House in Naples, FL 34103

Sun Terrace, 1032 N 29th Ave

PRICE IMPROVEMENT!! Investor/Builder Alert – Prime Naples Location! Exceptional opportunity to own in one of Naples' most desirable areas! Located just 1.75 miles from the world-renowned beaches and only 3 miles to 5th Avenue South and 3rd Street South, this .23-acre property is perfectly positioned for future growth and redevelopment. The existing structure offers over 2,500 sq ft of footprint and the lot can accommodate a custom home of 4,000+ sq ft with ample room for an outdoor entertainment area. Ideal for investors seeking remodel to convert to strong short-term rental income (VRBO/Airbnb) or for builders and homeowners looking to capitalize on the area’s increasing demand, by building up on the current structure or teardown. Investment possibilities are plentiful with this property and the location. Zoned within top-rated school districts and close to shopping, dining, and downtown attractions, this location is perfect for both full-time residents and vacation home seekers. Don't miss your chance to invest in a rapidly transforming neighborhood with excellent potential for equity appreciation and rental income.