Description
Attention Boaters and Investors! Discover a lucrative investment opportunity in the heart of Olde Naples. This beautifully renovated two bedroom, two bath condominium is not just a coastal retreat, it's a revenue-generating asset. With an impressive annual rental income of $40,000 from both the condo and its included boat dock, this property is a must see for savvy investors.Step inside to find a meticulously upgraded space featuring high end finishes, new electrical, and plumbing - a true turnkey investment. The prime location offers tenants immediate access to the vibrant shopping and dining of 3rd Street and 5th Avenue, as well as the charming ambiance of Tin City, making it an attractive rental option year round.For boating enthusiasts, the included covered boat lift with heavy duty double stranded cables provides direct access to the Gulf, enhancing the property's appeal for water lovers and ensuring steady rental demand. Additionally, residents can unwind in the community pool, perfect for socializing and enjoying the Florida sunshine.Included in the sale is a certificate of ownership in the Adventure's Club, adding even more value to this investment. Whether you choose to rent it out full time or enjoy it as a seasonal getaway, this condo represents an unparalleled opportunity to capitalize on one of Naples most sought after locations.
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2BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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924SQFT
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$514$/SQFT
School Information
Description
Attention Boaters and Investors! Discover a lucrative investment opportunity in the heart of Olde Naples. This beautifully renovated two bedroom, two bath condominium is not just a coastal retreat, it's a revenue-generating asset. With an impressive annual rental income of $40,000 from both the condo and its included boat dock, this property is a must see for savvy investors.Step inside to find a meticulously upgraded space featuring high end finishes, new electrical, and plumbing - a true turnkey investment. The prime location offers tenants immediate access to the vibrant shopping and dining of 3rd Street and 5th Avenue, as well as the charming ambiance of Tin City, making it an attractive rental option year round.For boating enthusiasts, the included covered boat lift with heavy duty double stranded cables provides direct access to the Gulf, enhancing the property's appeal for water lovers and ensuring steady rental demand. Additionally, residents can unwind in the community pool, perfect for socializing and enjoying the Florida sunshine.Included in the sale is a certificate of ownership in the Adventure's Club, adding even more value to this investment. Whether you choose to rent it out full time or enjoy it as a seasonal getaway, this condo represents an unparalleled opportunity to capitalize on one of Naples most sought after locations.
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Medway Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. 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. Data last updated 2025-06-18T16:25:34.84. Some properties that appear for sale on this website may no longer be available. For the most current information, contact Medway Realty, (941) 375-2456, info@medwayrealty.com. Licensed in the State of Florida.
Listing courtesy of Premier Sotheby's Int'l Realty: 239-659-0099.