Developers and investors have steadily purchased lots in Olde Naples over the last 6 months and are now building new construction spec homes on many. Now that inventory and prices are down, the opportunities in this area are quickly moving. The next best value for a lot in Olde Naples is at 80 4th Ave S which is a beach block lot where an investor or an end-user could build a new home just 2 sites from the beach and the site would allow for a 4,500-5,500 under air home with Gulf of Mexico view potential from upper floors. The asking price is $1,650,000 and the listing agent is Rex Miller, PA of Gulf Coast International Properties. 239.821.1433
Rex Miller, P.A.