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Lot/land
  • $1,400,000

    5202 Cypress LN, NAPLES, FL 34113

    --beds
    --baths
    1.73Acres
    Unimproved Land
    Built in ----
    1.73 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Well-positioned within naples
    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.
    10 days
    |
    80
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    DJ Henderson 239-877-3994,

    Waterfront Realty Group Inc

    Source: SWFLMLS,MLS#: 226017782MLS LogoOriginating MLS: Naples

      Facts & features

      Interior

      Features
      • Has fireplace: No

      Property

      Features
      • Has view: Yes
      • View description: Canal, Water, Trees/Woods
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Canal Front
      Lot
      • Size: 1.73 Acres
      • Features: Cul-De-Sac, Oversize
      Details
      • Parcel number: 60782320006
      • Zoning: RMF-6

      Utilities & green energy

      • Water: Central
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Non-Gated
      • Subdivision: MYRTLE COVE ACRES
      HOA
      • Has HOA: No
      Location
      • Region: Naples

      Financial & listing details

      • Tax assessed value: $571,074
      • Annual tax amount: $5,565
      • Date on market: 6/26/2026
      • Lease term: CASH ONLY
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,176/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$1,400,000-12.5%
        Source: SWFLMLS #226017782 Report a problem
        5/13/2026Listed for rent$2,850
        Source: Zillow Rentals Report a problem
        1/29/2026Listing removed$2,850
        Source: Zillow Rentals Report a problem
        1/6/2026Listing removed--
        Source: Owner Report a problem
        12/2/2025Listed for rent$2,850
        Source: Zillow Rentals Report a problem
        11/21/2025Listing removed$2,850
        Source: Zillow Rentals Report a problem
        10/18/2025Listed for rent$2,850+7.5%
        Source: Zillow Rentals Report a problem
        10/8/2025Listed for sale$1,599,999+196.3%
        Source: Owner Report a problem
        11/23/2024Listing removed$2,650
        Source: Zillow Rentals Report a problem
        10/11/2024Price change$2,650-7%
        Source: Zillow Rentals Report a problem
        10/1/2024Price change$2,850+7.5%
        Source: Zillow Rentals Report a problem
        9/28/2024Listed for rent$2,650-7%
        Source: Zillow Rentals Report a problem
        7/27/2024Listing removed$2,850-10.4%
        Source: Zillow Rentals Report a problem
        7/21/2024Listed for rent$3,180
        Source: Zillow Rentals Report a problem
        6/30/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/12/2024Price change$3,180+3.2%
        Source: Zillow Rentals Report a problem
        5/18/2024Price change$3,080-13.5%
        Source: Zillow Rentals Report a problem
        5/6/2024Price change$3,560-8.2%
        Source: Zillow Rentals Report a problem
        4/20/2024Price change$3,880-9.8%
        Source: Zillow Rentals Report a problem
        3/21/2024Listed for rent$4,300-33.2%
        Source: Zillow Rentals Report a problem
        9/19/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/22/2023Listed for rent$6,440
        Source: Zillow Rentals Report a problem
        1/12/2023Sold$540,000-9.8%
        Source: Public Record Report a problem
        11/2/2022Pending sale$599,000
        Source: SWFLMLS #222042724 Report a problem
        6/3/2022Listed for sale$599,000+31.6%
        Source: SWFLMLS #222042724 Report a problem
        3/18/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        12/5/2005Sold$455,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,566 +24.6%$459,864 +10%
        2024$4,465 -4.5%$418,058 -7.8%
        2023$4,674 +86.4%$453,278 +195.1%
        2022$2,508 +35.2%$153,600 +10%
        2021$1,856 +7.1%$139,636 +10%
        2020$1,732 +4.9%$126,942 +10%
        2019$1,651 +3.3%$115,402 +10%
        2018$1,599 -11.8%$104,911 +10%
        2017$1,812 -1.7%$95,374 +10%
        2016$1,843 +20.5%$86,704 +10%
        2015$1,530 +8.2%$78,822 +10%
        2014$1,415 +79.9%$71,656 +10%
        2013$786 +9.9%$65,142 +10%
        2012$716 -8.6%$59,220 -9.1%
        2011$783 -53.1%$65,126 -17.1%
        2010$1,670 -37.5%$78,565 -44.2%
        2009$2,669 $140,867 -41.7%
        2008$2,669 +8.8%$241,483 +7.5%
        2007$2,453 +646.8%$224,708 +13.9%
        2006$328 $197,239 +295.4%
        2005$328 +5.3%$49,882 +3%
        2004$312 +1.6%$48,429 +1.9%
        2003$307 +3.9%$47,526 +2.4%
        2002$295 -49.2%$46,412 +1.6%
        2001$582 +109%$45,681
        2000$278 --

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34113

        Getting around

        16 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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