Single Family for sale in North Port Cove

835 11th Ave S , Naples, FL 34102
Listed For$2,645,000

Details

2 Bedrooms
2 Baths
1000 Sq Ft
1978 Year Built
  • Property Type: Residential
  • Description: Single Family Residence
  • Community: NA06 - Olde Naples Area Golf Dr to 14th Ave S
  • Subdivision: NORTH PORT COVE
  • 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)at ONLY ($260SF)EACH OR 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 $68K GROSS YEARLY. REAL AVERAGE VALUE ON MARKET:$2,880,300.

Features

Property Features

  • Exterior Features: None
  • Room Features: See Remarks
  • Appliances: None
  • Materials: See Remarks
  • Furnished: Unfurnished
  • Cooling: Ceiling Fan(s),Central Electric,Other
  • Flooring: See Remarks

Additional Details

  • Pets Allowed: No
  • Total Floors: Two
  • Private Pool: Yes

Waterfront Details

  • Waterfront Access: No
  • Waterfront Description: None

Community Details

  • Community Features:
  • Restrictions:
  • Amenities:

Schools

  • School District: Collier
  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL

Listing Details

  • Status Type: Sold
  • Off Market Date: 6/11/2021
  • Original List Price: $2,975,000
  • On Market Date: 1/01/1970
  • Last Change Date: 1/23/2024
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