508 & 538 Fairway Ter, NAPLES

$2,990,000

5 Beds
4 Baths
3,384 Sqft
.33 Acres
2 Garages

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. 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. *****

Essential Information
Days on Market117
MLS® #221070117
Price$2,990,000
SubdivisionMOORINGS
DevelopmentMOORINGS
Bedrooms5
Bathrooms4.00
Full Baths4
Square Footage3,384
Total Square Feet3,780
FurnishedUnfurnished
Acres0.33
Year Built1975
TypeResidential
Building DesignSingle Family
Sub-TypeSingle Family, Condo
StyleDuplex
Unit Floor1
Total Floors1
StatusActive
List Price/Sqft$883.57
Taxes$8,218
ZoningR3 -12
Pool
Private PoolYes
Private SpaNo
Pool

Below Ground, Equipment Stays, Screened

Community Information
Address508 & 538 Fairway Ter
AreaNA05 - Crayton Rd Area
CityNAPLES
CountyCollier
StateFL
Zip Code34103
Community TypeNon-Gated
Restrictions
RestrictionsNone
Min. Days Of Lease30
Num of Leases/Yr12
PetsNo Approval Needed
Parking
GarageAttached
# Garage Spaces2
View
Rear ExposureE
ViewLandscaped Area
WaterfrontNone
Amenities
AmenitiesNone
# of Garages2
GaragesAttached
ElevatorNone
Interior
HeatingCentral Electric
CoolingCentral Electric
Interior Features

Built-In Cabinets, Cable Prewire, Walk-In Closet

Exterior
ExteriorStucco
Exterior FeaturesPatio
Lot DescriptionIrregular Shape, Oversize
WindowsSingle Hung
RoofShingle
ConstructionConcrete Block
School Information
ElementarySEA GATE ELEMENTARY
MiddleGULFVIEW MIDDLE SCHOOL
HighNAPLES HIGH SCHOOL
Listing Details
OfficePremiere Plus Realty Co.
Property History
Price Increased from $2,890,000 to $2,990,000
Price Reduced from $2,990,000 to $2,890,000
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