A rare opportunity to own a piece of paradise in the heart of downtown Old Naples. Just steps from the iconic 5th Avenue and a short stroll to the pristine beaches of the Gulf of Mexico, this charming Old Florida cottage is perfectly situated on a .23-acre corner lot with rear alley access. Zoned R3-12, the property offers the unique potential to build two attached dwellings or a single, expansive residence. This delightful two-bedroom, two-bath cottage boasts a quaint front porch, a private rear patio, a separate art studio, and a small storage shed. The existing structure can be extended to create your dream home in one of Naples' most sought-after neighborhoods. Elevated to meet current FEMA standards, this home was unaffected by Hurricane Ian’s rising waters, ensuring peace of mind. Embrace the quintessential Naples lifestyle in this enchanting cottage, where charm and endless possibilities await. Architectural rendition possibilities are available upon request.