Olde Naples Naples Condos for Sale

This residence offers a distinctive opportunity for investors with a vision for renovation and value creation in the heart of Old Naples. Positioned within one of the area’s most desirable enclaves, just moments from the Gulf, Fifth Avenue South, and Cambier Park, the property combines prime location fundamentals with exceptional upside potential.The existing three-bedroom, four-bath layout features a rare double-unit configuration, providing a flexible foundation for reimagining the space. With two full kitchens already in place, investors have the option to modernize into a high-end dual-living residence, convert to a single expansive luxury layout, or design a premium seasonal rental tailored to today’s market expectations.Key structural elements—such as hardwood flooring, generous square footage, and multiple indoor-outdoor transitions—create an ideal canvas for renovation. With two screened lanais, and a private courtyard it offers strong architectural bones that can be elevated with contemporary finishes and cohesive design.The property’s tranquil lake views and boutique building setting further enhance its post-renovation appeal, positioning it to command top-tier resale or rental value. In a market like Naples, where updated, move-in-ready properties in prime locations achieve significant premiums, strategic improvements can unlock substantial returns.For investors seeking a project with both creative flexibility and strong financial upside, this residence represents a rare chance to transform a well-located property into a standout asset in a high-demand luxury market.

Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Website: https://www.realtyofnaples.com

Bio: 

Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.

In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.

Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.

Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

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This property is courtesy of Premier Sotheby's Int'l Realty.

*Just Listed: new properties that came on the market within the last 30 days.
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*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

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