2708-2714 Santa Cruz Boulevard, Naples, FL 34112

$2,650,000
8
BD
8
BA
4,432
SqFt

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List Price
$2,650,000
Status
ACTIVE
Days on Market
2
MLS#
2026035039
Subtype
Residential Income
Style
Two Story
Architectural Style
Two Story
Year Built
1985
Bedrooms
8
Bathrooms
8
Full Baths
8
Living Area
4,432
Acres
1.54
Subdivision
Kings Lake
Neighborhood
Kings Lake
MLS Area Major
NA18 - N/O Rattlesnake to Davis

Property Description

Rare Kings Lake offering combining immediate rental income with documented additional development potential. Seven-parcel, 1.54± acre assemblage: a fully occupied four-unit townhome building (four separately deeded fee-simple residences under one roof), a separately deeded common-area parcel with private heated saltwater pool, and two adjoining vacant development parcels. Listing includes PID #'s - 52951440000, 52951200004, 52951160005, 52951240006, 52951280008, 52951320007, 52951360009. The four residences — 8 BR / 8 BA plus 2 dens, 4,432± SF combined — feature private detached garages, secluded patios, second-level lanais on the inside units, impact-rated windows, and beautifully landscaped, lake-oriented grounds. 100% occupied on annual leases with $120,240 in annualized scheduled rent and strong tenant history. Seller has obtained a Collier County Zoning Verification Letter documenting the property’s development history and the potential for additional multifamily development on the two vacant parcels, subject to applicable requirements and county approvals. Professional boundary survey, engineering documents, concept plans, and the Zoning Verification Letter are available, with additional operating information provided to qualified purchasers. Minutes to Fifth Avenue South, downtown Naples, and Gulf beaches. Offered as a complete assemblage; list price reflects the entire seven-parcel portfolio. Well suited to investors, developers, builders, family offices, and 1031 exchange buyers. All information deemed reliable but not guaranteed; buyers to verify.

Additional Information

Amenities
See Remarks, Sidewalks, Trail(s)
Exterior Features
Courtyard, Sprinkler/Irrigation, Patio
Taxes
$13,554
Property Description
Two Story
Zoning
PUD
Flooring
Tile, Wood
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Exterior Construction
Stucco, Wood Frame
Stories
2
Roof
Tile
Pool
Yes
Pool Type
In Ground, Salt Water

Listing Courtesy of Sand Dollar Realty Group Inc

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