Active

343 1st AVE S

NAPLES FL, 34102

$3,490,000


$3,243.49 per sqft

Active

3 Beds

2 Baths

1,076 sqft

Residential

Built in 1950

This exceptional property, nestled in the heart of Olde Naples, boasts an unparalleled location just three blocks from the beach and four blocks from the vibrant 5th Avenue South. Tucked away on a tranquil street with coveted alley access, this property offers both convenience and privacy. Remarkably, the home has never experienced flood damage from any hurricane or storm, thanks to its rare and highly desirable "X" Flood Zone designation. With no HOA requirements, this property offers unparalleled freedom to design and enjoy your home without restrictive rules or additional fees.

This expansive 9,000-square-foot lot in the heart of Olde Naples presents an extraordinary opportunity to craft your dream home in one of the most coveted locations in Southwest Florida. Envision designing a luxurious sanctuary with an open, airy layout, a chef's kitchen, and a resort-style pool--steps from the pristine beach and the lively 5th Avenue South. The possibilities are as limitless as your imagination. Whether you dream of a timeless coastal retreat, a sleek modern showpiece, or a thoughtfully reimagined historic cottage, this property offers the perfect canvas to bring your vision to life. Immerse yourself in the Olde Naples lifestyle and create a home that embodies your style, aspirations, and desires.

Olde Naples is a neighborhood like no other, exuding a timeless charm that seamlessly blends history, luxury, and the beauty of coastal living. Picture yourself meandering down coconut palm-lined streets, where nearly every avenue--such as 1st Avenue South--leads to the sparkling shores of the Gulf. This enchanting area features a harmonious mix of architectural styles, from quaint cottages to opulent estates, all within a leisurely stroll of upscale boutiques, renowned restaurants, and world-class art galleries. With its vibrant social energy and serene coastal ambiance, Olde Naples offers an unparalleled lifestyle, embodying the very essence of Naples living at its finest.

The existing historic cottage-style residence features 3 bedrooms, and 2 baths is in need of TLC and is being sold "as is," presenting an extraordinary opportunity for renovation or redevelopment. Spanning approximately 9,000 square feet, the lot provides ample space to build your dream home, complete with room for a pool.
Seize this rare chance to craft your own piece of paradise in one of Naples' most sought-after neighborhoods!

225001384

MLS ID

January 5, 2025

Listed

January 21, 2025

Updated

Map

343 1st AVE S
NAPLES FL, 34102

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Appliances

Dryer, Range, Washer


Laundry Description

Washer/Dryer Hookup, Laundry in Residence


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Window Unit

Exterior/Building Features

Lot Size

0.21 Acres


Exterior Features

Screened Lanai/Porch


Lot Features

Regular


Architectual Style

Ranch, Single Family


Roof

Shingle

School Information

High School

NAPLES HIGH SCHOOL


Elementary School

LAKE PARK ELEMENTARY

Other Property Details

Area Name

OLDE NAPLES


Taxes

$22,508


Tax Frequency

Annually


Days on Market

16


Association Amenities

None


Garage

No


Parking Total

0


View

Yes


View Description

Landscaped Area


County

Collier


Water Source

Central


Pool

No

Listing History

Date

Event

Price

1/21/2025

Price change

$3,490,000

900%

1/21/2025

Price change

$349,000

-91%

Courtesy of Ed DiMarco, Realty Hub

The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 1/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Naples Area Board of REALTORS® All rights reserved.

Data last updated 7:08 PM UTC, 1/21/2025

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