$3,750,000
bedrooms
8
bathrooms
0
square feet
0
Acreage
1.54
Open Houses
-
year built
1985
Full Baths
0
Half Baths
0
An UNPRECEDENTED OPPORTUNITY for investment in Naples, FL. 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.
Location | |
Subdivision | KINGS LAKE |
County | Collier |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 225016920
Listing agent:
Josh Amolsch, Llc
Listing broker:
Premiere Plus Realty, Co.
(239) 732-7837
Copyright © 2025 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, February 13 2025 at 1:55 p.m. EST
Kotohomes National