An exceptional opportunity in one of Naples' most sought-after locations, 156 4th Street presents a compelling canvas for first-time home buyers, investors, renovators, or anyone seeking value, flexibility, and long-term upside. This 2-bedroom residence with a versatile den and 1 bathroom is being offered AS-IS, providing a rare chance to reimagine or enhance a property in an established Naples neighborhood with strong rental, resale demand, NO HOA and low taxes. The functional layout allows for multiple configurations, whether maximizing rental income, creating a seasonal retreat, or planning a thoughtful renovation to elevate future returns. A key advantage of this property is the assumable flood insurance policy, offering added convenience and potential cost savings for the next owner. The home has a history of rental use, and previous rental income information is available upon request, making this an attractive option for buyers focused on cash flow, short-term rental potential, or long-term appreciation. Ideally positioned near Naples' renowned dining, shopping, beaches, and lifestyle amenities, 156 4th Street combines location, opportunity, and investment appeal-an increasingly rare find in today's Naples real estate market. Whether you're seeking your next income-producing property or a value-driven project in a prime coastal setting, this offering delivers exceptional potential.