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$ 12,000,000
Est. payment | /mo
1 Acres Lot
$ 12,000,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225000966
HOA Y/N Yes
Originating Board Naples
Year Built 1962
Annual Tax Amount $1,387
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Description
"Kings Crown" by definition is a symbol of power and majesty; a sign of dominance and the right to lead. Kings Crown Condo Motel land use potential 100% lives up to it's name! Located in the Tourist Development District on prestigious Gulf Shore Drive, this multi zoned property is every developer's dream (Multi-family dwellings; Hotel/Motel; Timeshare facilities; Family care facilities). Nestled on Vanderbilt Lagoon with water rights and gulf access (with boat restrictions), this unique gem has it's own PRIVATE BOAT RAMP, (again, one of a kind and reflecting true royal status) along with docks/slips. Another HUGE ASSET is the DEEDED BEACH ACCESS across the street to beautiful Vanderbilt Beach. Enjoy a morning walk north to Wiggins State Park, or south to the Ritz Carlton Hotel. In the evening, just settle in for a magnificent sunset. Location is amazing with many of the top restaurants right on Gulf Shore Drive (The Turtle Club, Buzz Lighthouse, Balleen at La Playa, and Gumbo Limbo at the Ritz). It's a wonderful area for walking, biking, boating and beach activities. Vanderbilt Beach Road and Immokalee Road both lead to US 41, which opens an array of stores, restaurants and services. Mercato is across the street, and downtown Naples is a short drive away. This special parcel of paradise is a once in a lifetime opportunity. Air rights are the icing on the cake. Currently zoned for 7.5 stories, with a variance, there is the potential to go higher! The sky is the limit for some lucky buyer! 2 of the 4 points of "The Royal Crown" are "STYLE" and "SUCCESS". So, come and make this "KING'S CROWN" your reality. Hurry! This window of opportunity won't last long!
Location
State FL
County Collier
Zoning RT
Interior
Inclusions Building And Land
Fireplace No
Exterior
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront Description Bay,Fresh Water,Lagoon,Navigable,Seawall
Total Parking Spaces 15
Garage No
Building
Story 2
Level or Stories 2
New Construction No
Others
Senior Community No
Tax ID 52800040001
Listed by Phase III Real Estate Services • Patricia McLaughlin
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "