4120 3rd AVE NW, NAPLES, FL 34119 (MLS # 226017010)

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View Virtual Tour PRICE $3,800,000 BEDS 6 BATHS 5 HOME SIZE 4,300 sqft LOT SIZE 2.73 ac Request More Info Schedule a Showing

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.