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2708 Santa Cruz Boulevard #B3

Naples, FL 34112
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Bed 8

Bed

Bath 8

Bath

Acres1.54

Acres(Lot)

Rare Kings Lake offering combining immediate rental income with documented additional development potential. Seven-parcel, 1.54± acre assemblage: a fully occupied four-unit townhome building (four separately deeded fee-simple residences under one roof), a separately deeded common-area parcel with private heated saltwater pool, and two adjoining vacant development parcels. Rare Kings Lake offering combining immediate rental income with documented additional development potential. Seven-parcel, 1.54± acre assemblage: a fully occupied four-unit townhome building (four separately deeded fee-simple residences under one roof), a separately deeded common-area parcel with private heated saltwater pool, and two adjoining vacant development parcels. The four residences — 8 BR / 8 BA plus 2 dens, 4, 432± SF combined — feature private detached garages, secluded patios, second-level lanais on the inside units, impact-rated windows, and beautifully landscaped, lake-oriented grounds. 100% occupied on annual leases with $120,240 in annualized scheduled rent and strong tenant history. Seller has obtained a Collier County Zoning Verification Letter documenting the property’s development history and the potential for additional multifamily development on the two vacant parcels, subject to applicable requirements and county approvals. Professional boundary survey, engineering documents, concept plans, and the Zoning Verification Letter are available, with additional operating information provided to qualified purchasers. Minutes to Fifth Avenue South, downtown Naples, and Gulf beaches. Offered as a complete assemblage; list price reflects the entire seven-parcel portfolio. Well suited to investors, developers, builders, family offices, and 1031 exchange buyers. All information deemed reliable but not guaranteed; buyers to verify.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,650,000

AD Id : 89661139

MLS Id : 2026035039

Beds : 8

Lot Size : 1.54 Acres

Year Built : 1985

County : Collier

Subdivision: Kings Lake

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 8 Full Baths: 8

    Roofing Information

    Tile

    Flooring Information

    Tile, Wood
  • Interior Features

    Roof: Tile
    Window Features: ImpactGlass
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric Water front: 1

  • Building Information

    Year Built: 1985
    Building Area Total: 4532
    Construction Materials: Stucco, WoodFrame
    Stories: 2
    Patio And Porch Features: Patio
    Pool Features: Community
    Private Pool: No
    Water front Features: Lake
  • Exterior Features

    Exterior Features: Courtyard, SprinklerIrrigation, Patio

  • Lot Information

    Lot Dimensions: 139 x 499 x 77 x 429 Main Square Feet: 1.54 Lot Size Acres: 1.54 Lot Size Source: Survey Lot Description: MultipleLots,SprinklersAutomatic

    Property Information

    Subdivision: KINGS LAKE Source Property Type: ResidentialIncome Zoning Description: PUD Property SubType: Quadruplex Levels: Two Property Age: 41

  • Listing Price Information

    Listing Price: $2650000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 52951240006 Tax Lot: 3.6 Tax Block: B Tax Year: 2025 Annual Tax: $13554.9 Tax Legal Desc: REPLAT OF PARTS OF KINGS LAKE A PORT BLK B REF AS: LAKES VILLAGE TOWNHOUSE #5 (HO) AS DESC IN OR 2197 PG 1933

  • Garage Information

    Pets Allowed: Call, Conditional

    Homeowners Association Information

    Association Amenities: Pool, SeeRemarks, Sidewalks, Trails
    Community Features: NonGated, StreetLights

  • Utility Information

    CableAvailable
  • Location Information

    Direction: From Davis Blvd, turn south onto Kings Lake Blvd, then right onto Santa Cruz Blvd. Property is on the right, along the lake side of the street. (Verify turn directions before submitting WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/19/2026 @ 15:44

MLS: 2026035039 LISTED BY: Robert Arnold, Sand Dollar Realty Group Inc 407-389-7318 SOURCE: FGC

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