Exceptional redevelopment opportunity in the heart of Naples! Situated on an oversized 0.31-acre lot, 1235 Diana Ave offers outstanding potential for new construction, expansion, or long-term investment. Located west of Airport-Pulling Rd in a highly desirable, central area—just minutes to Naples beaches, 5th Ave, Waterside Shops, Mercato, and top schools—this property is perfectly positioned for builders and investors seeking strong demand and high resale value. The existing single-family home has been remodeled, well-maintained, and is currently tenant-occupied with an excellent rental history, providing immediate income while you plan your development or future build. Whether you envision a new luxury residence, spec home, or long-term hold, this property offers the rare combination of location, land size, and flexibility. No HOA restrictions. Oversized fenced yard. Tremendous upside in one of Naples’ most sought-after neighborhoods. Showings by appointment only—do not disturb tenants.