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
Subdivision Kings Lake
MLS Listing ID 225016920
Style Resale Property
Bedrooms 8
HOA Y/N Yes
Originating Board Naples
Year Built 1985
Annual Tax Amount $12,601
Tax Year 2024
Lot Size 1.540 Acres
Acres 1.54
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Collier
Area Kings Lake
Zoning PUD
Interior
Heating Central Electric
Flooring Tile,Vinyl
Fireplace No
Heat Source Central Electric
Exterior
Fence Fenced
Pool Below Ground
Amenities Available Internet Access,See Remarks
Waterfront Description Lake
Roof Type Tile
Porch Deck,Patio
Garage No
Private Pool Yes
Building
Water Central
Architectural Style Quadraplex
Structure Type Wood Frame,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 52951240006