2708 Santa Cruz BLVD Active

Naples,FL 34112

$ 3750000

8 Beds

- Bath

4432 SqFt


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

Construction Status Resale

HOA Y/N No

Year Built 1985

Annual Tax Amount $12,601

Tax Year 2024

Lot Size 1.540 Acres

Acres 1.54

Lot Dimensions Appraiser

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

Community Kings Lake

Area Na18 - N/O Rattlesnake To Davis

Rooms

Bedroom Description NaN

Interior

Interior Features High Speed Internet

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile, Vinyl

Fireplace No

Window Features Single Hung

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

Water Access Desc Public

Roof Type Tile

Porch Deck,Patio

Garage No

Private Pool Yes

Building

Lot Description Multiple lots, Sprinklers Automatic

Dwelling Type Quadruplex

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Structure Type Stucco,Wood Frame

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No

Tax ID 52951240006

Acceptable Financing All Financing Considered,Cash

Listing Terms All Financing Considered,Cash

Pets Allowed Yes

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