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. Listing includes PID #'s - 52951440000, 52951200004, 52951160005, 52951240006, 52951280008, 52951320007, 52951360009. 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.
Active
$2,650,000
2708-2714 Santa Cruz Blvd, Naples, FL 34112
12beds
4,432sqft
Quadruplex, Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$598/sqft
$-- HOA
What's special
Private detached garagesPrivate heated saltwater poolBeautifully landscaped lake-oriented groundsSecluded patiosImpact-rated windows
- 17 days
- 408
- 22
Zillow last checked:
Listing updated:
Listed by:
Robert Arnold 407-389-7318,
Sand Dollar Realty Group Inc
Source: Florida Gulf Coast MLS,MLS#: 2026035039
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Features
- Flooring: Tile, Wood
- Windows: Impact Glass
Interior area
- Total structure area: 4,432
- Total interior livable area: 4,432 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Courtyard, Sprinkler/Irrigation, Patio
- Has private pool: Yes
- Pool features: In Ground, Salt Water
- On waterfront: Yes
- Waterfront features: Lake
Lot
- Size: 1.54 Acres
- Dimensions: 139 x 499 x 77 x 429
- Features: Multiple lots, Sprinklers Automatic
Details
- Parcel number: 52951240006
- Lease amount: $0
- Zoning description: PUD
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco, Wood Frame
- Roof: Tile
Condition
- Resale
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Non-Gated, Street Lights
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: KINGS LAKE
HOA
- Has HOA: Yes
- Amenities included: See Remarks, Sidewalks, Trail(s)
Location
- Region: Naples
Financial & listing details
- Price per square foot: $598/sqft
- Annual tax amount: $13,554
- Date on market: 8/18/2026
- Listing terms: All Financing Considered,Cash
- Tenant pays: Cable TV, Electricity, Internet, Water
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $2,650,000-26.4%$598/sqft |
Source: | ||
| 5/8/2024 | Listing removed | -- |
Source: | ||
| 10/23/2023 | Price change | $3,600,000+1.4%$812/sqft |
Source: | ||
| 9/15/2023 | Listed for sale | $3,550,000$801/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



