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 See Remarks
Bedrooms 8
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 Na18 - N/O Rattlesnake To Davis
Zoning PUD
Direction East on Davis Blvd, Turn South on Kings Way, Left on Kings Lake Blvd, Right onto Santa Cruz Blvd
Interior
Heating Central Electric
Cooling Ceiling Fan(s),Central Electric
Flooring Tile,Vinyl
Window Features Single Hung
Exterior
Exterior Feature Sprinkler Auto
Fence Fenced
Pool In Ground
Community Features Internet Access,See Remarks,Non-Gated
Utilities Available Cable Available
Waterfront Description Lake Front
Roof Type Tile
Porch Deck,Patio
Private Pool Yes
Building
Lot Description 3 Lots
Faces East on Davis Blvd, Turn South on Kings Way, Left on Kings Lake Blvd, Right onto Santa Cruz Blvd
Sewer Central
Water Central
Architectural Style See Remarks
Structure Type Wood Frame,Stucco
New Construction No
Others
Tax ID 52951240006
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash