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This 12-acre property presents a rare opportunity for investors, developers, or end users seeking usable acreage close to downtown Naples and the airport. With Estate zoning (“E”) already in place, the land is ideal for creating five well-sized parcels or two large estate lots, each with ample room for car barns, warehouse-style storage, hobby shops, RV or boat garages, and other “toy-friendly” outbuildings.
The setting is quiet and private, making it an excellent fit for a small, exclusive estate community or for buyers looking to build expansive compounds with both lifestyle and functional space. Existing improvements include a 1980 A. Vernon Allen–built home, along with a tennis house and court positioned around a pond and footbridge. These structures can remain or be removed depending on the desired direction of the project.
With its size, zoning, and prime location, the property is straightforward to plan and develop - whether the vision is five premium homesites, two signature estates, or another low-density concept. Higher-density possibilities also exist under current zoning, offering added flexibility for future strategies.
A true acreage rarity in Naples, offering multiple clear paths for value creation - practical, flexible, and ready for its next chapter.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,996,000 | $5,996,000 | $5,996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.133% | 6.058% |
| Monthly Tax Payment | $2,090 | $2,090 | $2,090 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $34,516 | $35,949 | $50,194 |
| Total Monthly Payment | $36,731 | $38,164 | $52,409 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.