Bayshore, NAPLES FL 34112

Bayshore, NAPLES FL 34112 at LAKE KELLY Collier NAPLES - Priced @ $3,499,000.00 of type Land - Dimension: 150 X 150 X 150 X 150 - 0.51 Acres - LAKE KELLY - FL

Exclusive Investment Opportunity – Condo/Hotel Project Designed by MHK Architecture. An extraordinary development opportunity is now available with plans designed by MHK Architecture & Planning, the premier architectural group in Southwest Florida. The project is approximately six months from achieving full approval, according to construction consultants, creating a timely entry point for investors/developers. Excellently located in the heart of Bayshore Drive, an area experiencing tremendous development w/ new high-end dining, shops & the Botanical Gardens. Within 7 min drive from 5th Ave. Just a few minutes to the beach, Naples Pier & to 3rd St South. This project offers significant upside as a potential condo/hotel hybrid model (see attached documents): - Unit Sales: 20 Individual units can be sold to private owners. - Rental Program: When units are not owner-occupied, the developer retains the right to manage rentals under a 60/40 revenue-sharing agreement (in favor of owners). - Long-Term Sales Rights: The developer may also secure the exclusive right to sell all units in perpetuity, creating ongoing transaction-based revenue. - Multiple Income Streams: Additional income opportunities include leasing the on-site bar, restaurant, gift shop, and other amenities, further enhancing profitability. This offering combines design excellence, financial upside, and multiple long-term revenue streams in one of Southwest Florida’s most desirable markets. Seller already has a local General Contractor ready to construct the building, if needed. The project offers the following features: GROUND FLOOR Covered parking Reception Lounge Coffee bar Gift shop 4 offices for use by owner/guests Outdoor lounge Pool lounge Snack/juice bar by the pool Pool/jacuzzi/plunge pool 1ST FLOOR 10 units with 2 bedroom, 2 bathrooms, walk-in closet, full kitchen, laundry facilities (3 different floor plans) Storage units 2ND FLOOR 10 units with 2 bedroom, 2 bathrooms, walk-in closet, full kitchen, laundry facilities, balcony (3 different floor plans) Storage units 3RD FLOOR Restaurant Bar indoor/outdoor dining areas Gym His/hers locker rooms Massage rooms Recovery rooms Sauna Cold plunge/ice pool Outdoor lounge Storage unit