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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
1.08 acres
This 1.08 +/- Acre redevelopment site presents a unique opportunity to capitalize on the $350 million transformation underway in Naples, Florida.* Ideally positioned within East Naples, just minutes from 5th Avenue upscale shopping & dining district (Old Naples), the site will be surrounded by an emerging collection of luxury resorts and residential high-rises, including the JW Marriott Resort & Spa, Avra at Metropolitan Naples, Ascent at Metropolitan Naples, and the Halcyon Residences and Marina. The highly affluent surrounding area includes nearly 100,000 residents within a 5-mile radius, with an average household income exceeding $120,000 annually. This strong demographic profile continues to support a thriving retail environment and rapidly growing downtown district. Located just minutes from Naples’ renowned beaches, the site is well-positioned to serve both residents and visitors alike. Strategically situated just off the signalized intersection of Tamiami Trail (US-41) and Palm Street, the property benefits from excellent visibility and traffic counts of approximately 35,500 vehicles per day. The site currently consists of two parcels separated by a county-owned un-improved access ROW, which could potentially be vacated to create a contiguous 1.1+/-acre development opportunity. The site currently consists of a split residential and mixed-use zoning with potential for a unified mixed use zoning. This would allow for a wide range of development options, including luxury condominiums, a boutique hotel, or a high-end mixed-use project incorporating residential, office, and retail components. This offering presents a compelling opportunity to deliver a premier development in one of Naples’ fastest-growing corridors.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.08
-
Property Type
Land
Price
-
Sales Price
$3,950,000
-
Tax Amount
$11,374
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
8
-
Water Source
Public
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Location
County
Collier
Elementary School
Middle School
High School
Listing Courtesy of Tony Veldkamp, CCIM , SVN COMMERCIAL ADVISORY GROUP
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Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
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