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.
Property Type
ResidentialIncomeSubdivision
Kings LakeCounty
CollierStyle
SeeRemarksAD ID
50204671
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Property Details
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Interior Features
Interior Features
- HighSpeedInternet
- Roof: Tile
Roofing Information
- Tile
Flooring Information
- Tile,Vinyl
Heating & Cooling
- Heating: Central,Electric
- Cooling: CentralAir,CeilingFans,Electric
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Exterior Features
Building Information
- Year Built: 1985
Exterior Features
- Deck,Fence,SprinklerIrrigation,Patio
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Property / Lot Details
Lot Information
- Lot Dimensions: 499 x 77 x 429 x 139
- Lot Description: MultipleLots,SprinklersAutomatic
- Main Square Feet: 1.54
Property Information
- Subdivision: KINGS LAKE
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Listing Information
Listing Price Information
- Original List Price: $3750000
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Taxes / Assessments
Tax Information
- Annual Tax: $12601.97
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School, Utilities & Location Details
Utility Information
- CableAvailable
Location Information
- Direction: East on Davis Blvd, Turn South on Kings Way, Left on Kings Lake Blvd, Right onto Santa Cruz Blvd
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BuyOwner last updated this listing 06/21/2025 @ 12:53
- MLS: 225016920
- LISTING PROVIDED COURTESY OF: Josh Amolsch, Premiere Plus Realty Company
- SOURCE: SWFL
is a Home, with 8 bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. are nearby neighborhoods.