2708 Santa Cruz BLVD Active Save Request In-Person Tour Request Virtual Tour
Naples,FL 34112
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,432 sqft
Price per Sqft $846
Subdivision Kings Lake
MLS Listing ID 225016920
Style See Remarks
Bedrooms 8
Year Built 1985
Annual Tax Amount $12,601
Tax Year 2024
Lot Size 1.540 Acres
Property Sub-Type Quadruplex
Property 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.
Location
State FL
County Collier
Community Kings Lake
Area Na18 - N/O Rattlesnake To Davis
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Tile, Vinyl
Exterior
Exterior Feature Deck, Fence, Sprinkler/ Irrigation, Patio
Pool In Ground
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available See Remarks
Waterfront Description Lake
Roof Type Tile
Building
Lot Description Multiple lots, Sprinklers Automatic
Dwelling Type Quadruplex
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
Others
Acceptable Financing All Financing Considered,Cash
Listing Terms All Financing Considered,Cash
Pets Allowed Yes