481 14th Ave Nw, Naples, Florida 34120

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.

Listing courtesy of Downing Frye Realty Inc..

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