Sold for $950,000

$950,000

5379 Myrtle LN, NAPLES, FL 34113

2beds

1,280sqft

Single Family Residence

Built in 1956

2.78 Acres Lot

$857,100 Zestimate^®

$742/sqft

$2,615 Estimated rent

Home value

$857,100

$686,000 - $1.07M

$2,615/mo

Zestimate^® history

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$5,739/mo

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$5,739/mo

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What's special

2.78 acres just minutes from downtown that is zoned for 17 units(!!)....attached villas, condos, even single family (although you may not be able to fit 17 single family units.) 2 bedroom, 2 bath home and large carport currently on the property but the real value is the development value in this property! I have checked the MLS several times and there appears to be NO other property in ALL OF NAPLES that is already zoned for a small (or even a large) development, nevermind in this incredible location! Only a little over 6 miles to Fifth Ave South's fabulous dining and shopping and Naples world-renown white sand beaches. And amazingly, there is a county sewer line already in place along the entire length of the east property line. Please do NOT walk property without an appointment as home is currently occupied. Truly an amazing opportunity1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Dining room

Features: Other

Heating

Other

Cooling

Other

Appliances

Included: Other

Features

Other, Additional Rooms - None
Has fireplace: No

Interior area

Total structure area: 2,120
Total interior livable area: 1,280 sqft

Property

Parking

Total spaces: 4
Parking features: Detached Carport
Carport spaces: 4

Features

Stories: 1
Has view: Yes
View description: Landscaped Area
Waterfront features: None

Lot

Size: 2.78 Acres
Features: Oversize

Details

Parcel number: 60782080003

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Frame
Roof: Shingle

Condition

New construction: No
Year built: 1956

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & neighborhood

Community

Community features: Non-Gated

Location

Region: Naples
Subdivision: MYRTLE COVE ACRES

HOA & financial

HOA

Has HOA: No
Amenities included: None

Other

Other facts

Contingency: Inspection

Price history

Date	Event	Price
4/15/2024	Sold	$950,000-13.6%$742/sqft
Source: SWFLMLS #223093112 Report a problem
1/29/2024	Pending sale	$1,100,000$859/sqft
Source: Bonita Springs AOR #223094434 Report a problem
12/16/2023	Listed for sale	$1,100,000+54.2%$859/sqft
Source: SWFLMLS #223093112 Report a problem
5/9/2014	Sold	$713,297+185.3%$557/sqft
Source: Public Record Report a problem
6/23/2011	Listing removed	$250,000-23.1%$195/sqft
Source: CB Richard Ellis, Ft. Myers-Naples #206042388 Report a problem