The Building

• Year Built:
  1985
• Construction:
  wood frame
• Building Design:
  Quadraplex
• Roof:
  tile
• Windows:
  single hung
• Exterior Finish:
  stucco
• Elevator:
  none
• Units in Building:
  4
• Unit Total SqFt:
  4432

Interior

• Flooring:
  tile, vinyl

Financial & Terms

• Potential Short Sale:
  No

Location

• Latitude:
  26.132676
• Longitude:
  -81.743508

The Property

• Property Type:
  Residential Income
• Property Information:
  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.
• Lot Description:
  3 lots
• Lot Unit:
  3.6
• Lot Back:
  429
• Lot Frontage (ft):
  499
• Lot Left:
  77
• Lot Right:
  139
• 1.5400
  Acres:
• Exterior Features:
  deck, fence, patio, auto sprinkler
• Sprinkler Source:
  Well
• Irrigation:
  Other
• Private Pool:
  Yes
• Private Pool:
  below ground
• Private Spa:
  No
• Boat Access:
  none
• Waterfront:
  Yes
• Waterfront Description:
  lake
• Gulf Access:
  No
• Source of Measure Lot Dimensions:
  Property Appraiser Office
• Source of Measurements:
  Property Appraiser Office

Listing Agent

Contact info:

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Agent phone:

(239) 302-8475

Office phone:

(239) 732-7837

Taxes

• Tax Year:
  2024
• Taxes:
  $12,601.97
• Taxes:
  county only
• Tax District Type:
  Not Applicable

Beds

• 8
  Total Bedrooms:

The Listing

• Flood Insurance:
  No

Heating & Cooling

• Heat:
  central electric
• Cooling:
  ceiling fans, central electric

Utilities

• Water:
  central
• Sewer:
  central
• Cable Available:
  Yes

Appliances

• Range:
  26

The Community

• Development:
  KINGS LAKE
• Development Name:
  KINGS LAKE
• Community Type:
  non-gated
• Amenities:
  internet access
• Pets:
  no approval needed