For Sale Lot / Land MLS# 226017782

5202 Cypress LN

NAPLES, FL 34113

$1,400,000

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About 5202 Cypress LN

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.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
1.73
Original price
$1,400,000
MLS #
226017782

Exterior & lot

Lot
Canal, Water, Trees/Woods, View, RMF-6, MYRTLE COVE ACRES BLK C LOT 1 OR 1500 PG 952, 60782320006, 03-Multi-Family-10 Units Or More
View
Canal, Water, Trees/Woods
Waterfront
Canal Front

Schools

District
Collier County School District

Utilities

Utilities
Central, Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Electricity on Property
Water
Central

Financial

Financial
Naples
Annual tax
$5,566
Tax year
2025
Parcel
60782320006
Legal
MYRTLE COVE ACRES BLK C LOT 1 OR 1500 PG 952

Location

Subdivision
MYRTLE COVE ACRES
Area
MYRTLE COVE ACRES
County
Collier
Neighborhood
Myrtle Cove Acres
Community
Collier, Paved, 0.0, Naples

Location

Neighborhood
Myrtle Cove Acres
Subdivision
MYRTLE COVE ACRES
School district
Collier County School District

Ask about this property

Questions on 5202 Cypress LN, NAPLES, FL 34113, or want to see it in person?

Listed by Devin Henderson, Waterfront Realty Group Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.