508 & 538 Fairway Ter

NAPLES, FL, 34103

$2,990,000

$883 per ft²
$2,990,000
$883 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
4 Baths
carpenters-square
3,384 ft²
property_type
Multi-family
calendar
Built 1975
Located LESS THAN one mile to the white sugary sandy beach. This property is located on an OVERSIZED and rarely available lot that is zoned R3-12 (multi-family). The current multifamily property sits on over a 1/3 of an acre (.33 acres). There is SO much potential to build your own TWO townhomes – each up to ~5,000 square feet. Asking price reflects LAND VALUE ONLY. Three recent closed sales for newer built homes on the SAME street; $2,495,000, $2,600,00 and $2,900,000. As a Moorings resident you will have the option for membership to the private beach park. Attached is a subdivision replat building area study from MHK architecture & planning showing an option to build TWO spacious townhomes on this OVERSIZED lot. There is a VIRTUAL TOUR link!!!
MLS ID:
221070117
Updated:
10/16/21
Douglas Elliman Real Estate
Michael Lawler

Interior Features

Kitchen Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Total Bedrooms
5
Full Bathrooms
4
Interior Features
Built-In Cabinets, Walk-In Closet(s)
Laundry Description
Laundry in Residence
Floor Description
Carpet, Tile
Cooling
Central Electric
Heating
Central Electric

Exterior/Building Features

Lot Size
0.33 acres lot
Exterior Features
Screened Lanai/Porch
Architectural Style
Duplex, Single Family
Lot Details
Irregular Lot, Oversize
Roof
Shingle

School Information

High School
NAPLES HIGH SCHOOL
Middle/Jr High
GULFVIEW MIDDLE SCHOOL
Elementary School
SEA GATE ELEMENTARY

Other Property Details

Area Name
MOORINGS
HOA Amenities
None
Attached Garage
Yes
Garage Spaces
2
Parking
Attached
County
Collier
Pool
Yes
Pool Description
Below Ground, Equipment Stays, Screen Enclosure
Total Stories
1
Zoning
R3 -12

 

Courtesy of Jeffrey PA, Premiere Plus Realty Co.

Based on information from the Naples Area Board of REALTORS as of 10/16/21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify y any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2021 Naples Area Board of REALTORS. All rights reserved.

Data last updated 2:25 PM UTC, 10/16/21

Douglas Elliman Real Estate
Michael Lawler
Contact Agent