10919 Parnu ST, Naples, FL 34109

• 5 beds |
• 5 baths |
• 4,111 sqft

Property Description

This lakefront Naples property presents a rare value-add investment opportunity with fundamentals that are increasingly difficult to replicate. The main residence offers a highly desirable layout that buyers consistently praise for flow, livability, and indoor-outdoor connection. The opportunity lies not in reconfiguration, but in cosmetic modernization. In addition to the primary home, the property includes a separate garage structure with two independent rental living spaces, creating multiple income streams under one ownership. This feature alone sets the property apart from nearby comparables and significantly enhances long-term return potential. Positioned directly on the lake, the home offers a premium location advantage over neighboring properties that lack waterfront exposure. With an estimated $150,000 cosmetic renovation, this property can be re-positioned to compete at — or above — the current neighborhood ceiling while offering stronger income fundamentals. Renovation scope is straightforward and high-impact, with no structural changes and roof replaced last year. Ideal for investors, renovators, or buyers seeking a below-market entry into lakefront Naples with built-in income potential. Location & Lifestyle Set in a quiet neighborhood, this estate is ideally located: – 3 miles to the beach – Minutes to Mercato dining and shopping – Sidewalk access to Veterans Community Park with tennis, fields, and playgrounds – Zoned to a top-rated (9/10) public school district This property has never experienced flooding or storm damage, offering rare peace of mind. The large .77-acre lot ensures privacy and space, with no zero lot lines—just serene lakefront living.

Listing Status:

Active

Date Added:

June 27, 2024

Data Last Updated:

March 31, 2026 at 2:18PM

Listing Office:

All In One Realty Group : (239) 229-8897

Listing Agent:

Kerry Weber : (239) 229-8897

MLS ID:

224054965

Interior

• General: Built-in FeaturesBathtubTray Ceiling(s)Coffered Ceiling(s)Dual SinksEntrance FoyerFamily/Dining RoomFrench Door(s)/Atrium Door(s)High CeilingsJetted TubKitchen IslandLiving/Dining RoomMain Level PrimaryPantrySitting Area in PrimarySeparate ShowerWalk-In Closet(s)Window TreatmentsHome OfficeSplit BedroomsWorkshop
• Appliances: Built-In OvenDryerDishwasherElectric CooktopFreezerDisposalMicrowaveRangeRefrigeratorSelf Cleaning OvenWasher
• Laundry: InsideLaundry Tub
• Flooring: CarpetTile
• A/C: Central AirCeiling Fan(s)Electric
• Heating: CentralElectric

Exterior

• General: DeckFenceSprinkler/IrrigationNoneOutdoor GrillPatioWater FeatureGas GrillOutbuildingElectric HeatGuniteIn GroundScreened
• Style: RanchOne StorySee Remarks
• Other Structures: OutbuildingPorchBalconyDeckScreenedPatioLanaiOpen
• Pool: ConcreteElectric HeatHeatedIn GroundOutside Bath AccessPool EquipmentScreen EnclosurePool/Spa Combo
• Parking: AttachedCircular DrivewayDrivewayGarageGuestPavedGarage Door Opener

Construction

• Roofing: Shingle
• Windows: Single HungImpact GlassWindow Coverings
• General: BlockConcreteStucco1

Location

• HOA Amenities: 0.0
• Originating MLS: FGC_NAPLES
• County: Collier

Lot

• Zoning: SOUTHWIND EST LOT 17LESS S 110FT74510680001
• View: LakeView

Utilities

• Utilities: Cable AvailableHigh Speed Internet Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: FGC_NAPLES
• Ownership: Single Family