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$2,890,000
508 & 538 Fairway Ter, Naples, FL 34103
5 Beds
4 Baths
3,384 sqft

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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!!!
  • Price:
  • $2,890,000
  • Bedrooms:
  • 5
  • Full Baths:
  • 4
  • Square Footage:
  • 3,384
  • Acreage:
  • 0.33
  • Year Built:
  • 1975
  • Listing ID #:
  • 221070117
  • Street Address:
  • 508 & 538 Fairway Ter
  • City:
  • Naples
  • State:
  • Florida
  • Postal Code:
  • 34103
  • County:
  • Collier
  • Community:
  • Na05 - Crayton Rd Area
  • Subarea:
  • Moorings
  • Subdivision:
  • Moorings
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family
  • Building Floors:
  • 1
  • Building Rear Faces:
  • East
  • Construction Description:
  • Concrete Block
  • Exterior Features:
  • Patio
  • Flooring:
  • Carpet, Tile
  • Interior Features:
  • Built-In Cabinets, Cable Prewire, Walk-In Closet
  • Siding:
  • Stucco
  • Style:
  • Duplex
  • Total Building Square Footage:
  • 3384
  • Type Of Roof:
  • Shingle
  • Unit Level:
  • 1
  • View:
  • Landscaped Area
  • Windows:
  • Single Hung
  • Year Built:
  • 1975
  • Conforms To Zoning:
  • R3 -12
  • Irrigation System Desc:
  • Central
  • Lot Description:
  • Irregular Shape, Oversize
  • Lot Size Front:
  • 122
  • Section:
  • 28
  • Can Be Leased:
  • 1
  • Community Type:
  • Non-Gated
  • Days On Market:
  • 57
  • Leases Per Year:
  • 12
  • Tax District:
  • Not Applicable
  • Price Per Square Foot:
  • 854.02
  • Property Taxes:
  • $8,218
  • Tax Year:
  • 2020
  • Bedroom Description:
  • 5 Bed
  • Dining Room:
  • Dining - Living
  • Master Bathroom Description:
  • Shower Only
  • Other Rooms:
  • Laundry In Residence, Screened Lanai/Porch
  • Pet Restriction Description:
  • No Approval Needed
  • Garage Parking Spaces:
  • 2.00
  • Parking Type:
  • Attached
  • Pool:
  • 1
  • Pool Description:
  • Below Ground, Equipment Stays, Screened
  • Cooling System:
  • Central Electric
  • Equipment:
  • Auto Garage Door, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Heating:
  • Central Electric
  • Sewage Description:
  • Central
  • Water System Description:
  • Central
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Premiere Plus Realty Co.
  • MLS‘s copyright notice. "The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright [current year] M.L.S. of Naples, Inc. 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."
    “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.”
    NAPLES

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