10540 Gulf Shore Drive
$12,000,000
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Description
"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..."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 Gumbo 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. Mercato 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!
- Listed by Patricia McLaughlin • Phase III Real Estate Services
Property Details for 10540 Gulf Shore Drive
Area
NA02 - Vanderbilt Beach Area
WaterfrontYes
Waterfront DescBay, Fresh Water, Lagoon, Navigable, Seawall
Gulf Access TypeBridge(s)/Water Indirect, Other
LISTING UPDATED: 01/06/2025 10:47 AM
Property Details for 10540 Gulf Shore Drive
Status | Active |
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MLS # | 225000966 |
Days on Market | 3 |
Taxes | $1,387 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1962 |
Lot Size | 1.00 AC / 43,560 SF |
County | Collier County |
Building Information for 10540 Gulf Shore Drive
Stories2Residences-Year Built1962Building Size-Lot Size1.00 AC / 43,560 SF
Property Information for 10540 Gulf Shore Drive
Property History for 10540 Gulf Shore Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 10540 Gulf Shore Drive
This home is within Collier.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 11 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Naples Park Elementary School PublicPK to 5 | ||
Pine Ridge Middle School Public6 to 8 | ||
Aubrey Rogers High School Public9 to 11 | ||
Florida Virtual Course Offerings Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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