5202 Cypress LN

5202 Cypress LN at MYRTLE COVE ACRES Collier NAPLES - Priced @ $1,400,000.00 of type Land - Dimension: 0 X 0 X 0 X 0 - 1.73 Acres - MYRTLE COVE ACRES - FL

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.