Address
5202 Cypress Ln, Naples, FL
Price
$ 1,400,000
Property Attributes
- MLS#226017782
- TypeLand
- Listing Status Active
- CountyCOLLIER
- CityNaples
- AreaNA23 - S-O Pine Ridge 26 - 29 - 30 - 31 - 33 - 34
- NeighborhoodMYRTLE COVE ACRES
- Zip34113
- Style
- Taxes$ 5565
- Price$ 1,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.73 Acres
Data Source:
Naples Area BOR (NABOR)
Property Description
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.
| Price History | |
|---|---|
| 6/26/2026 | Listed $1,400,000 |
General Features
| Utilities | Cable Connected,Electricity Connected,Sewer Connected,Water Connected |
|---|---|
| Zoning | RMF-6 |
| View | Canal,Water,Trees/Woods |
| Tax Year | 2025 |
| Current Use | 03-Multi-Family-10 Units Or More |
| Waterfront Features | Canal Front |
| County | Collier |
| New Construction | No |
| Property Type | Land |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | MYRTLE COVE ACRES |
| Possible Use | Multi-Family |
| Garage Y/N | No |
| Building Features | DSL/Cable Available |
| Status | Active |
| City | NAPLES |
| Senior Community Y/N | No |
| MLS Area | MYRTLE COVE ACRES |
| Lot Size Units | Acres |
| Lot Size Square Feet | 75359 |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 5565.68 |
| Ok to Lease | CASH ONLY |
| Additional Parcels Y/N | No |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Legal Description | MYRTLE COVE ACRES BLK C LOT 1 OR 1500 PG 952 |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
Exterior Features
| Lot Features | Cul-De-Sac,Oversize |
|---|---|
| Water Source | Central |
| Lot Size Area | 1.73 |
| Park Name | MYRTLE COVE ACRES |
| Spa | No |
| Lot Size Acres | 1.73 |
| Road Surface Type | Paved |
| Waterfront Y/N | Yes |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 34113
Price
Taxes
Visits
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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