Exclusive naples development opportunity offering significant potential for investors and developers. This property presents three distinct development opportunities: an eight-unit multifamily project, a ten-unit townhouse project, and the potential subdivision into four luxury single-family residential lots. A unique opportunity to acquire the property and pursue multiple development concepts within one strategically positioned site. This offering presents a unique development opportunity combining the underlying real property with multiple potential development concepts. The proposed opportunities include an eight (8)-unit multifamily project, a ten (10)-unit townhouse project, and the potential subdivision of the property into four (4) luxury single-family residential lots. The property offers flexibility for developers and investors to evaluate and pursue the development concept that best aligns with their investment strategy. Buyer to conduct independent due diligence regarding zoning, land use, entitlements, permitting, development requirements, and feasibility.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Parkside Elementary School | 5322 TEXAS AVE | public | 608 | PK - 5 | 0.85 mi |
| Lely Elementary School | 8125 LELY CULTURAL PKWY | public | 499 | PK - 5 | 2.02 mi |
| Manatee Elementary School | 1880 MANATEE RD | public | 584 | PK - 5 | 2.79 mi |
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