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.
Lot/land
$638,000
2995 Terrace AVE, NAPLES, FL 34104
--beds
--baths
0.51Acres
Unimproved Land
Built in ----
0.51 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Oversized parcel
- 7 days |
- 41 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 10:31am
Listed by:
Brooke Sykes, LLC 239-877-2720,
Douglas Elliman Florida,LLC,
Charlina McGee 239-770-1911,
Douglas Elliman Florida,LLC
Source: SWFLMLS,MLS#: 226010714
Originating MLS: Naples
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Landscaped Area, Trees/Woods
- Waterfront features: None
Lot
- Size: 0.51 Acres
- Features: Regular
- Residential vegetation: Brush, Grassed
Details
- Parcel number: 70721240001
- Zoning: RMF 6
Utilities & green energy
- Water: Central
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: Non-Gated
- Subdivision: ROCK CREEK PARK
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Naples
Financial & listing details
- Tax assessed value: $384,422
- Annual tax amount: $4,900
- Date on market: 3/21/2026
- Lease term: Buyer Finance/Cash
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2026 | Listed for sale | $638,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $520 +97% | $53,030 +3% |
| 2023 | $264 -3.6% | $51,485 +3% |
| 2022 | $274 +2% | $49,985 +3% |
| 2021 | $269 +3.9% | $48,529 +1.4% |
| 2020 | $258 +4.2% | $47,859 +2.3% |
| 2019 | $248 +4.3% | $46,783 +1.9% |
| 2018 | $238 -47.3% | $45,911 +2.1% |
| 2017 | $451 +3.4% | $44,967 +2.1% |
| 2016 | $436 +6.6% | $44,042 +10.5% |
| 2015 | $409 +13.1% | $39,874 +173.9% |
| 2014 | $362 +117% | $14,558 +4.2% |
| 2013 | $167 +3.6% | $13,973 +4.9% |
| 2012 | $161 +9.7% | $13,322 +9.1% |
| 2011 | $147 +15.8% | $12,206 +4.7% |
| 2010 | $127 +7.6% | $11,656 +9% |
| 2009 | $118 | $10,692 -70% |
| 2008 | $118 +7.9% | $35,656 +3% |
| 2007 | $109 +6.1% | $34,617 +2.5% |
| 2006 | $103 | $33,773 +3% |
| 2005 | $103 +13% | $32,789 +3% |
| 2004 | $91 +7% | $31,834 +1.9% |
| 2003 | $85 +11.9% | $31,240 +2.4% |
| 2002 | $76 -46.3% | $30,508 +1.6% |
| 2001 | $141 +136.8% | $30,028 |
| 2000 | $60 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 34104
Nearby schools
GreatSchools rating
- 8/10Shadowlawn Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10East Naples Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Naples High SchoolGrades: PK,9-12Distance: 2.7 mi
Local experts in 34104
- Florida
- Collier County
- Naples
- 34104
- 2995 Terrace AVE









