508 & 538 Fairway Ter, Naples, FL 34103

$2,890,000
5
BD
4
Full Baths
3,384
SqFt
List Price
$2,890,000
Listing Price
$2,890,000
Price Change
▼ $100,000 1636093199
Days on Market
60
MLS#
221070117
Bedrooms
5
Bathrooms
4
Living Sq. Ft
3,384
Land SqFt
3,780
Lot Size
14,374
Approx. Lot Size
122x127x155x89
Property Class
Condo
Building Design
Single Family
Elementary School
Sea Gate Elementary
Middle School
Gulfview Middle School
High School
Naples High School
Status Type
Resale Property
Status
ACTIVE
County
Collier
Region
NA05 - Crayton Rd Area
Development
Moorings
Building Name
Moorings

Property Description

Located LESS THAN one mile to the white sugary sandy beach. This property is located on an OVERSIZED and rarely available lot that is zoned R3-12 (multi-family). The current multifamily property sits on over a 1/3 of an acre (.33 acres). There is SO much potential to build your own TWO townhomes – each up to ~5,000 square feet. if you didn’t want to build two large townhomes on the property, the property could be remodeled to rent both properties or live in one side and rent the other out or build a new Single Family home. Three recent closed sales for newer built homes on the SAME street; $2,495,000, $2,600,00 and $2,900,000. As a Moorings resident you will have the option for membership to the private beach park. Attached is a subdivision re-plat building area study from MHK architecture & planning showing an option to build TWO spacious townhomes on this OVERSIZED lot. ***** There is a VIRTUAL TOUR link. *****

Additional Information

Tax Amount
$8,218
Tax Year
2020
Year Built
1975
Garage Spaces
2
furnished
Turnkey
Pets
No Approval Needed
Amenities
None
Community Type
Non-Gated
View
Landscaped Area
Boat Access
None
Waterfront Description
None
Pool
Yes
Pool Description
Below Ground, Equipment Stays, Screened
Building Description
Duplex
Lot Description
Irregular Shape, Oversize
Lot Size
0.33
Construction
Concrete Block
Restrictions
None
Rear Exposure
E
Roof
Shingle
Flooring
Carpet, Tile
Windows
Single Hung
Exterior Features
Patio
Water
Central
Sewer
Central
Heat
Central Electric
Cooling
Central Electric
Irrigation
Central
Interior Features
Built-In Cabinets, Cable Prewire, Walk-In Closet
Equipment/Appliances Included
Auto Garage Door, Dishwasher, Dryer, Range, Refrigerator, Washer
Dining Description
Dining - Living
Rooms
Laundry in Residence, Screened Lanai/Porch
Master Bath Description
Shower Only
Storm Protection
None
Unit Floor
1
Furnished Description
Turnkey

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Co..

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2021 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .