2708 Santa Cruz Boulevard
Naples, FL 34112
- 8 beds
- – baths
- 4,432 sqft
- ~2 acre lot
- $846 per sqft
- 1985 build
- – on site
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.
Last checked:
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Last updated Mar 4, 2025
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MLS# 225016920 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1985
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Construction Materials:Stucco,WoodFrame
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Building Area Total:4432.0
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Architectural Style:SeeRemarks
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Roof:Tile
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Exterior Features:Deck,Fence,SprinklerIrrigation,Patio
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Window Features:SingleHung
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Patio And Porch Features:Deck,Patio
Interior
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Interior Features:HighSpeedInternet
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Flooring:Tile,Vinyl
Financial & Terms
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Possession:CloseOfEscrow
Location
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Directions:East on Davis Blvd, Turn South on Kings Way, Left on Kings Lake Blvd, Right onto Santa Cruz Blvd
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Latitude:26.132676
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Longitude:-81.743508
The Property
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:Resale
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Lot Features:MultipleLots,SprinklersAutomatic
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Lot Size Acres:1.54
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Lot Size Area:1.54
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Lot Size Units:Acres
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Lot Size Source:Appraiser
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Lot Size Dimensions:499 x 77 x 429 x 139
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Lot Dimensions Source:Appraiser
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Zoning Description:PUD
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Parcel Number:52951240006
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Structure Type:Quadruplex
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Waterfront:true
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Waterfront Features:Lake
Listing Agent
- Contact info:
- Agent phone:
- (239) 302-8475
- Office phone:
- (239) 732-7837
Taxes
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Tax Year:2024
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Tax Lot:3.6
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Tax Legal Description:REPLAT OF PARTS OF KINGS LAKE A PORT BLK B REF AS: LAKES VILLAGE TOWNHOUSE #5 (HO) AS DESC IN OR 2197 PG 1933
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Tax Annual Amount:12601.97
Beds
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Total Bedrooms:8
Heating & Cooling
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Heating:Central,Electric
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Heating:true
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Cooling:CentralAir,CeilingFans,Electric
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:KINGS LAKE
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Community Features:NonGated
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Association Amenities:SeeRemarks
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Spa:false
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Pool Features:InGround
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Pool Private:true
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Pets Allowed:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
