10540 Gulfshore Drive
Naples Fl 34108

1.00 Acres

$12,000,000

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"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!

10540 Gulfshore Drive
Naples Fl 34108

$12,000,000

  • Collier County
  • Date updated: 01/15/2025

Features

Lot Size: 1.00 acres
Year Built: 1962
Pool:
  • 0
Roof:
  • Tile
Property Type: Commercial
Taxes: $1,387

FGCMLS #225000966

Listing Courtesy Of: Patricia McLaughlin, Phase III Real Estate Services

The MLS listing data sources are listed below. The MLS listing information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.


Properties marked with the FGCMLS are provided courtesy of The Florida Gulf Coast Multiple Listing Service, Inc.

Properties marked with the SANCAP are provided courtesy of Sanibel & Captiva Islands Association of REALTORS®, Inc.