2708 Santa Cruz BLVD, Naples, FL, 34112

8 beds
1985
See Remarks
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.
Status:
Active
Type:
Residential Income
Buildling Design:
Quadraplex
Units:
4
Zoning:
PUD
Subdivision:
KINGS LAKE
Development:
KINGS LAKE
Heating:
Central Electric
Cooling:
Ceiling Fans, Central Electric
Acreage:
1.54
Est. Taxes:
$12,602
Lot Description:
3 Lots
Community Type:
Non-Gated
Amenities:
Internet Access, See Remarks
Waterfront:
Yes
Boat Access:
None
Days on Market:
52
Pet Policy:
No Approval Needed
Pool:
Yes
MLS #:
225016920
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Listing courtesy of Premiere Plus Realty Company Phone: 239-732-7837