Details

MLS
218058012
Status
Active
Development
OLDE NAPLES
Subdivision
OLDE NAPLES
Zip Code
34102
Approx. Lot Size
0.33 Acres
Days On Market
294 Days
County
Collier

Description

Unique opportunity for “buy & hold” or immediate redevelopment investment in the heart of the Olde Naples district, bordering Aqualane Shores. Large 100'x151’ lot with existing rental income producing condominium association in an unrivaled location between 5th Ave. and 3rd St. and within walking distance to everything downtown Naples has to offer! A large parcel with 15,100 sq ft that can be redeveloped into 1 or 2 large single family homes, 3 townhomes or 4 condos! This parcel is zoned R3T-12, which allows unique transient rental opportunities for downtown Naples. It can be sold in bulk (100'x151’); or, be re-plat into two separate parcels (50’x151’ each) and sold separately. Current owners have worked with the City of Naples, various architects and contractors in town on all building possibilities. Sample plans, as well as estimated building costs from local top contractors in hand and can be shown to potential serious buyers. PRESENTLY ALL RENTALS UNITS ARE GENERATING ALMOST $72K GROSS YEARLY.Please contact Listing Agent!


Approx. Lot Frontage
100 Approx.
Approx. Lot Right Measurement
151 Approx.
Rear Exposure
N Approx.
Approx. Lot Left Measurement
151 Approx.
Approx. Lot Back Measurement
100 Approx.

Road

  • Alley

Lot Description

  • Regular

Subdivision Info

  • Remarks

Maintenance

  • Cable
  • Lawn/Land Maintenance
  • Sewer
  • Water

Property Usage

  • Residential Lot

Utilities Available

  • Cable
  • Sewer
  • Water

Water

  • Central

Sewer

  • Central

Irrigation

  • Central

Financial Terms

  • Buyer Finance/Cash

Financial

Total Tax Bill
$2,671

HOA Restrictions

  • None

Home Owners Association

Management
Residents
Mandatory HOA
No
Approval
Buyer, Other

We're sorry, but no properties that meet this criteria are currently available.


Banker Reciprocity

This listing is courtesy of Downing Frye Realty Inc..

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than John R. Wood Properties are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.

The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this website may no longer be available. For the most current information, contact John R. Wood Properties.