
Financial Information:
Taxes: $27,346.80
Tax Year: 2024
View:
Landscaped Area
Additional Information:
Community Type: Non-Gated
MLS Area: Na06 - Olde Naples Area Golf Dr To 14Th Ave S
Water: Assessment Paid
Foreclosure: No
Short Sale: No
Date Listed: 2025-10-26 00:00:00
Pool: No
Private Spa: No
Fireplace: No
Irrigation: Assessment Paid
55+ Community: No
Restrictions: Deeded
Rear Exposure: S
Lot Desc.: Corner Lot
Amenities: Beach Access, Dog Park, Restaurant, Shopping, Sidewalk, Streetlight
Map of 490 1St Ave, Naples, FL 34102
Listing Courtesy Of: John R Wood Properties
239-434-0101