10919 Parnu Street, Naples, FL 34109
For Sale $1,800,000
Save Property
This lakefront Naples property presents a rare value-add investment opportunity with fundamentals that are increasingly difficult to replicate. The main residence offers a highly desirable layout that buyers consistently praise for flow, livability, and indoor-outdoor connection. The opportunity lies not in reconfiguration, but in cosmetic modernization.In addition to the primary home, the property includes a separate garage structure with two independent rental living spaces, creating multiple income streams under one ownership. This feature alone sets the property apart from nearby comparables and significantly enhances long-term return potential.Positioned directly on the lake, the home offers a premium location advantage over neighboring properties that lack waterfront exposure. With an estimated $150,000 cosmetic renovation, this property can be re-positioned to compete at — or above — the current neighborhood ceiling while offering stronger income fundamentals. Renovation scope is straightforward and high-impact, with no structural changes and roof replaced last year. Ideal for investors, renovators, or buyers seeking a below-market entry into lakefront Naples with built-in income potential.Location & LifestyleSet in a quiet neighborhood, this estate is ideally located:– 3 miles to the beach– Minutes to Mercato dining and shopping– Sidewalk access to Veterans Community Park with tennis, fields, and playgrounds– Zoned to a top-rated (9/10) public school districtThis property has never experienced flooding or storm damage, offering rare peace of mind. The large .77-acre lot ensures privacy and space, with no zero lot lines—just serene lakefront living.
Built In Features
Bathtub
Tray Ceilings
Coffered Ceilings
Dual Sinks
Entrance Foyer
Family Dining Room
French Doors Atrium Doors
High Ceilings
Jetted Tub
Kitchen Island
Living Dining Room
Main Level Primary
Pantry
Sitting Area In Primary
Separate Shower
Walk In Closets
Window Treatments
Home Office
Split Bedrooms
Workshop
None
Taxes: $12,765.30
Tax Year: 2024
Deck
Fence
Sprinkler Irrigation
None
Outdoor Grill
Patio
Water Feature
Gas Grill
Built In Oven
Dryer
Dishwasher
Electric Cooktop
Freezer
Disposal
Microwave
Range
Refrigerator
Self Cleaning Oven
Washer
Y
Lake
Building Description: Ranch, One Story, See Remarks
MLS Area: Na12 - N/O Vanderbilt Bch Rd W/O
Total Square Footage: 6,572
Total Floors: 2
Water: Public
Construction: Block, Concrete, Stucco
Short Sale: No
Date Listed: 2024-06-27 22:01:35
Pool: Y
Pool Description: Concrete, Electric Heat, Heated, In Ground, Outside Bath Access, Pool Equipment, Screen Enclosure, Pool Spa Combo
Private Spa: Y
Furnished: Negotiable
Den: Y
Windows: Single Hung, Impact Glass, Window Coverings
Parking: Attached, Circular Driveway, Driveway, Garage, Guest, Paved, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Carpet, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Ceiling Fans, Electric
Storm Protection: Impact Glass, None
Security: Security System, Smoke Detectors
Laundry: Inside, Laundry Tub
Irrigation: Lake
Pets: Yes
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Oversized Lot, Pond On Lot, Sprinklers Automatic
Amenities: None
Listing Courtesy Of: All In One Realty Group
weber.kerry@yahoo.com
This lakefront Naples property presents a rare value-add investment opportunity with fundamentals that are increasingly difficult to replicate. The main residence offers a highly desirable layout that buyers consistently praise for flow, livability, and indoor-outdoor connection. The opportunity lies not in reconfiguration, but in cosmetic modernization.In addition to the primary home, the property includes a separate garage structure with two independent rental living spaces, creating multiple income streams under one ownership. This feature alone sets the property apart from nearby comparables and significantly enhances long-term return potential.Positioned directly on the lake, the home offers a premium location advantage over neighboring properties that lack waterfront exposure. With an estimated $150,000 cosmetic renovation, this property can be re-positioned to compete at — or above — the current neighborhood ceiling while offering stronger income fundamentals. Renovation scope is straightforward and high-impact, with no structural changes and roof replaced last year. Ideal for investors, renovators, or buyers seeking a below-market entry into lakefront Naples with built-in income potential.Location & LifestyleSet in a quiet neighborhood, this estate is ideally located:– 3 miles to the beach– Minutes to Mercato dining and shopping– Sidewalk access to Veterans Community Park with tennis, fields, and playgrounds– Zoned to a top-rated (9/10) public school districtThis property has never experienced flooding or storm damage, offering rare peace of mind. The large .77-acre lot ensures privacy and space, with no zero lot lines—just serene lakefront living.
Property Details
Price: $1,800,000
Sq Ft: 5,404
($333 per sqft)
Bedrooms: 5
Bathrooms: 5
City: Naples
County: Collier
Type: Single Family
Development: Southwinds Estates
Acres: 0.77
Year Built: 1999
Listing Number: 224054965
Status Code: A-Active
Taxes: $12,765.30
Tax Year: 2024
Garage:
2.00
/
Y
Furnishings: Negotiable
Pets Allowed: Yes
Total Recurring Fees: $0
Interior Features:
Built In Features
Bathtub
Tray Ceilings
Coffered Ceilings
Dual Sinks
Entrance Foyer
Family Dining Room
French Doors Atrium Doors
High Ceilings
Jetted Tub
Kitchen Island
Living Dining Room
Main Level Primary
Pantry
Sitting Area In Primary
Separate Shower
Walk In Closets
Window Treatments
Home Office
Split Bedrooms
Workshop
Amenities:
None
Financial Information:
Taxes: $12,765.30
Tax Year: 2024
Exterior Features:
Deck
Fence
Sprinkler Irrigation
None
Outdoor Grill
Patio
Water Feature
Gas Grill
Equipment:
Built In Oven
Dryer
Dishwasher
Electric Cooktop
Freezer
Disposal
Microwave
Range
Refrigerator
Self Cleaning Oven
Washer
View:
Y
Waterfront Description:
Lake
Additional Information:
Building Description: Ranch, One Story, See Remarks
MLS Area: Na12 - N/O Vanderbilt Bch Rd W/O
Total Square Footage: 6,572
Total Floors: 2
Water: Public
Construction: Block, Concrete, Stucco
Short Sale: No
Date Listed: 2024-06-27 22:01:35
Pool: Y
Pool Description: Concrete, Electric Heat, Heated, In Ground, Outside Bath Access, Pool Equipment, Screen Enclosure, Pool Spa Combo
Private Spa: Y
Furnished: Negotiable
Den: Y
Windows: Single Hung, Impact Glass, Window Coverings
Parking: Attached, Circular Driveway, Driveway, Garage, Guest, Paved, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Carpet, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Ceiling Fans, Electric
Storm Protection: Impact Glass, None
Security: Security System, Smoke Detectors
Laundry: Inside, Laundry Tub
Irrigation: Lake
Pets: Yes
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Oversized Lot, Pond On Lot, Sprinklers Automatic
Amenities: None
Map of 10919 Parnu Street, Naples, FL 34109
Listing Courtesy Of: All In One Realty Group
weber.kerry@yahoo.com