$3,750,000
 $20,131 est/mo Sourced by Back At You

2708 Santa Cruz Blvd,Naples, FL 34112

Naples, FL 34112

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Description

HOT, HOT, HOT development opportunity! This combined 1.54 ac package on Santa Cruz Blvd in Kings Lake is an investor's utopia. With existing annual leases on the high-demand existing 4 units, 25 total units are approved with Collier County for these parcels. That will wrap up Kings Lake allowable units. Anticipate leasing the new units before they are even built. Proximity to 5th Ave, Naples beaches, freeway access and ancillary shopping entitles Kings Lake to be one of Naples most coveted neighborhoods. Secluded and walkable, this desirable private setting is ideal and provides all the things residents of Naples, FL desire. In addition to the precious vacant land, this package contains 4 unique and inspiring 2BD | 2BA townhomes over 2 floor plans, 2 with dens, and all include private detached garages! Secluded patios for each unit spill out into the beautifully landscaped and maintained yard with views of the lake and private pool. Second level lanai for the inside 2 units as well as an extra loft space for added breathing room. Wonderful tenants, strong rents and a thriving rental market set up a clear winning combination for success. Water retention can be placed under parking lots to maximize parking. All contemplated units fit on the parcels with ingress/egress drawn for fire. Lots of work done on planning so far makes this a slam dunk for buy & hold investors. Don't sleep on this.

Details

MLS#225016920
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1985
Days On Site75
Listing Provided ByPremiere Plus Realty Company | Josh Amolsch, LLC

Features

Bed(s)8
SQ Feet4,432
PoolYes
Units4
ZoningPUD
Acreage1.54
Water FrontYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Royal Palm Coast Realtor Association ®.

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Learn More About This Property

StateFL
CountyCollier
CityNaples
Zip Code34112
AreaNA18 N | O Rattlesnake to Davis
Community NameKINGS LAKE
Listing VS Median (in KINGS LAKE)
Price:
$3,750,000
low | high
Med:
$644,000
100% of Average
SqFt:
4,432
low | high
Med:
1,960
100% of Average
$ / SqFt:
$846
low | high
Med:
$329
100% of Average
On site:
75
low | high
Med:
36.000000
100% of Average
Sourced by Back At You
Listing Updated: April 25, 2025 at 12:35:04 PM PDT
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