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Bean Group
Offered at $1,799,000Active
beds
3
baths
3
sq ft
1,838
Built
1959

840 Myrtle Terrace

Naples, FL 34103

About this home

LIVE, WORK, OR INVEST! ZONED HIGHWAY COMMERCIAL: MIXED USE! MINUTES TO THE BEACH AND FLOOD ZONE X! One of the most unique opportunities in all of Naples! Perfectly positioned in an X flood zone just a short walk or bike ride to the beach, Waterside Shops, waterfront dining, and some of Naples’ most desirable attractions, this fully renovated coastal cottage offers the ultimate Naples lifestyle with endless possibilities. Enjoy being only minutes from 5th Avenue, Mercato, Venetian Village, and world-class shopping, dining, boating, and entertainment while still having the privacy and flexibility rarely found this close to the coast. Zoned for both residential and commercial use, this property is ideal as a full-time residence, seasonal getaway, vacation rental, live/work opportunity, or income-producing investment with NO HOA and NO rental restrictions. Completely reimagined in 2019, the home features a metal roof engineered to withstand winds up to 200 MPH, hurricane-impact windows and doors, updated AC systems, water heaters, and beautifully curated designer finishes throughout. From the moment you arrive, the curb appeal stands out with lush tropical landscaping, custom herringbone pavers, a newly screened-in front patio, and a private entrance leading directly into the flexible studio space or laundry area, ideal for business owners, creatives, remote professionals, guests, or added rental flexibility. Inside, nearly 2,000 square feet of designer-inspired living space awaits with soaring 25-foot cathedral ceilings wrapped in tongue-and-groove Cypress wood, custom wood beams, shiplap accents, recessed lighting, vintage fixtures, built-in bookcases, and an open airy layout designed for entertaining. The chef’s kitchen is truly a showpiece featuring Café appliances, an induction cooktop, quartz countertops, soft-close cabinetry, antique lighting, a custom mango wood indoor/outdoor bar, and even a built-in Keurig coffee maker inside the refrigerator. The primary suite feels like a luxury retreat with a custom fireplace wall, oversized custom walk-in closet, spa-inspired bath with designer cabinetry, chandelier lighting, and a beautifully tiled walk-in shower. Guest bedrooms offer privacy, high ceilings, custom built-ins, and a stunning fully customized Jack-and-Jill bath. The separate studio space with its own entrance, private patio, full bath, and built-in sink creates incredible flexibility for a home office, wellness space, art studio, guest suite, or additional rental opportunity. Step outside into your private tropical oasis featuring a fully fenced yard, outdoor lighting, privacy landscaping, cozy firepit seating area, room for a pool, extended carport, and multiple outdoor entertaining spaces designed to enjoy the Florida sunshine year-round. Opportunities like this rarely become available — especially in a location this close to the beach with no flood insurance required and unmatched flexibility for personal use, business, or investment.

Listing last checked: Listing updated:

Listed by Brehna Hovland · Hovland Realty, LLC · MLS #226019222

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile
Building4 property facts
Style
Single Family Residence
Year built
1959
Garage
0
Roof
Metal
Land & utilities3 property facts
Lot size
0.15 acres
Water
Public
Sewer
Public Sewer
Financial3 property facts
Annual taxes
$6,436
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,799,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$9,633 / monthAdjust
Principal & interest
$9,097
Property tax
$536
Insurance
Not entered
HOA
$0

Listing annual taxes: $6,436. 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.

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About 840 Myrtle Terrace

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Request a tour of 840 Myrtle Terrace and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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