3 Bed 2 Bath SingleFamilyResidence for Sale in SUN TERRACE, FL
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SoldMLS# 225039037

$549,000

3 Bed 2 Bath SingleFamilyResidence for Sale in SUN TERRACE, FL

1032 29th Avenue, Naples, FL, 34103

3 beds2 baths2,095 sqft

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
Below marketThis home is priced below comparable recent sales — a potential value.
This home
$262/sqft
Comp median
$301/sqft
Difference
-13%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1120 Ridge StreetFeb 2026$665,0003/22,147$310
105 Clubhouse Lane C189Apr 2026$450,0003/22,281$197
104 Wilderness Drive 241Jun 2026$605,0003/21,965$308
106 CLUBHOUSE Drive G169Mar 2026$670,0003/22,281$294
Average4 comps$597,500$277

Market trends — Naples

Median list
$679,400
Median $/sqft
$371
Median sold (90d)
$620,000
Avg days on market
109
Active listings
4,190
Median sold price · Naples
$625,000last 3 months1.6% vs $635,000 prior 3 months
Median closed price by month · Naples
0.4% MoM10.1% YoY
$530k$599k$668kJul ’25Jul ’26
$627,500Jul ’26 · 361 sales

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, 2026Sold$555,000
Jan 28, 2026Price reducedfrom $699,500$549,000
Jan 28, 2026Back on market
Apr 18, 2025Listed$849,000

The good, the trade-offs & the location

Consider
  • Built 1971 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
1.7 mi
NCH Baker Hospital (Naples)
Beach
3.5 mi
Naples Pier / Beach
Airport
2.4 mi
Naples Airport
Shopping
1.3 mi
Coastland Center (Naples)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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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.