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Set directly in the heart of Fifth Avenue South, this exceptional penthouse at 505 on Fifth offers a lifestyle rarely available in Naples—the energy and sophistication of downtown quite literally at your doorstep, combined with the privacy and tranquility of a beautifully designed residence above it all. With Naples’ finest restaurants, boutiques, galleries and cafés just steps away, the residence embraces its extraordinary location while creating a distinctly private world of its own. Designed by Stofft Cooney Architects and exquisitely appointed throughout, the penthouse encompasses 2,808 total square feet, with expansive indoor living flowing seamlessly onto a generous wraparound terrace overlooking the heart of downtown. Inside, soaring 10-foot ceilings, wide-plank white oak flooring and walls of floor-to-ceiling sliding glass doors create a sophisticated, contemporary interior filled with natural light. Open the glass doors and the living space extends effortlessly outdoors, creating multiple areas for lounging, dining and entertaining while enjoying the atmosphere of Fifth Avenue below. At the center of the residence, the striking chef’s kitchen combines custom flush cabinetry, quartz surfaces and a dramatic waterfall-edge island with premium Wolf, Sub-Zero and Bosch appliances. The kitchen opens naturally to the dining area and an expansive great room, anchored by a sleek linear gas fireplace and beautifully finished wet bar with wine refrigeration. The primary suite offers a peaceful retreat with direct terrace access, dual walk-in closets and a spa-inspired bath featuring marble-look tile, a floating dual vanity, illuminated mirrors, soaking tub and separate glass-enclosed shower. A private guest en-suite, versatile den or office and dedicated laundry room complete the thoughtfully designed floor plan. Control4 home automation, Sonos audio, motorized shades and designer LED lighting provide discreetly integrated technology throughout. More than simply a penthouse on Fifth Avenue, this is an opportunity to live above one of Naples’ most celebrated streets—private and sophisticated at home, yet with the very best of downtown Naples waiting just outside your door. One or more photo(s) have been virtually staged, AI generated or rendered.
Property Details
Price: $3,595,000
Sq Ft: 2,446
($1,470 per
sqft)
Bedrooms: 2
Bathrooms: 2
Partial Baths: 1
Unit On Floor: 3
City: Naples
County: Collier
Type: Single Family
Development: Olde Naples
Subdivision: 505 On Fifth
Year Built: 2019
Listing Number: 226012328
Status Code: A-Active
Taxes: $26,975.00
Tax Year: 2025
Garage:
1
/
Y
Furnishings: Negotiable
Pets Allowed: Limits
Interior Features:
Built-In Cabinets
Custom Mirrors
Fireplace
Foyer
Laundry Tub
Smoke Detectors
Tray Ceiling(s)
Volume Ceiling
Walk-In Closet(s)
Wet Bar
Window Coverings
Financial Information:
Taxes: $26,975.00
Tax Year: 2025
Master Association Fees: $5,084.00
Association Fee: $29,116.00
Association Description: Mandatory
Condo Fee: $2,195.00
Condo Fee Frequency: Quarterly
Exterior Features:
Balcony
Open Porch/Lanai
Equipment:
Electric Cooktop
Dishwasher
Disposal
Dryer
Freezer
Microwave
Refrigerator/Icemaker
Self Cleaning Oven
Tankless Water Heater
Washer
Wine Cooler
View:
Y
Additional Information:
Building Description: Penthouse, Low Rise (1-3)
Building Design: Low Rise (1-3 Floors)
Community Type: Non-Gated
MLS Area: Olde Naples
Total Square Footage: 2,808
Total Floors: 1
Water: Central
Construction: Concrete Block, Metal Frame, Stone, Stucco
Date Listed: 2026-03-26 00:00:00
Furnished: Negotiable
Kitchen Description: Island, Pantry
Windows: Window Coverings
Parking: 1 Assigned, Under Bldg Open, Attached
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Marble, Wood
Roof: Built-Up
Heating: Central Electric
Cooling: Central Electric
Fireplace: Y
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Laundry In Residence, Laundry Tub
Irrigation: Central
Pets: Limits
Restrictions: Deeded, Limited Number Vehicles
Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Sewer, Trash Removal, Water
Rear Exposure: Nw
Lot Desc.: Zero Lot Line
Map of 495 5Th St #304, Naples, FL 34102
Listing Courtesy Of: Premier Sotheby's Int'l Realty
james@jwbates.com