Nest Seekers

This 1. 08 Acre redevelopment site presents a unique opportunity to capitalize on the 350 million transformation underway in Naples, Florida.

NAPLES, FL 34112

Listing

Web ID:5778412
Website:https://www.nestseekers.com/5778412

Property

Ownership: Fee Simple
Type: Unknown
Lot Size: 1.1 Acres

Financials

Price:$3,700,000
Annual Taxes:$11,374

Description

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.

Amenities

  • Electricity Available
  • Water Connected

Location

NAPLES FL 34112 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of SVN COMMERCIAL ADVISORY GROUP
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