2708 Santa Cruz Blvd, NAPLES, FL

$3,150,000

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8

Beds

1.54

Acres

About 2708 Santa Cruz Blvd

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.

Features of 2708 Santa Cruz Blvd

MLS® # 225016920
Price $3,150,000
Bedrooms 8
Bathrooms 0.00
Acres 1.54
Year Built 1985
Type Residential Income
Sub-Type Quadruplex
Status Active
Building Design Quadraplex

Community Information

Address 2708 Santa Cruz Blvd
Area NA18 - N/O Rattlesnake to Davis
Subdivision KINGS LAKE
City NAPLES
County Collier
State FL
Zip Code 34112

Amenities

Amenities Internet Access, See Remarks
Is Waterfront Yes
Waterfront Lake
Has Pool Yes
Pool Below Ground

Interior

Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Fireplace No

Exterior

Exterior Wood Frame, Stucco
Roof Tile
Construction Wood Frame, Stucco

Additional Information

Days on Market 245
Zoning PUD
Foreclosure No
Short Sale No

Listing Details

OfficePremiere Plus Realty Company

Listing Map

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