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!
Active
$3,950,000
1501 Chesapeake Ave, Naples, FL 34102
6beds
5,324sqft
Est.:
Condominium
Built in 1987
-- sqft lot
$-- Zestimate®
$742/sqft
$-- HOA
What's special
Furnished unitLarge shared heated poolLaundry roomLanai overlooking the waterPlantation shuttersCustom glass shower doorsNew ceiling fans
- 159 days
- on Zillow |
- 114 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: January 08, 2025 at 10:05am
Listed by:
John D'Amelio 239-961-5996,
Premier Sotheby's Int'l Realty
Source: SWFLMLS,MLS#: 225001507
Originating MLS: Naples

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 8
Rooms
- Room types: Den - Study
Bedroom
- Features: Split Bedrooms
Dining room
- Features: Dining - Family, Dining - Living
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry: Washer/Dryer Hookup
Features
- Built-In Cabinets, Smoke Detectors, Den - Study
- Flooring: Tile, Wood
- Windows: Impact Resistant Windows, Storm Protection (Other)
- Has fireplace: No
Interior area
- Total structure area: 6,767
- Total interior livable area: 5,324 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Dock, Boat Slip
- Has private pool: Yes
- Pool features: Community, In Ground, Concrete, Electric Heat
- Fencing: Fenced
- Has view: Yes
- View description: Canal, Parking Lot, Pool/Club, Water
- Has water view: Yes
- Water view: Canal,Water
- Waterfront features: Canal Front, Navigable Water, Rip Rap
Lot
- Size: 0.29 Acres
- Features: Regular
Details
- Additional structures: Cabana
- Parcel number: 15200240008
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stone
- Foundation: Concrete Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Water: Central
Community & HOA
Community
- Features: Pool, Boating
- Security: Smoke Detector(s)
- Subdivision: OYSTER BAY
HOA
- Has HOA: Yes
- Amenities included: Cabana, Community Boat Dock, Pool, Internet Access
Location
- Region: Naples
Financial & listing details
- Price per square foot: $742/sqft
- Tax assessed value: $2,265,900
- Annual tax amount: $22,100
- Date on market: 1/7/2025
- Lease term: Buyer Finance/Cash
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