Myrtle Cove Acres, 5379 Myrtle Ln, Naples, FL 34113

1,100,000(-13.64% )
$950,000Price
2Beds
2Baths
1,280SqFt

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Details

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Status:
Active
Parking: No info
Size: 1,280 SqFt (119 m2)
Price: $742/SqFt ($7,989/m2)
Type: Single Family Home
Built: 1956
HOA: N/A
MLS Number: 223093112
View: Landscaped Area
Updated: 468 Days ago
Page Views: 0
2.78 acres just minutes from downtown that is zoned for 17 units(!!)....attached villas, condos, even single family (although you may not be able to fit 17 single family units.) 2 bedroom, 2 bath home and large carport currently on the property but the real value is the development value in this property! I have checked the mls several times and there appears to be no other property in all of naples that is already zoned for a small (or even a large) development, nevermind in this incredible location! Only a little over 6 miles to fifth ave south's fabulous dining and shopping and naples world-renown white sand beaches. And amazingly, there is a county sewer line already in place along the entire length of the east property line. Please do not walk property without an appointment as home is currently occupied. Truly an amazing opportunity1
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: No info
  • View: Landscaped Area
Interior, Heating and Cooling
  • Interior Features: Other
  • Equipment / Appliances: Other
  • Heating Description: Other
  • Cooling Description: Other
Building and Construction
  • Floor Description: No info
  • Windows/Treatment: No info
  • Construction Type: House
  • Year Built: 1956
  • Style: Traditional, Single Family
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: None
    • Taxes: 5156.36
    • Security Information: No info
    • Parking Description: Detached Carport
    • Total Floors in Building: 1
    • Total Units in Building: 1

    Price History

    12/16/2023

    Date

    Price Reduced

    Event

    $950K

    Price

    -13.64%

    Change Rate

    $742 ft2 / $7,989 m2

    Price Per

    12/16/2023

    Date

    Listed

    Event

    $1.1M

    Price

    $859 ft2 / $9,250 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Mary WillkommPerfect Properties of Naples, Inc. • Buyer Agency Compensation .

    Instant Comps

    $100/ft²
    $300/ft²
    $600/ft²
    $900/ft²

    Unit 5379 Myrtle Ln – Asking

    $742/ft²

    (+170%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $274/ft²
    Community $/Price Range (Closed) $274/ft² – $274/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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