Check Availability
$638,000
● Land - For Sale

2995 Terrace Avenue

Naples, FL 34104
bedrooms
Studio
bathrooms
0 Bath
$3,542
Est. Monthly

About This Property

Prime .51-Acre Opportunity Near Downtown Naples – Build Your Vision
Welcome to an opportunity in the heart of Naples! This rare .51-acre residential lot offers a true blank canvas for your custom home or next investment project in one of Southwest Florida's fastest-growing areas.
Perfectly positioned just off Shadowlawn Drive and Terrace Avenue, and only one block from Davis Boulevard, this property delivers unbeatable convenience and accessibility. Located just 1.5 miles from Downtown Naples' famous 5th Avenue South, you'll enjoy quick access to world-class dining, boutique shopping, entertainment, and the stunning Gulf beaches.
This rapidly evolving neighborhood is seeing significant growth and redevelopment, making it an ideal choice for investors or buyers looking to capitalize on future appreciation. The lot is also near key landmarks and businesses-including a nearby Porsche dealership-and sits just 2 miles from NCH, adding to its desirability and long-term value.
Whether you're looking to build a luxury residence, a seasonal retreat, or an income-producing property, this oversized parcel stands out as a rare find with incredible potential.
Unit Size
-
Days on Market
190 days
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$408
HOA Dues
-
Year Built
1948

Listed By

Charlina McGee
Premier Sotheby's Int'l Realty

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Last updated: 7 months ago ( #226010714)

Price History

Date / Event Date Event Price
Mar 20, 2026 Listed by Douglas Elliman Florida,LLC $638,000
Listed by Douglas Elliman Florida,LLC

Property Highlights

Exterior Details
Waterfront Features: None
Lot Features: Rectangular Lot
Lot Size Area: 0.51
Lot Size Units: Acres
Lot Size Acres: 0.51
Lot Size Square Feet: 22215.6
Lot Size Dimensions: 80 x 275 x 80 x 275
Tax Lot: 9
Water Source: Public
Financial Details
Tax Annual Amount: $4,900
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Depth Feet: 2,750
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCK CREEK PARK
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: ROCK CREEK PARK BLK B LOTS 9 + 10 OR 663 PG 1828

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010601

Zoning

  • Zoning: RMF-6

Geography

  • Assessors Map Reference: 5A02
  • Subdivision Tract Number: 601300
  • Parcel: 70721240001
  • Block: B
  • Lot: 9
  • Meridian: SEC 2 TWN 50 RNG 25
  • Municipality: COUNTY COLLIER
  • Latitude: 26.1399
  • Longitude: -81.7697

    Address

  • Full Address: 2995 Terrace Ave
  • Address - House Number: 2995
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Naples
  • Carrier Code: C039
  • 4-Digit Zip Code: 0200
  • Zip Code: 34104

Valuation

    Tax

  • Total Area: 1,184
  • Tax Year: 2022
  • Tax Amount: $50,474
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 85

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 426,013
  • High Value: 525,251
  • Low Value: 326,774

    Market Valuation

  • Market Total Value: $264,798
  • Market Land Value: $228,690
  • Market Improvement Value: $36,108

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,985

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Naples


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Frequently Asked Questions

When was property at 2995 Terrace Avenue built and last sold?
The property at 2995 Terrace Avenue was built in 1948 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2995 Terrace Avenue is $644,380.
What are some comparable homes to 2995 Terrace Avenue?
There are currently no comparable homes to 2995 Terrace Avenue.