About this home
One or more photo(s) has been virtually staged, AI generated or rendered. MOTIVATED SELLERS! RARE 8-BEDROOM ASSISTED LIVING OPPORTUNITY ON A DOUBLE LOT IN NAPLES PARK!Unlock the exceptional income-producing potential of this rare double-lot property in the heart of Naples Park. Featuring 8 bedrooms and 6 bathrooms, this expansive property was previously operated as an assisted living facility and offers an incredible opportunity for an operator, investor, or owner-user looking to capitalize on the demand for residential care in one of Naples' most desirable locations. The existing layout provides the potential to accommodate up to 10 occupants, with the possibility of increasing capacity to as many as 16 occupants, subject to applicable licensing, zoning, building, and regulatory approvals. With the infrastructure and bedroom count already in place, this property offers a unique opportunity to potentially continue an assisted living operation rather than starting from the ground up. Situated on an OVERSIZED DOUBLE LOT, the property provides valuable flexibility for future improvements, expansion, outdoor amenities, or redevelopment. The fully fenced yard offers privacy and ample outdoor space, while NO HOA and NO rental restrictions provide additional flexibility for an owner or investor. Beyond the property itself, the location is a major advantage. Naples Park is just minutes from Vanderbilt Beach, Mercato, Whole Foods, premier dining, shopping, entertainment, and nightlife. Residents and operators can enjoy the best of the Southwest Florida lifestyle while being positioned in an established neighborhood with strong demand and limited opportunities of this size. Whether you're looking to reestablish an assisted living operation, expand an existing business, renovate and reposition the property, create an income-producing investment, or explore future redevelopment opportunities, this property offers a rare combination of 8 bedrooms, 6 bathrooms, double-lot land, operational history, and an exceptional Naples Park location. Properties offering this level of size, flexibility, and potential in Naples Park rarely become available. Don't miss this opportunity to turn an exceptionally well-located property into a high-potential income-producing asset.one or more photos have been digitally edited by adding images of furniture, mirrors, artwork, plants, etc.
Listing last checked: Listing updated:
Listed by Eddy Garcon · KW Elevate Luxury · MLS #226027206
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Details at a glance
Interior4 property facts
- Rooms
- 0
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Carpet, Laminate, Tile
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1970
- Garage
- 0
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.31 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $8,877
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,599,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,825 / monthAdjust
- Principal & interest
- $8,085
- Property tax
- $740
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $8,877. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$184,900 · Sold $185,000 · Mar 30, 2010
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About 517 100th Avenue N
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