1501 Chesapeake Avenue
Naples Fl 34102

$3,950,000

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Investors - endless potential - prime investment opportunity on the water in Naples and close to downtown 5th Avenue, Naples. This well-maintained, solid concrete block construction quadruplex on the water offers four units with excellent income potential. Six ample parking spaces, a large shared heated pool, with a 6-foot privacy fence give the occupants a perfect getaway retreat. Each furnished unit has two full baths and two full bedrooms, a fully equipped kitchen with granite countertops, laundry room, dining room, open-concept living room (second-floor units have vaulted ceilings in living area) and a lanai overlooking the water. Each unit has wood/tile flooring, plantation shutters, custom glass shower doors and new ceiling fans. First-floor units offer a conjoining door that allows for the entire first floor to be shared as one unit. (Perfect for a large family.) Each unit can be rented individually. Boaters enjoy a brand new 60-foot boat dock with composite decking, boat slip equipped with bumpers to protect your vessel and quick, no-bridge access to Naples Bay and the Gulf. Your vision, your opportunity!

1501 Chesapeake Avenue
Naples Fl 34102

$3,950,000

  • Collier County
  • Date updated: 01/15/2025

Features

Beds: 6
Baths: 8 Full
Lot Size: 0.29 acres
Lot #: 9
Lot Description:
  • RectangularLot
Year Built: 1987
Parking:
  • Assigned
  • OneSpace
Air Conditioning:
  • CentralAir
  • Electric
Pool:
  • 1
Roof:
  • Tile
Property Type: Condo
Interior:
  • BuiltInFeatures
  • FamilyDiningRoom
  • LivingDiningRoom
  • ShowerOnly
  • SeparateShower
  • CableTv
  • HighSpeedInternet
  • SplitBedrooms
Construction:
  • Block
  • Concrete
  • Stone
Subdivision:
  • Oyster Bay
Amenities:
  • BoatDock
  • Cabana
  • Pool
Taxes: $22,100

FGCMLS #225001507

Listing Courtesy Of: John D'Amelio, Premier Sotheby's Int'l Realty

The MLS listing data sources are listed below. The MLS listing information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.


Properties marked with the FGCMLS are provided courtesy of The Florida Gulf Coast Multiple Listing Service, Inc.

Properties marked with the SANCAP are provided courtesy of Sanibel & Captiva Islands Association of REALTORS®, Inc.