Homes for sale - 10540 GulfShore DR, Naples, FL 34108

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Scott Barrett

sbarrett@floridaluxury.com +1(727) 243-3664

$ 12,000,000

Est. payment | -/mo

0.47 Acres Lot

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$ 12,000,000

Est. payment | -/mo

Save Virtual Tour

0.47 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/ Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225000966

Style Low Rise

Construction Status Known Damage

HOA Y/N No

Year Built 1962

Annual Tax Amount $1,387

Tax Year 2024

Lot Size 0.466 Acres

Acres 0.466

Property Sub-Type Hotel/ Motel

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

Area Na02 - Vanderbilt Beach Area

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Waterfront Description Bay Access, Lagoon, Navigable Water, Seawall

Garage No

Building

Story 2

Architectural Style Low Rise

Construction Status Known Damage

Others

Senior Community No

Tax ID 52800040001

Virtual Tour https://listings.turnkeyphotographyfl.com/sites/beowovb/unbranded

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! "

+1(727) 243-3664

sbarrett@floridaluxury.com

11923 Oak Trail Way, Richey, Florida, 34668, United States

10540 GulfShore DR Naples, FL 34108