Investors Dream: Prime multi-family lakefront development opportunity in Naples, Florida. This property comprises a total of 1.54 acres with existing zoning potential for 21 units APARTMENTS OR CONDOS! This is your chance to seize a golden opportunity in one of Naples most sought-after locations, just minutes to 5th Ave shopping and beaches. Nestled on a private road within Kings Lake, this unprecedented opportunity includes 3 parcels of land and 4 townhomes. Apart from the copious amount of undeveloped land, the townhomes present unique building design, with two floors, a private detached garage, a patio, and a private in ground pool. The two middle units feature an upper level balcony and a bonus loft area. The two end units feature a large portrait window and more patio space. All units offer two bedroom and two bathrooms, spacious kitchens, a laundry room, guest parking, open main living area that leads to each private patio. With a strong local rental market and property appreciation this expansive lot offers an unparalleled canvas for expansion and profit.
MLS# | 223067016 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Year | 1985 |
Days On Site | 422 |
Listing Provided By | Premier Sotheby's Int'l Realty | Debbie Schwartz |
Bed(s) | 9 |
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Bath(s) | 8 Total |
Pool | Yes |
Units | 4 |
Acreage | 1.54 |
Water Front | Yes |
State | FL |
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County | Collier |
City | NAPLES |
Zip Code | 34112 |
Area | Collier |
Listing VS Median (in 34112) | |
Price: $3,600,000 low | high Med: $298,500 On Site: 422 low | high Med: 59.500000 |