2708 Santa Cruz Blvd Naples, FL 34112
East Naples NeighborhoodEstimated payment $17,653/month
Highlights
- Lake Front
- 1.54 Acre Lot
- Patio
- In Ground Pool
- Deck
- Tile Flooring
About This Home
HOT, HOT, HOT development opportunity! This combined 1.54 ac package on Santa Cruz Blvd in Kings Lake is an investor's utopia. With existing annual leases on the high-demand existing 4 units, 25 total units are approved with Collier County for these parcels. That will wrap up Kings Lake allowable units.
Anticipate leasing the new units before they are even built. Proximity to 5th Ave, Naples beaches, freeway access and ancillary shopping entitles Kings Lake to be one of Naples most coveted neighborhoods. Secluded and walkable, this desirable private setting is ideal and provides all the things residents of Naples, FL desire. In addition to the precious vacant land, this package contains 4 unique and inspiring 2BD | 2BA townhomes over 2 floor plans, 2 with dens, and all include private detached garages! Secluded patios for each unit spill out into the beautifully landscaped and maintained yard with views of the lake and private pool. Second level lanai for the inside 2 units as well as an extra loft space for added breathing room. Wonderful tenants, strong rents and a thriving rental market set up a clear winning combination for success. Water retention can be placed under parking lots to maximize parking. All contemplated units fit on the parcels with ingress/egress drawn for fire. Lots of work done on planning so far makes this a slam dunk for buy & hold investors. Don't sleep on this.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,602
Year Built
- Built in 1985
Lot Details
- 1.54 Acre Lot
- 499 Ft Wide Lot
- Lake Front
- Fenced
Home Design
- Quadruplex
- Wood Frame Construction
- Stucco
- Tile
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Outdoor Features
- In Ground Pool
- Deck
- Patio
Utilities
- Central Air
- Heating Available
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 52951240006
- Tax Block B
Community Details
Overview
- 4 Units
- Kings Lake Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,820 | $246,967 | -- | $246,967 |
| 2024 | $2,801 | $252,102 | -- | $252,102 |
| 2023 | $2,801 | $244,994 | $0 | $244,994 |
| 2022 | $2,722 | $224,907 | $0 | $224,907 |
| 2021 | $2,179 | $169,050 | $0 | $169,050 |
| 2020 | $2,098 | $163,915 | $0 | $163,915 |
| 2019 | $2,100 | $162,626 | $0 | $0 |
| 2018 | $1,998 | $147,842 | $0 | $0 |
| 2017 | $1,770 | $134,402 | $0 | $134,402 |
| 2016 | $1,688 | $128,240 | $0 | $0 |
| 2015 | $1,648 | $123,105 | $0 | $0 |
| 2014 | $1,598 | $117,970 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $3,150,000 | -8.7% | $711 / Sq Ft |
| 08/23/2025 08/23/25 | Off Market | $3,450,000 | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $3,450,000 | 0.0% | $778 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $3,450,000 | -8.0% | $778 / Sq Ft |
| 02/13/2025 02/13/25 | For Sale | $3,750,000 | -- | $846 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Attorney | |
| Warranty Deed | $150,000 | Attorney | |
| Warranty Deed | $105,000 | -- | |
| Warranty Deed | $95,000 | -- |
Source: Naples Area Board of REALTORS®
MLS Number: 225016920
APN: 52951240006
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