$3,600,000

490 1st AVE S, Naples, FL 34102

Land
Built in ——
10,019sqft lot
—— car garage
$——/sqft
Listed 1 month ago

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 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.

Listing Status:: Active
Date Added:: October 26, 2025 at 05:00AM
Listing Office:: John R Wood Properties : 239-434-0101
MLS ID:: 225076866

HOA Amenities: Beach AccessDog ParkRestaurantShoppingSidewalkStreetlight0.0
Originating MLS: Naples
County: Collier

Zoning: NAPLES T 5 BLK 19 LOTS 1 + 214027760005
View: Landscaped AreaView
Current Use: 01-Single Family
Restrictions: Deeded

Utilities: Cable ConnectedElectricity ConnectedPhone ConnectedSewer ConnectedWater ConnectedElectricity on Property
Water: Assessment Paid

Source: Naples

This listing courtesy of John R Wood Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lake Park Elementary School

1295 14th Ave N, Naples, FL, 34102

Grades KG-5

1.49 miles away

Gulfview Middle School

255 6th St S, Naples, FL, 34102

Grades 6-8

0.19 miles away

Naples High School

1100 Golden Eagle Cir, Naples, FL, 34102

Grades 9-12

1.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.