840 Myrtle TER, Naples, FL, 34103 | $1,499,900

LOWEST PRICED SINGLE FAMILY HOME ON WEST SIDE OF 41!! ZONED COMMERCIAL AND RESIDENTIAL: RUN YOUR BUSINESS OUT OF YOUR HOME! Fully equipped in house SALON- PERFECT for local hairstylists with possible TRANSFERABLE clientele!!! YOUR NAPLES BEACH COTTAGE AWAITS- no flood zone, no HOA, no restrictions! Perfectly positioned within walking distance to the beach and Waterside Shops, and just a 5-minute drive to 5th Avenue, this stunning 3-bedroom, 3-bathroom home offers nearly 2, 000 sq ft of exquisitely designed living space. Nestled on a quiet street with no road noise, in a no-flood zone, and with no rental restrictions, this home is a rare find. Step inside to discover a home filled with high-end custom upgrades and coastal elegance. Soaring 25-foot high cathedral ceilings wrapped in tongue-and-groove Cypress wood create a dramatic yet inviting atmosphere, while custom millwork, including shiplap accent walls and designer trim, adds warmth and character throughout. Every detail has been meticulously curated—from custom antique and designer lighting fixtures to vintage-inspired elements like a mango wood bar with handcrafted brackets, and a Café appliance suite including an induction stove and Keurig coffee maker built into the fridge. The primary suite is a sanctuary, featuring a custom-built shiplap accent wall with an electric fireplace, an oversized 8x11 walk-in closet, and a luxurious en-suite bath with custom cabinetry and a statement chandelier. The guest bedrooms share a beautifully designed Jack-and-Jill bathroom with high-end finishes and emergency walkout windows for peace of mind. A full-size powder room features a custom walk-in shower and vanity, elevating both style and functionality.
Outside, the magic continues. Custom herringbone pavers flow throughout the property, from the carport to the front and side of the house, leading to a charming backyard retreat complete with a fireplace patio and full fenced in backyard with room for a pool. Lush landscaping and plants, maintained by an underground irrigation system, surrounds the home, offering a peaceful and private outdoor oasis. Built to last, the home features a metal roof, hurricane-rated impact windows/doors and an energy-efficient insulated roof system engineered to withstand up to 200 MPH winds. A unique highlight of this home is the private salon/studio space, offering a separate entrance, full bath, and built-in sink—perfect for a hairstylist, esthetician, or creative professional. With an established transferable clientele of over 80 people, this space is an incredible income-generating opportunity or a versatile private retreat away from the main living area. Furnishings are negotiable. This home is a rare combination of luxury, functionality, and prime location—whether you’re looking for a full-time residence, an investment property with rental flexibility, or the perfect live-work opportunity. Experience the best of Naples living in a home that is truly unlike any other.

Features

  • Amenities: None
  • Bedrooms: 3
  • Baths: 3 full
  • Style: 1 Story/Ranch
  • Development: MYRTLE TERRACE
  • Year Built: 1959
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 1,838
  • Acreage: 0.15
  • Est. Taxes: $6,416
  • Lot Desc: Regular
  • View: Privacy Wall
  • Community Type: No Subdivision,Non-Gated
  • Pet Policy: No Approval Needed
  • MLS#: 225018307
  • Website: https://www.raveis.com
    /eprop/225018307/840myrtleter_naples_fl?source=qrflyer
Copyright © 2025  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Hovland Realty, LLC

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

840 Myrtle TER, Naples, FL, 34103

$1,499,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,199,920 $1,199,920 $1,199,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.911% 6.739% 6.686%
Monthly Tax Payment $535 $535 $535
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,388 $7,683 $10,453
Total Monthly Payment $8,048 $8,343 $11,113

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.