4120 3rd Ave NW - Specialty FOR SALE


Naples, FL 34119- Urban Estates
$3,800,000 USD
239-595-9093
4120 3rd Ave NW, Naples, FL for Sale
$3,800,000 USD
Specialty - FOR SALE
1/135
null | Request Cap Rate

4120 3rd Ave NW
Naples, FL 34119
Urban Estates


HIGHLIGHTS

  • Over $500,000+ Potential Annual Revenue
  • Prime Location + Expansion Opportunity
  • Fully Renovated, Resort-Style Estate

OVERVIEW

INVESTORS—TAKE NOTICE OF THIS EXCEPTIONAL OPPORTUNITY! This income-producing property offers over $500,000+ in potential annual gross revenue. Fully renovated and well-established, this 26-bed, state-of-the-art sober living facility is ideally located in Collier County, surrounded by highly regarded treatment centers including Hazelden Betty Ford and David Lawrence Centers, among others. The property is county-approved for an additional 1,800 sq ft structure, allowing for expansion as additional residential living, a treatment facility, or an IOP program—creating even greater income potential. Known as The Retreat at Primary Purpose, this residence has redefined sober living in Southwest Florida by fostering a true sense of community while delivering exceptional support and services. Alternatively, the property offers flexibility for use as a home care facility or even a large-scale vacation rental (VRBO/Airbnb), just minutes from the renowned beaches of Naples, Florida. Nestled within the prestigious Collier Woods subdivision, the property is accessed by a 400-foot winding driveway and surrounded by lush, private landscaping. Outdoor features include illuminated trees throughout, a fire pit, three brick paver patios, and a pool—creating a true resort-style setting. The surrounding estate homes further enhance the appeal of this exclusive location. Inside, the home showcases cathedral ceilings and an expansive layout featuring 10 bedrooms, 6 bathrooms, and 3 kitchens, along with a newly constructed addition boasting 11-foot ceilings, hurricane-impact windows and doors, and generously sized living spaces. Additional highlights include a state-of-the-art water filtration system, two septic systems, two new AC units, high-end cabinetry with granite countertops, floor-to-ceiling tiled bathrooms, and an impressive indoor/outdoor lighting system. The property also offers engineered parking for up to 20 vehicles. Seller is offering an optional 36-month leaseback at $13,000/month, providing immediate, stable income for investors.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$731 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MRS Promises LLC

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.73 AC

LAND SF

119,056 SF

ZONING

-

APN/PARCEL ID

36666040009

ASK ABOUT THIS PROPERTY

Debra FaheyPremiere Plus RealtyMore Info
239-595-9093

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Debra FaheyPremiere Plus RealtyMore Info
239-595-9093

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.