Rare canal-front mid-century coastal opportunity in the highly desirable Naples Island. The property consists of two units and can be acquired as an owner-occupied residence while generating rental income from the second unit. A standout feature is the private 24-foot boat dock providing direct canal access, along with an integrated rooftop terrace with spa overlooking the canal, a rare amenity in the submarket. The asset offers both lifestyle and income potential and is well suited for an owner-user or investor seeking a unique waterfront opportunity with upside. The property is currently vacant, allowing for immediate occupancy or lease-up. 34 Rivo Alto features a single-family-home style layout with an integrated ground-level garage and direct interior access. The lower level includes one bedroom, one bathroom, and a bonus room suitable for an office or potential bedroom conversion. The upstairs primary bedroom overlooks the canal and has direct access to the rooftop terrace and spa, offering expansive outdoor living and water views. Unit B is a two-bedroom, one-bath unit with a private sun deck facing the alley, offering separation and privacy and making it well suited for rental income, guest use, or extended family occupancy. Architectural and design characteristics include large view-oriented window openings facing the canal, stacked living levels that separate public and private spaces, and deck and terrace areas integrated into the structure for waterfront enjoyment. A new owner has the opportunity to enhance and personalize this rare asset with upgrades and finishes to match their vision, creating either a dream waterfront home with income or a strong long-term investment.