House in Naples, FL 34112

Col Lee Gardens, 1972 Frederick St

This exceptional property boasts an enviable location and an expansive .26 acre lot (70x160) just a short stroll from 5th Ave South, Tin City, downtown Naples, and the pristine sugar sand beaches. The area is teeming with upscale dining, boutique shopping, craft breweries, and entertainment options, all conveniently within reach. The existing home showcases rare old Florida architecture, steeped in intriguing history. Although the home sustained damage during Hurricane Ian, it could be restored and utilized as a primary single-family residence, multi-family dwelling, or investment property. With a newer roof and original Cypress wood features throughout, the home exudes charm and character. Alternatively, seize the opportunity to craft your own dream home on this historic site in a burgeoning development zone. This property is free from HOA restrictions, offering endless possibilities for redevelopment. Zoned RMF-6 for multi-family use, this property is a prime investment for those looking to create a one-of-a-kind living space in an unbeatable location. Savvy investors and builders, act fast to secure this gem before it's gone! Motivated seller; all serious offers considered.