$549,000
3 Bed 2 Bath SingleFamilyResidence for Sale in SUN TERRACE, FL
1032 29th Avenue, Naples, FL, 34103
About this home
PRICE IMPROVEMENT!! Investor/Builder Alert – Prime Naples Location! Exceptional opportunity to own in one of Naples' most desirable areas! Located just 1.75 miles from the world-renowned beaches and only 3 miles to 5th Avenue South and 3rd Street South, this .23-acre property is perfectly positioned for future growth and redevelopment. The existing structure offers over 2,500 sq ft of footprint and the lot can accommodate a custom home of 4,000+ sq ft with ample room for an outdoor entertainment area. Ideal for investors seeking remodel to convert to strong short-term rental income (VRBO/Airbnb) or for builders and homeowners looking to capitalize on the area’s increasing demand, by building up on the current structure or teardown. Investment possibilities are plentiful with this property and the location. Zoned within top-rated school districts and close to shopping, dining, and downtown attractions, this location is perfect for both full-time residents and vacation home seekers. Don't miss your chance to invest in a rapidly transforming neighborhood with excellent potential for equity appreciation and rental income.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1971
- Interior
- 2,095 sqft
- Lot size
- 9,583.2 sqft
- Acreage
- 0.22 acres
- Garage
- None
- Days on market
- 244
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,686/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Collier
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1120 Ridge Street | Feb 2026 | $665,000 | 3/2 | 2,147 | $310 |
| 105 Clubhouse Lane C189 | Apr 2026 | $450,000 | 3/2 | 2,281 | $197 |
| 104 Wilderness Drive 241 | Jun 2026 | $605,000 | 3/2 | 1,965 | $308 |
| 106 CLUBHOUSE Drive G169 | Mar 2026 | $670,000 | 3/2 | 2,281 | $294 |
| Average | 4 comps | $597,500 | $277 |
Market trends — Naples
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $294,000 (34.6%) from the original list price.
| Mar 3, 2026 | Sold | $555,000 |
| Jan 28, 2026 | Price reducedfrom $699,500 | $549,000 |
| Jan 28, 2026 | Back on market | |
| Apr 18, 2025 | Listed | $849,000 |
The good, the trade-offs & the location
- Built 1971 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.