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- Description
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Street View
$1,200,000
Monthly Est:$5,973
-- Bed
- -- Bath
1.73acres lot
5202 Cypress Ln, Naples, FL 34113
$1,200,000
$5,973/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
1.73 acres lot
$693,642/acre
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.
- Houzeo last checked: 8 hours ago
- Listing updated: October 28, 2026 at 4:10 pm
- Listing Provided by: Devin Henderson (239) 877-3994 DRE #249522922 | Waterfront Realty Group Inc (239) 263-1000
- Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 226017782

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
1.73 acres lot
Basement Area
- sqft
MLS Name
Florida Gulf Coast MLS, Fort Myers
MLS Number
226017782
MLS Status
Active
Days on Market
129
Cumulative Days on Market
124

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Utilities
Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
Other Features
Subdivision Name
Myrtle Cove Acres
Community Features
Non Gated
Lot Features
Cul De Sac, Oversized Lot
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Price Decreased | $1,300,000 -7.14% $0/sqft |
06/26/2026 Source: | Listed for Sale | $1,400,000 +16.67% $0/sqft |
06/26/2026 Source: | Price Increased | $1,200,000 +122.22% $0/sqft |
01/05/2023 Source: | Sold | $540,000 $0/sqft |
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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 02, 2026, 02:15PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.
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