1501 Chesapeake AVE
Naples, FL 34102
- 6 beds
- 8 baths
- 5,324 sqft
- 12,880 sqft lot
- $741 per sqft
- 1987 build
- – on site
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!
Last checked:
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Last updated Feb 26, 2025
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MLS# 225001507 —
The Building
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Year Built:1987
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Construction:concrete block
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Building Design:low rise (1-3)
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Building Description:multi-story home
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Roof:shingle
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Windows:Other
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Exterior Finish:stone
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Storm Protection:impact resistant windows, Other
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Equipment:dishwasher, disposal, dryer, microwave, refrigerator, smoke detector, washer, washer/dryer hookup
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Elevator:none
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Total Floors:2
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Units in Building:4
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Unit Floor:1
Interior
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Floor Plan Type:split bedrooms
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Interior Features:built-in cabinets, cable prewire, Internet Available, smoke detectors
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Furnishings:turnkey
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Dining Description:family/dining, living/dining
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Additional Rooms:den/study
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Flooring:tile, wood
Room Dimensions
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Total Area:6,767 Sqft
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Approx Living Area SqFt:5324
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Source of Measure Living Area:Architectural Plans
Financial & Terms
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Ownership Description:condo
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Potential Short Sale:No
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Restrictions:none
Location
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Latitude:26.132502
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Longitude:-81.784931
The Property
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Property Type:Residential
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Property Information: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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Lot Description:regular
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Lot Unit:9
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Lot Back:80
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Lot Frontage (ft):80
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Lot Left:161
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Lot Right:161
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Rear Exposure:N
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0.2900Acres:
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View:canal, parking lot, pool/club, water
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Exterior Features:deck, fence, patio
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Road:city maintained
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Irrigation:central
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Private Pool:Yes
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Private Pool:below ground, concrete, electric heat
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Private Spa:No
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Boat Access:private boat dock, boat slip, deeded dock, included dock
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Waterfront:Yes
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Waterfront Description:canal, navigable, rip rap
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Canal Width (ft.):81-120
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Gulf Access:Yes
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Gulf Access Type:No Bridge(s)/Water Direct
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Source of Measure Total Area:Architectural Plans
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Price Per SqFt:741.92
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Source of Measure Lot Dimensions:Architectural Plans
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Source of Measurements:Architectural Plans
Listing Agent
- Contact info:
- Agent phone:
- (239) 961-5996
- Office phone:
- (239) 659-0099
Taxes
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Tax Year:2024
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Taxes:$22,100
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Taxes:city and county
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Tax District Type:Not Applicable
Beds
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6Total Bedrooms:
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Bedrooms:6+
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Bedroom Description:split bedrooms
Baths
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8.00Total Baths:
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Master Bath Description:shower only
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8Full Baths:
The Listing
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Auction:No
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Flood Insurance:No
Heating & Cooling
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Heat:central electric
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Cooling:central electric
Utilities
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Water:central
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Sewer:central
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Cable Available:Yes
Appliances
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Range:25
Schools
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Elementary School:LAKEVIEW
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Middle School:GULFVIEW
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High School:NAPLES
The Community
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Development:OYSTER BAY
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Development Name:OYSTER BAY
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Community Type:boating
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Amenities:cabana, community boat dock, community pool, internet access
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Pets:no approval needed
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Maintenance:Other
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Management:condo
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Mandatory HOA:Yes
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HOA:mandatory
Parking
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Parking:1 assigned
Monthly cost estimate

Asking price
$3,950,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$21,151
|
Taxes | $1,841 |
Insurance | $1,086 |
Utilities | $243 See report |
Total | $24,321/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/7/25
Jan 7, 2025
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Listed / Active | SWFLMLS | $3,950,000 |