Just 5 houses from the beach, this 150 x 100 corner lot with alley access located in the X500 flood zone provides the perfect palate on which to create your Olde Naples dream home or this classic Olde Naples home could become your family compound for generations to come. Extensively renovated in 2005 and with a 3rd floor private guest suite added in 2011, it provides 5 bedroom suites all with direct bath access on 3 floors. The spacious 1st floor Primary bedroom is a private sanctuary with lux bath and direct access to the beautiful lushly landscaped pool and patio area. The 2nd floor features 2 large bedrooms with/ baths and a sitting area, the 3rd floor suite has access to a large tiled sundeck. Seeking the shade, move to the Tiki Hut adjacent to the family sized pool and deck. Privacy abounds within the mature landscaped property. The white island kitchen with premium appliances including gas range is open to the family room and dining area. Relax in the cozy living room with fireplace and access to cool breezes on the screened porch, later enjoy cocktails in the nearby den with built-ins and wet bar w/ ice maker. This home also has a strong rental history.