Myrtle Terrace Naples Homes for Sale

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.

Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Website: https://www.realtyofnaples.com

Bio: 

Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.

In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.

Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.

Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

CONTACT / REQUEST APPOINTMENT:

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This property is courtesy of Hovland Realty, LLC.

*Just Listed: new properties that came on the market within the last 30 days.
*Decrease/Increase: listing values that are being recorded within the last 30 days.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

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