840 Myrtle Terrace
RARE COMMERCIAL & RESIDENTIAL OPPORTUNITY WEST OF US-41
Marketing description
RARE NAPLES MIXED-USE OPPORTUNITY | LIVE, WORK, INVEST OR RENT
One of the most unique opportunities in all of Naples, this fully renovated mixed-use property offers the flexibility to live, work, invest, or generate income—all from one exceptional location. Situated west of US-41 in an X flood zone and just minutes from the beach, Waterside Shops, Venetian Village, Mercato, and Downtown Naples, this property combines prime location with endless possibilities.
Zoned for both residential and commercial use, the property is ideal for entrepreneurs, remote professionals, investors, wellness practitioners, creatives, or anyone seeking a live/work lifestyle. The separate studio space features its own private entrance, full bath, sink, and patio, making it perfect for a professional office, consulting space, art studio, guest suite, or additional rental opportunity.
Completely renovated in 2019, the property showcases nearly 2,000 square feet of thoughtfully designed space with soaring 25-foot Cypress wood ceilings, custom beams, designer finishes, impact windows and doors, updated mechanical systems, and a durable metal roof. The chef-inspired kitchen, luxury primary suite, and multiple indoor and outdoor entertaining spaces create an experience that feels more like a boutique retreat than a traditional property.
With no HOA, no rental restrictions, room for a pool, and unmatched flexibility in one of Naples' most desirable locations, this is a rare opportunity to own a property that can adapt to your lifestyle, business, or investment goals for years to come. Whether you're looking for a headquarters, income-producing asset, vacation rental, luxury residence, or all of the above, opportunities like this rarely become available.
Investment highlights
Discover one of the most unique investment opportunities in Naples. Rarely do properties offer the flexibility of both commercial and residential zoning in such a highly desirable coastal location. Positioned west of US-41 in an X flood zone and just minutes from the beach, Waterside Shops, Venetian Village, Mercato, and Downtown Naples, this fully renovated property presents exceptional potential for investors, business owners, entrepreneurs, and owner-users alike.
With no HOA restrictions and no rental limitations, the property offers multiple avenues for income generation and future appreciation. The flexible floor plan includes a separate studio space with its own private entrance, patio, full bath, and sink, creating an ideal setup for a professional office, wellness practice, creative studio, guest suite, or additional rental income. Whether utilized as a luxury residence, vacation rental, live/work property, or commercial space, the possibilities are endless.
Extensively renovated in 2019, the property features impact windows and doors, a metal roof engineered for durability, updated mechanical systems, and high-end finishes throughout, minimizing near-term capital expenditures. Combined with its premier location, strong rental demand, and limited supply of mixed-use properties in Naples, this asset offers a rare combination of lifestyle, flexibility, and long-term investment potential.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
