1501 Chesapeake Avenue

Naples, FL 34102

$4,750,000
Price
8
Beds
8
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

RARE INVESTMENT OPPORTUNITY ON WATER IN NAPLES.....close to downtown 5th Avenue, Third Street, Tin City, Naples Pier and beautiful Gulf beaches, this Quadruplex is a perfect corporate retreat or each unit can be rented individually. Both floors in the property have conjoining doors that allow for the entire floor to be shared as one unit, perfect for large family gatherings. But wait there's more... ATTENTION BOATERS...this Quad comes with a brand new 60' long boat dock w/ composite decking and quick...RARE INVESTMENT OPPORTUNITY ON WATER IN NAPLES.....close to downtown 5th Avenue, Third Street, Tin City, Naples Pier and beautiful Gulf beaches, this Quadruplex is a perfect corporate retreat or each unit can be rented individually. Both floors in the property have conjoining doors that allow for the entire floor to be shared as one unit, perfect for large family gatherings. But wait there's more... ATTENTION BOATERS...this Quad comes with a brand new 60' long boat dock w/ composite decking and quick access to Naples Bay and the Gulf. The property features a large pool with new heater; 6' tall white vinyl privacy fence; brick paver pool deck and driveway with 6 guest parking spaces. Each of the 4 units is approx 1379 sq ft.; 2 beds/2 full baths + flex room with custom plantation shutters + electric hurricane storm shutters and a screened-in lanai facing the canal. Additional photos of each unit from Rental Property Management Co plus incoming rentals already in place are available upon request.
  1. Listed by David T Urban • John R. Wood Properties

Property Details for 1501 Chesapeake Avenue

Development
OYSTER BAY
Building Design
Quadraplex
Building Description
2 Story
Community Type
Boating
Waterfront
Yes
Waterfront Description
Canal, Navigable
Township
50
Pets
Limits

Location

Listing Courtesy of John R. Wood Properties, David T Urban
Add your commute
LISTING UPDATED: 12/19/2023 09:04 AM

Property Details for 1501 Chesapeake Avenue

StatusActive
MLS #223092998
Days on Market141
Taxes$22,101 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.29 AC / 12,632 SF
CountyCollier County

Location

Listing Courtesy of John R. Wood Properties, David T Urban
Add your commute

Building Information for 1501 Chesapeake Avenue

Stories-Residences4Year Built1987Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$27,764 per month

30 year fixed, 7.25% Interest

Principal and Interest

$25,923

Property Taxes

$1,842

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 Chesapeake Avenue

Summary
Location and General Information
  • Amenities: BBQ - Picnic, Community Boat Dock, Community Boat Slip, Community Pool, Internet Access, Sidewalk, Underground Utility
  • Full Address: 1501 Chesapeake AVE
  • Pets Limit Max Number: 2
  • Road: City Maintained
Taxes and HOA Information
  • Tax Description: City And County
  • Tax District Type: Not Applicable
  • Tax Year: 2023
  • Transfer Fee: $.00
Property
Lot Information
  • Subdivision Number: 106600
  • Acres: 0.29
  • Legal Description: OYSTER BAY UNIT 2, LOT 9
  • Unit: 0
  • Lot Back: 80
  • Lot Description: Regular
  • Lot Frontage: 80
  • Lot Left: 161
  • Lot Right: 161
  • Lot Unit: 9
  • Parcel Number: 15200240008
  • Section: 10
  • Source of Measure Lot Dimensions: Property Appraiser Office
  • Source of Measurements: Property Appraiser Office
  • Property Type: Residential Income
Property and Assessments
  • Possession: At Closing
  • Range: 25
  • Sub Condo Name: OYSTER BAY
  • Zoning Code: NA08
Utilities
  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Heat: Central Electric
  • Cooling: Ceiling Fans, Central Electric
Multi Family
Multi-Family Information
  • Unit Count: 4
  • Annual Expenses: $.00
  • Annual Net Operating Income: $.00
  • Gross Rental Income: $.00
  • Information Available: Leases
  • Units in Building: 4
  • Terms: Buyer Finance/Cash
Unit 1
  • Living Area: 1379.0
  • Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Bedrooms: 2 + Den
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: Turnkey
  • Equipment: Cable Available, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Range, Refrigerator/Ice, Smoke Detector, Washer, Window Covering
  • Parking: 1 Assigned
  • Garage Spaces: 0
  • Car Port Spaces: 0
  • Monthly Gross Income: $0
  • Efficiency: No
Unit 2
  • Living Area: 1379.0
  • Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Bedrooms: 2 + Den
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: Turnkey
  • Equipment: Cable Available, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Range, Refrigerator/Ice, Smoke Detector, Washer, Window Covering
  • Parking: 1 Assigned
  • Garage Spaces: 0
  • Car Port Spaces: 0
  • Monthly Gross Income: $0
  • Efficiency: No
Unit 3
  • Living Area: 1379.0
  • Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Bedrooms: 2 + Den
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: Turnkey
  • Equipment: Cable Available, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Range, Refrigerator/Ice, Smoke Detector, Washer, Window Covering
  • Parking: 1 Assigned
  • Garage Spaces: 0
  • Car Port Spaces: 0
  • Monthly Gross Income: $0
  • Efficiency: No
Unit 4
  • Living Area: 1379.0
  • Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Bedrooms: 2 + Den
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: Turnkey
  • Equipment: Cable Available, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Range, Refrigerator/Ice, Smoke Detector, Washer, Window Covering
  • Parking: 1 Assigned
  • Garage Spaces: 0
  • Car Port Spaces: 0
  • Monthly Gross Income: $0
  • Efficiency: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Fence, Patio
  • Exterior Finish: Stucco
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Gulf Access: Yes
  • Irrigation: Central
  • Boat Access: Boat Dock Private, Dock Deeded, Dock Included
  • Roof: Shingle
  • Canal Width: Canal Width 1-30
  • Construction: Concrete Block
  • Windows: Other, Sliding
  • Private Pool Description: Below Ground, Concrete, Heated Electric
  • Private Pool: Yes
  • Private Spa: No
Interior Features
  • Beds Total: 8
  • Elevator: None
  • Flooring: Carpet, Tile, Wood
  • Elevator Text Details: None

Property History for 1501 Chesapeake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 Chesapeake Avenue

Taxable ValueLand$1,740,800Additions$525,100Total$2,265,900
Tax Record2023$22,101 ($1,842 / month)
Home Facts
Total Finished SqFt5,515 SqFtAbove Grade Finished SqFt5,515 SqFtStories2Lot Size12,632 SqFtStyleQuadraplexYear Built1987CountyCOLLIERAPN15200240008

Schools near 1501 Chesapeake Avenue

This home is within Collier.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - K to 12
Rating
School
Distance
Lake Park Elementary School
PublicPK to 5

Naples High School
PublicPK to 12

Gulfview Middle School
Public6 to 8

Collier Virtual Instruction Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1501 Chesapeake Avenue is a multi-family home for sale in Naples, FL 34102. This property was listed for sale on December 15, 2023 by John R. Wood Properties, it's currently listed at $4,750,000. It has been on the market for a total of 141 days and was last sold on November 4, 2022. This listing's school district is Collier. Nearby schools include Lake Park Elementary School, Naples High School and Gulfview Middle School. 1501 Chesapeake Avenue is a 8-bed, 8-bath, multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of John R. Wood Properties, David T Urban

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.