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835 11th AVE
Naples, Florida, United States

Description

Unique opportunity for buy hold or immediate redevelopment investment in the heart of the Olde Naples district bordering Aqualane Shores Large 100x151 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 15100 sq ft that can be redeveloped into 1 or 2 large single family homes 3 townhomes or 4 condos This parcel is zoned R3T12 which allows unique transient rental opportunities for downtown Naples It can be sold in bulk 100x151 or be replat into two separate parcels 50x151 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 76K GROSS YEARLYPlease contact Listing Agent

Presented by

Downing-Frye Realty, Inc

Downing-Frye Realty, Inc
Click To Show Phone
Main: +1 239 261 2244

Location

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