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2708 Santa Cruz, Naples, FL 34112

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For Sale

$3,450,000

8 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 31-40 Years Old
    Age

Explore this Property

HOT, HOT, HOT development opportunity! 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.
MLS# 225016920

Courtesy Of Premiere Plus Realty, Co.

(239) 732-7837

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Deck, Patio, Water Front
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Tile, Vinyl
  • Lot Size
    1.54 Acres
  • Roof Type
    Tile

Map and Directions

Directions to 2708 Santa Cruz, Naples, FL 34112

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CENTURY 21 Selling Paradise

(239) 542-5777
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Copyright © 2025 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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