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$1,400,000
Est. payment /mo
1.73 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Myrtle Cove Acres
MLS Listing ID 226017782
HOA Y/N No
Annual Tax Amount $5,565
Tax Year 2025
Lot Size 1.730 Acres
Acres 1.73
Source Naples
Property Description
One or more photo(s) has been virtually staged, AI generated or rendered. MULTIFAMILY DEVELOPMENT OPPORTUNITY | RMF-6 ZONING | 1.73 ACRES
5202 Cypress Lane, Naples, FL
Strategic opportunity to acquire or partner in a multifamily development project within one of Naples' strongest growth corridors. Zoned RMF-6, this 1.73 -acre site supports low-density multifamily development, with a planned concept for five modern, two-story residential buildings.
The project is conceptually designed, featuring contemporary architecture with clean lines, flat roof profiles, expansive windows, and integrated garage elements, aligning with current rental and resale demand. Preliminary design work is complete, allowing a developer or investor to enter the project with forward momentum.
Investment Structure Flexibility:
* Joint venture opportunity – current partners are open to aligning with a capital partner to advance the project.
* Acquire and develop independently, utilizing the existing concept and groundwork.
* Reposition or redesign to maximize density, layout, or end-use strategy.
This presents an opportunity to enter at the early stage of a planned development, where strategic capital and execution can unlock significant value through construction, lease-up, or resale. The existing groundwork offers accelerated timelines and reduced upfront planning risk.
Location Advantages:
Well-positioned within Naples, offering proximity to:
* Downtown Naples (5th Avenue South & 3rd Street South)
* Gulf beaches and lifestyle amenities
* Major roadways supporting commuter and tenant accessibility
* Expanding residential areas are driving sustained housing demand
Strong market fundamentals support multifamily absorption, rental growth, and long-term appreciation, making this a compelling opportunity for developers, builders, and investment groups seeking scalable returns in a supply-constrained market.
5202 Cypress Lane, Naples, FL
Strategic opportunity to acquire or partner in a multifamily development project within one of Naples' strongest growth corridors. Zoned RMF-6, this 1.73 -acre site supports low-density multifamily development, with a planned concept for five modern, two-story residential buildings.
The project is conceptually designed, featuring contemporary architecture with clean lines, flat roof profiles, expansive windows, and integrated garage elements, aligning with current rental and resale demand. Preliminary design work is complete, allowing a developer or investor to enter the project with forward momentum.
Investment Structure Flexibility:
* Joint venture opportunity – current partners are open to aligning with a capital partner to advance the project.
* Acquire and develop independently, utilizing the existing concept and groundwork.
* Reposition or redesign to maximize density, layout, or end-use strategy.
This presents an opportunity to enter at the early stage of a planned development, where strategic capital and execution can unlock significant value through construction, lease-up, or resale. The existing groundwork offers accelerated timelines and reduced upfront planning risk.
Location Advantages:
Well-positioned within Naples, offering proximity to:
* Downtown Naples (5th Avenue South & 3rd Street South)
* Gulf beaches and lifestyle amenities
* Major roadways supporting commuter and tenant accessibility
* Expanding residential areas are driving sustained housing demand
Strong market fundamentals support multifamily absorption, rental growth, and long-term appreciation, making this a compelling opportunity for developers, builders, and investment groups seeking scalable returns in a supply-constrained market.
Location
State FL
County Collier
Community Non-Gated
Area Myrtle Cove Acres
Zoning RMF-6
Interior
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront Description Canal Front
View Y/N Yes
View Canal, Water, Trees/Woods
Present Use 03-Multi-Family-10 Units Or More
Street Surface Paved
Garage No
Building
Lot Description Cul-De-Sac, Oversize
Water Central
New Construction No
Others
Senior Community No
Tax ID 60782320006
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Listed by Waterfront Realty Group Inc • Devin Henderson
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