$3,950,000

1501 Chesapeake Ave Naples, FL 34102

Royal Harbor Neighborhood

Estimated payment $23,469/month

Total Views 3,749
6 Beds
8 Baths
5,324 Sq Ft
$742 Price per Sq Ft

Highlights

  • Deeded Boat Dock
  • Home fronts navigable water
  • Boat Slip
  • Lake Park Elementary School Rated A
  • Community Cabanas
  • Canal View

About This Home

Investors - endless potential - prime investment opportunity on the water in Naples and close to downtown 5th Avenue, Naples. This well-maintained, solid concrete block construction quadruplex on the water offers four units with excellent income potential. Six ample parking spaces, a large shared heated pool, with a 6-foot privacy fence give the occupants a perfect getaway retreat. Each furnished unit has two full baths and two full bedrooms, a fully equipped kitchen with granite countertops, laundry room, dining room, open-concept living room (second-floor units have vaulted ceilings in living area) and a lanai overlooking the water. Each unit has wood/tile flooring, plantation shutters, custom glass shower doors and new ceiling fans. First-floor units offer a conjoining door that allows for the entire first floor to be shared as one unit. (Perfect for a large family.) Each unit can be rented individually. Boaters enjoy a brand new 60-foot boat dock with composite decking, boat slip equipped with bumpers to protect your vessel and quick, no-bridge access to Naples Bay and the Gulf. Your vision, your opportunity!

Listing Agent

John R. D'Amelio AIA

Premier Sotheby's Int'l Realty License #NAPLES-249519885 Listed on: 01/07/2025

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,100

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions: 80
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Fenced

Parking

  • 1 Parking Garage Space

Property Views

  • Canal
  • Pool

Home Design

  • Turnkey
  • Concrete Block With Brick
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 5,324 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Den

Kitchen

  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • 8 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • No Fixed Bridges
  • Boat Slip
  • Deeded Boat Dock
  • Deck
  • Patio

Schools

  • Lakeview Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15200240008

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Oyster Bay Condos
  • Oyster Bay Community

Recreation

  • Boat Dock
  • Boating
  • Gulf Boat Access
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,100

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Legal Description: OYSTER BAY UNIT 2, LOT 9
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.132502$-81.784931$42.82$13.33$1.00$M8P9YAg0O0dFyGf63WpQHQ
  • Building Design: Low Rise (1-3)
  • Building Description: Multi-Story Home
  • Storm Protection: Impact Resistant Windows
  • Year Built: 1987
  • Property Information: Investors - endless potential - prime investment opportunity on the water in Naples and close to downtown 5th Avenue, Naples. This well-maintained, solid concrete block construction quadruplex on the water offers four units with excellent income potential. Six ample parking spaces, a large shared heated pool, with a 6-foot privacy fence give the occupants a perfect getaway retreat. Each furnished unit has two full baths and two full bedrooms, a fully equipped kitchen with granite countertops, laundry room, dining room, open-concept living room (second-floor units have vaulted ceilings in living area) and a lanai overlooking the water. Each unit has wood/tile flooring, plantation shutters, custom glass shower doors and new ceiling fans. First-floor units offer a conjoining door that allows for the entire first floor to be shared as one unit. (Perfect for a large family.) Each unit can be rented individually. Boaters enjoy a brand new 60-foot boat dock with composite decking, boat slip equipped with bumpers to protect your vessel and quick, no-bridge access to Naples Bay and the Gulf. Your vision, your opportunity!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 741.92
  • Total Floors: 2
  • Additional Rooms: Den/Study
  • Estimated Living Area: 5324
  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Family Dining, Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Internet Available, Smoke Detectors
  • Primary Bathroom: Shower Only

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: 81-120
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Dock Private, Boat Slip, Dock Deeded, Dock Included
  • Irrigation: Central
  • Road: City Maintained
  • View: Canal, Parking Lot, Pool/Club, Water
  • Exterior Features: Deck, Fence, Patio
  • Exterior Finish: Stone
  • Private Pool Type: Below Ground, Concrete, Heated Electric
  • Waterfront Type: Canal, Navigable, Rip Rap

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 000-000-0000
  • Management: Condo
  • Mandatory HOA: Yes
  • Sub Condo Name: OYSTER BAY
  • Maintenance: Other
  • Development Name: OYSTER BAY

Association/Amenities

  • Pets: No Approval Needed
  • Development: Oyster Bay
  • Amenities: Cabana, Community Boat Dock, Community Pool, Internet Access
  • Community Type: Boating
  • Units In Building: 4
  • Total Number of Units: 4

Schools

  • Elementary School: LAKEVIEW
  • Middle School: GULFVIEW
  • High School: NAPLES
  • Elementary School: Lakeview
  • High School: Naples
  • Middle School: Gulfview

Lot Info

  • Builder Product: No
  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 161
  • Lot Right: 161
  • Lot Unit: 9
  • Section: 10
  • Total Area: 6767
  • Waterfront: Yes
  • Acres: 0.2900
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 80 X 161
  • Parcel Number: 15200240008

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 22100.00
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $16,493 $1,420,180 $0 $0
2021 $13,894 $1,291,073 $896,900 $394,173
2020 $13,546 $1,174,597 $0 $0
2019 $12,095 $1,067,815 $0 $0
2018 $10,640 $970,741 $0 $0
2017 $10,394 $882,492 $0 $0
2016 $9,977 $802,265 $0 $0
2015 $9,214 $729,332 $0 $0
2014 $8,248 $663,029 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 For Sale $3,950,000 -- $742 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,600,000 --
Warranty Deed $4,600,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,520,000 New Conventional
Closed $3,520,000 New Conventional
Closed $3,520,000 New Conventional
Source: Public Records

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Source: Naples Area Board of REALTORS®

MLS Number: 225001507

Naples Area Board of REALTORS®

APN: 15200240008

Florida Collier County Naples 34102 Royal Harbor

1501 Chesapeake Ave, Naples, FL

This home is located at 1501 Chesapeake Ave, Naples, FL 34102 and is currently priced at $3,950,000, approximately $741 per square foot. This property was built in 1987. 1501 Chesapeake Ave is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle School.

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Nearby Homes
John R. D'Amelio AIA
Listing Agent
John R. D'Amelio AIA
Section Image
Premier Sotheby's Int'l Realty
(239) 347-9558