Redevelopment Opportunity in Prime Downtown Naples
Retail | 1.74% CAP
Marketing description
Strategically positioned in the heart of Olde Naples, this rare property offers investors and developers an unmatched opportunity to create a legacy project in one of Florida’s most affluent and fastest-growing markets. 382 9th Street South sits just two blocks from Naples’ iconic 5th Avenue South, surrounded by high-end dining, boutique retail, galleries, and top-tier resorts.
Ideal Uses - Zoning: D – Downtown (Mixed Use/Commercial/Residential)
Luxury Condominiums or Townhomes
Mixed-Use Residential over Retail
Boutique Hotel or Short-Term Rental Property
Class-A Office/Retail Redevelopment
Investment highlights
With limited available land and strong buyer/investor demand in downtown Naples, this parcel presents an excellent opportunity to capitalize on the city’s premium real estate market. The flexible zoning, irreplaceable location, and high-end surroundings make this a premier redevelopment site.
Zoning: D – Downtown (Mixed Use/Commercial/Residential)
Lot Size: Approx. 100’ x 100’ (0.23 acres)
Location: 2 blocks to 5th Ave South, walking distance to Cambier Park and Naples Beach
Existing Improvements: Single-story structure (potential for redevelopment or repositioning) aprox 40,000+ sf building - one lease in place for the next four years with annual increases.
Surrounded by luxury retail, dining, and affluent residential neighborhoods
Strong demographic profile and consistent demand for high-end development in the area
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