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605 21st Avenue South, Aqualane Shores waterfront lot
Aqualane Shores · Naples, FL 34102

605 21st Avenue South.

The most coveted water in Naples runs behind this lot. Nearly a third of an acre on the street Aqualane buyers name first, backing to one of the deep water canals that made this neighborhood the boating address of Naples.

$5,500,000
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The land

Value here has always been land, water, and street.

This site holds all three. Nearly a third of an acre, 14,810 square feet, on 21st Avenue South, the street Aqualane buyers name first and leave last. At the back of the lot, deep water: one of the canals that made this neighborhood the boating address of Naples, with Naples Bay, Gordon Pass, and the Gulf minutes beyond.

The 1978 residence standing here has served its era. What you are buying is what comes next: the site for the home you have been planning in the back of your mind, at the address that justifies building it at full scale.

605 21st Avenue South lot and canal
Aqualane Shores canal, Naples
Aqualane Shores

Platted once, built out long ago, and not making more of it.

Between Third Street South and Naples Bay, Aqualane Shores is Olde Naples’ boating neighborhood: canal-front lots with deep water leading to Naples Bay, Gordon Pass, and the Gulf. Opportunities here open when an owner lets go, and they close the same way: quietly, to the buyer who saw the future first.

This is a purchase measured in decades, not finishes.

The evidence

Every $10M+ sale on this street has happened since 2024.

Three sales on 21st Avenue South have closed at $10M or more: 375 21st Ave S at $16.95M, 395 21st Ave S at $15.6M, and 255 21st Ave S at $12.0M. All three closed within the last 26 months. Gordon Drive and 17th Avenue South still carry more $10M+ sales all-time, but every one of 21st Ave S’s top-tier sales is current activity, not legacy volume.

Two of those cycles are county-confirmed: the lot sold as vacant land, then resold as a finished home. 701 21st Ave S went from $3.65M to $9.70M in two years; 375 21st Ave S went from $4.65M to $16.95M in three.

$10M+ closings on 21st Ave S
375 21st Ave S · Feb 2024$16.95M
395 21st Ave S · May 2025$15.60M
255 21st Ave S · Jan 2026$12.00M
$10M+ sales since 2024, by street
Aqualane Shores, all streets
Gordon Dr 5 16th Ave S 3 21st Ave S 3 7th St S 2

Source: Collier County Property Appraiser sales roll (public record), qualified arms-length sales. Not MLS data.

Want to walk the lot?

30 minutes, no script. Lot lines, water access, and what a new build at full scale could look like here.

Book a private consult
Frequently asked questions

What buyers ask about this lot.

What is the list price?

605 21st Avenue South is listed at $5,500,000.

How large is the lot?

14,810 square feet, nearly a third of an acre, on 21st Avenue South in Aqualane Shores.

Is the existing home staying or coming down?

A 3-bedroom, 2-bath, 1,847-square-foot residence built in 1978 stands on the site today. Most buyers at this address are expected to build new; the value here is the ground, the water, and the street.

Does the property have water access?

Yes. The rear of the lot backs to a deep water canal with access to Naples Bay, Gordon Pass, and the Gulf of Mexico. Dock and seawall specifics are confirmed on a private walkthrough.

What neighborhood is this in?

Aqualane Shores, between Third Street South and Naples Bay in Olde Naples. 21st Avenue South is widely recognized as one of the neighborhood’s most valuable and desired streets.

Request more information

Listed by Jason and Brian Knox.

We are a two-brother advisory team at Compass with $230M+ in negotiated contracts since 2022, and Aqualane Shores specialists. Lot specifics, water access, setbacks, and what building here at full scale could look like.

The first conversation is about fit, not a contract.