481 14th AVE NW, Naples, FL 34120
- $179,000
- List Price
- $179,000
- Listing Price
- $179,000
- Days on Market
- 0
- MLS#
- 226032326
- County
- Collier
- Region
- NA44 - GGE 14,16-18,23-25,49,50,67-78
- Development
- Golden Gate Estates
- Subdivision
- Golden Gate Estates
- Lot Type
- Residential Lot
- Lot Size
- 108,900
- County
- Collier
- Region
- NA44 - GGE 14,16-18,23-25,49,50,67-78
Property Description
Investor - Smart Buyer Alert ...CLOSE to town West of Wilson at Vanderbilt Beach Rd extension. WOW! Timing is everything: 2.5 Acres priced below recent neighbors' lot $300k +- sales...Patience may save you a bit of your hard-earned cash. Price today at $ 179k for 2.5 acres for future development, requires investment of +-+50k for .30 mitigation credits to build equals only $ 229k & your investment may earn your $50,000 in equity on your land value. How & Why?? Other lots sold for $262k-$300k ...If you buy 481 14th Ave NW for $179k and add the $50k investment for mitigation credits, you will have invested only about $229k, while others are paying $300k+. You win because the senior seller lacks the time or energy to complete the six-month to year-long process required to win in the long run. PS: There is an opportunity to purchase multiple lots on the same street 2.5, 2.27, 5 & even 15 acres joined together. Perfect for your family to live close by, invest together or for an active builder project. Possible seller financing.
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Additional Information
- Road
- Public Maintained Road
- Water
- Well
- Sewer
- Septic Tank
- Waterfront Description
- None
- Boat Access
- None
- View
- Trees/Woods
- Subdivision Info
- Horses Permitted
- Lot Size
- 2.5
- Restrictions
- No Commercial
- Tax Year
- 2025
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Courtesy of Downing Frye Realty Inc..
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