Description
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 change 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.
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9BEDS
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1.54ACRES
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8BATHS
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01/2 BATHS
School Ratings & Info
Description
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 change 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.
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than REMAX Affinity Plus are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Data last updated 2023-09-28T18:32:22.95. Some properties that appear for sale on this website may no longer be available. For the most current information, contact REMAX Affinity Plus, 239-241-1265, bouncedemail@boomtownroi.com. Licensed in the State of Florida.
Listing courtesy of Premier Sotheby's Int'l Realty: 239-434-2424.