239 1St S Ave, Naples, FL 34102 - 3 Bedroom Pool Home in Olde Naples
$6,295,000
home Property Description
Set on a well-proportioned homesite with convenient rear alley access, this property is being offered at land value, presenting a rare opportunity to renovate, reimagine, or build a custom estate. While an existing residence occupies the site, the true value lies in the location, flexibility, and future potential of the property.
The generous building envelope provides exceptional flexibility for future construction, with more favorable setbacks than the nearby corner lot sale, allowing for a larger potential footprint. Located within the desirable X500 flood zone, flood insurance is not currently required, and the home has never experienced flooding.
Whether creating a new estate residence or exploring the possibilities of the existing structure, this is a rare opportunity to secure a premier homesite just moments from the beach and Fifth Avenue South. Additional improvements include a roof replacement in 2024 and an air-conditioning system installed in 2019. A survey is available upon request.
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Chris Farrugia, M.B.A.
Realtor® at The Listing Naples Group
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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 2026 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 Realty One Group MVP.