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***Premier Residential Development Opportunity in the Heart of Naples***
Positioned within one of Naples’ most sought-after growth corridors, this exceptional ±6-acre development site offers a rare opportunity to create a boutique luxury residential community in one of Southwest Florida’s most desirable locations. Ideally situated just one mile from the Gulf beaches, east of U. S. Route 41 and north of Golden Gate Parkway, the property combines outstanding accessibility with exceptional long-term development potential.
Approved for up to 38 residential units, the site is ideally suited for luxury townhomes, villas, or an exclusive low-density condominium enclave. Strong demand for well-located new construction, coupled with limited available inventory in this segment, creates an attractive environment for residential development within one of Florida’s most affluent and resilient markets.
Future residents will enjoy convenient access to the very best of Naples, including world-renowned Gulf beaches, the vibrant downtown district, upscale shopping and dining destinations, premier golf and country clubs, and a wealth of cultural and recreational amenities. The property also benefits from proximity to major employment centers, healthcare facilities, and key transportation corridors, further enhancing its desirability and long-term value.
Offered at $28, 500, 000, this is a unique opportunity to acquire a strategically located development parcel with valuable residential entitlements in an increasingly supply-constrained market. The offering is based solely on the land and its development potential; existing improvements are expected to be removed to facilitate future multifamily residential construction by the purchaser.
This is a rare chance to secure a premier infill development site in the heart of Naples, where location, entitlement value, and market fundamentals align to create an exceptional investment opportunity.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$28,500,000
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 | $22,800,000 | $22,800,000 | $22,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $133,055 | $136,698 | $192,399 |
| Total Monthly Payment | $133,180 | $136,823 | $192,524 |
* 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.