$3,950,000

Located in Oyster Bay, Naples, 1501 Chesapeake Ave (MLS®# 225001507) is a gorgeous Condominium Residential property. It features 6 bedrooms, 8 bathrooms with 5,324 sqft of living space and 0.29 acres of lot.

This Property was originally built in 1987. It is currently listed for $3,950,000.

Schools near this property include: Lakeview, Gulfview, Naples.

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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