410, 440, 460 4th Ave S
Multifamily | 22 Units
Marketing description
Property is subject to a parking lot easement requiring lot to maintain 82 parking spaces onsite to service adjacent commercial properties. PD approved for a 22-unit residential building with a 161-space maximum parking garage.
Exceptional opportunity to acquire vacant land in the heart of Downtown Naples. With strong demand for luxury urban living and limited available development sites in the downtown area, this location presents a compelling opportunity for a high-end residential project.
Strong demand for luxury residential product driven by Naples' affluent demographics, population growth, and continued migration to Southwest Florida.
High-barrier coastal market with limited available development sites, supporting long term residential value and premium rental or condo pricing.
Investment highlights
- Property is subject to a parking lot easement requiring lot to maintain 82 parking spaces onsite to service adjacent commercial properties. PD approved for a 22-unit residential building with a 161-space maximum parking garage.
- Exceptional opportunity to acquire vacant land in the heart of Downtown Naples. With strong demand for luxury urban living and limited available development sites in the downtown area, this location presents a compelling opportunity for a high-end residential project.
- Strong demand for luxury residential product driven by Naples' affluent demographics, population growth, and continued migration to Southwest Florida.
- High-barrier coastal market with limited available development sites, supporting long term residential value and premium rental or condo pricing.
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