Listing Provided Courtesy of Phase III Real Estate Services
“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 Jumbo 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. Mercado 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!
Property Details
Price:
$12,000,000
MLS #:
225000966
Status:
Active
Beds:
0
Baths:
0
Address:
10540 GulfShore DR
Type:
Commercial
Subtype:
Multi Family
City:
NAPLES
Listed Date:
Jan 3, 2025
State:
FL
ZIP:
34108
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
1962
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Schools
Interior
Exterior
Parking Spots
15
Financial
Tax Year
2024
Taxes
$1,387
Map
Community
- Address10540 GulfShore DR NAPLES FL
- CityNAPLES
- CountyCollier
- Zip Code34108
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Courtesy of Phase III Real Estate Services. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Naples, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Naples, FL. All rights reserved.
10540 GulfShore DR
NAPLES, FL
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