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!

Features
: Electricity Connected, Water Connected, Phone Connected, Sewer Connected
: Bay, Fresh Water, Seawall, Navigable, Lagoon
Address Map
10540 Gulf Shore Dr, Naples Fl 34108
US
FL
Collier
Naples
34108
W82° 10' 30''
N26° 16' 1.3''
RT
Additional Information
https://listings.turnkeyphotographyfl.com/sites/beowovb/unbranded
https://listings.turnkeyphotographyfl.com/sites/beowovb/unbranded
2
2025-01-03
: 2
Hospitality,Residential,Health Services,Other
Financial
1
1387.31
Listing Information
604198
PHAS01
Active
2025-04-10T16:03:30Z
NABOR

Commercial Sale

0.47 Acre
Visits : 0
$12,000,000
MLS ID #225000966
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
MLS ID : 225000966
Price : $12,000,000
Year Built : 1962
Lot Area : 0.47 Acre
Status : Active
Property Sub Type : Multi Family
Waterfront Yn : 1
Agent info
Contact Agent