Home > Oyster Bay > 1501 Chesapeake Ave, Naples, FL 34102
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1501 Chesapeake Ave, Naples, FL 34102 - 6 Bedroom Pool Condo in Oyster Bay

$3,950,000

MLS Number
225001507
Bedrooms
6 or More
Bathrooms
8 Baths
Living Area
5,324 sq ft
Total Area
6,767 sq ft
Garage Spaces
0
Year Built
1987
Days on Market
202

home 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!

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fact_check The Basics

Property Type Condo
Gulf Access Yes
Boat Access Boat Dock Private, Boat Slip, Dock Deeded, Dock Included
Private Pool Yes
Private Spa No
Acres 0.29
Furnished Turnkey
Last Modified 6 months ago

savings Financials & HOA Fees

Foreclosure No
Auction No
Short Sale No
Mandatory HOA Yes

roofing Building Features

Building Features DSL/Cable Available
Building Style Multi-Story Home
Construction Materials Concrete Block, Stone
Cooling Central Electric
Elevator None
Floor Plan Split Bedrooms
Floors 2
Patio and Porch Deck, Patio
Other Structures Cabana
Rear Exposure North
Roof Shingle
Security Features Smoke Detector(s)
Storm Protection Impact Resistant Windows, Other
View Canal, Parking Lot, Pool/Club, Water
Water Source Central
Waterfront Features Canal Front, Navigable, Rip Rap

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chair Interior Features

Appliances & Equipment Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Washer, Washer/Dryer Hookup
Interior Features Built-In Cabinets, Smoke Detectors
Additional Rooms Den - Study
Flooring Tile, Wood
Gas No
Laundry Washer/Dryer Hookup

holiday_village Neighborhood and Community

Pets Allowed Yes
Amenities Cabana, Community Boat Dock, Pool, Internet Access
Neighborhood Oyster Bay
Neighborhood Type Boating
Community Features Pool
Included in Fees Other
HOA Restrictions None

travel_luggage_and_bags Leasing Rules

Lease Limits Yes
Leases Per Year 12
Minimum Days of Lease 30

school School Zones

Elementary School Lakeview
Middle School Gulfview
High School Naples

photo_library Additional Images

Chris Farrugia, REALTOR Portrait

Chris Farrugia, M.B.A.

Realtor® at The Listing Naples Group

📞 (239) 248-8171
📧 chris@listingnaples.com

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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.

Listing provided by Premier Sotheby's Int'l Realty.