1501 Chesapeake AVE For Sale

Naples, FL 34102 - Oyster Bay

$3,950,000

Description

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!

Address

  • Address: 1501 Chesapeake AVE
  • City: Naples
  • State/Country: Florida, United States
  • Zip: 34102
  • Community: Oyster Bay
  • Community Type: Boating
  • Subdivision: Oyster Bay

Detail

Information last updated on Tuesday, January 7th, 2025 at 09:06 AM

  • MLS ID: 225001507
  • Price: $3,950,000
  • Property Size: 5,324 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 8
  • Garage Spaces: 0
  • Year Built: 1987

Additional details

  • Acres: 0.29
  • Approx Living Area: 5324
  • Baths Full: 8
  • Baths Total: 8
  • Bedrooms: 6 or More
  • Beds Total: 6
  • Cable Available YN: 1
  • CDOM: 1
  • Created Date: January 7th, 2025
  • Current Price: $3,950,000
  • Den Flex YN: 1
  • DOM: 1
  • Gulf Access YN: 1
  • Latitude: 26.132502
  • Lease Limits YN: 1
  • Leases Per Year: 12
  • List Price: $3,950,000
  • Longitude: -81.784931
  • Lot Unit: 9
  • Mandatory HOAYN: 1
  • Min Daysof Lease: 30
  • MLS Number: 225001507
  • Num Unit Floor: 1
  • Original List Price: $3,950,000
  • Parcel Number: 15200240008
  • Parking: 1 Assigned
  • Postal Code: 34102
  • Price Per Sq Ft: $742
  • Private Pool YN: 1
  • Section: 10
  • Taxes: $22,100
  • Tax Year: 2024
  • Total Area: 6767
  • Total Floors: 2
  • Unitsin Building: 4
  • Unitsin Complex: 4
  • Waterfront YN: 1
  • Year Built: 1987

Vital Information

Low Rise (1-3)

  • Size: 5,324 sqft
  • Beds: 6 or More
  • Baths: 8
  • Price: $3,950,000

Virtual Tours

Broker Reciprocy

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2025 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 Equity Realty 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.

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