Rare Investment Opportunity in the Heart of Olde Naples. This .17-acre lot in prestigious downtown Olde Naples includes three existing structures--a main house and two guest cottages, each with its own paved driveways with rear alley access--providing the potential to restore the dwellings or build a new, expansive residence. Zoned R3-12, the property offers the unique potential to build two attached dwellings or a single, expansive residence. Whether you envision a single-story retreat, a grand two-story home, or want to restore the existing structures to their former charm, this lot offers endless possibilities for creating your ideal beach haven in one of Naples' most sought after neighborhoods. Located just a few blocks from pristine Gulf of Mexico beaches, opportunities like this are becoming increasingly rare in downtown Naples. Situated in the highly coveted Naples Historic District, you're just a short walk to 5th Ave South and 3rd Street South, where you can enjoy world-class dining, endless entertainment, charming boutiques, antique stores, and upscale shopping! With its unbeatable location, just two blocks from miles of stunning white sand beaches, you're also minutes from iconic landmarks like the Naples Pier, Cambier Park, Tin City, the Naples City Dock, and vibrant cultural events including art shows, car shows, free concerts at Cambier Park, live entertainment, and holiday parades and events- including art shows, car shows, free concerts at Cambier Park, and seasonal parades on 5th Ave South. Picture starting your day with a morning swim at the beach, watching the glorious Naples Sunset from the beach everyday- that seems exclusive to Naples, or strolling to nearby cafes and shops, all just minutes from your front door. This is an ideal setting to create your dream coastal retreat. Surrounded by multi-million dollar homes, this rare lot offers a once-in-a-lifetime opportunity to create your ideal lifestyle in the heart of Olde Naples, where luxury, history, and charm seamlessly come together. Don't miss your chance to own a piece of property in this highly sought-after location. Opportunities to build in this prime location are becoming increasingly harder to find. With its unparalled lifestyle, walkability, and proximity to some of the best beaches and amenities in the country, this property offers a coveted chance to experience the best of Naples living. With an average winter temperature in the low 70s, it's the ideal destination for those seeking exclusivity and convenience in a beachfront setting. Experience the epitome of Naples living, where luxury knows no bounds and every day feels like a blissful getaway! This property offers endless potential and is an unparalleled investment opportunity! The 3 structures sustained about a foot of water damage and is being sold "as is" for lot value. Incredible location for an opportunity to re-build near the beach! Just a few short blocks to Naples Beach & the pier!