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1501 Chesapeake Ave

Naples, FL 34102
  • $3,950,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 225001507
UPDATED: 78 min ago
$3,950,000
  • 6
    BEDS
  • 0.29
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,324
    SQFT
  • $742
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1987
County:

School Information

Elementary School:
Middle School:
High School:

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!

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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 Premier Sothebys International 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. 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. Data last updated 2025-01-25T10:25:56.037. Some properties that appear for sale on this website may no longer be available. For the most current information, contact Premier Sothebys International Realty, 239-860-7176, bouncedemail@boomtownroi.com. Licensed in the State of Florida.
www.thomasteamflorida.com/homes/159239002
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1501 Chesapeake Ave Naples, FL 34102

  • Price: $3,950,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 78 min ago
  • ID#: 225001507
6
Beds
8
Baths
0
½ Baths
0.29
Acres
5,324
SQFT
$742
$/SQFT
1987
Built
Neighborhood:
Oyster Bay
County:
Collier
Area:
NA08 - Royal Harbor-Windstar Area
Elementary School:
Lakeview
Middle School:
Gulfview
High School:
Naples
Property 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!
Exterior Features

Attached Garage No Building Desc Multi-Story HomeLow Rise (1-3) Building Design Multi-Story HomeLow Rise (1-3) Canal Width Canal Width 81-120 Carport Desc No Carport Spaces 0 Construction Concrete BlockStone Covered Spaces 0 Exterior Features Boat Dock PrivateBoat SlipDock DeededDock Included Fencing Fenced Foundation Details Concrete Block Garage No Gulf Access Type No Bridge(s)/Water Direct Gulf Access YN Yes Irrigation Central Lot Back 80 Lot Desc Regular Lot Frontage 80 Lot Left 161 Lot Right 161 Parking 1 Assigned Parking Total 0 Patio And Porch Features DeckPatio Pool Features CommunityBelow GroundConcreteElectric Heat Pool Private Yes Rear Exposure N Road Responsibility Public Maintained Road Roof Shingle View CanalParking LotPool/ClubWater View YN Yes Waterfront Desc Canal FrontNavigableRip Rap Waterfront YN Yes

Interior Features

Baths Total 8 Bedroom Desc Split Bedrooms Bedrooms 6 or More Cooling Central Electric Cooling YN Yes Dining Description Dining - FamilyDining - Living Elevator None Equipment DishwasherDisposalDryerMicrowaveRefrigeratorWasher Fireplace No Flooring TileWood Furnished Desc Turnkey Heat Central Electric Heating Yes Interior Features Built-In CabinetsSmoke Detectors Laundry Features Washer/Dryer Hookup Spa No

Property Features

Association Amenities CabanaCommunity Boat DockPoolInternet Access Building Area Total 6767 Building Features DSL/Cable Available Community Features Pool Condo Fee 0 Foreclosed Reo YN No Hoa Desc Yes Hoa Fee 0 Horse YN No Levels 2 Maintenance Other Management Condo Mandatory Club Fee 0 Master Hoa Fee 0 Min Daysof Lease 30 MLS Naples New Construction YN No Num Unit Floor 1 Other Structures Cabana Ownership Desc Condo Pets Yes Potential Short Sale YN No Security Features Smoke Detector(s) Senior Community No Subdivision Name OYSTER BAY Terms Buyer Finance/Cash Total Annual Recurring Fees 0 Transfer Fee 0 Unitsin Complex 4 Water Source Central

Listing courtesy of Premier Sotheby's Int'l Realty: 239-659-0099.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. 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 Premier Sothebys International 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. 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. Data last updated 2025-01-25T10:25:56.037. Some properties that appear for sale on this website may no longer be available. For the most current information, contact Premier Sothebys International Realty, 239-860-7176, bouncedemail@boomtownroi.com. Licensed in the State of Florida.
 
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Premier Sothebys International Realty
7711 Collier Blvd. Suite 105
Naples FL, 34114