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4886 Santa Barbara Blvd. - Taormina Reserve 82.5 Acres of Residential Land in Naples, FL 34104
INVESTMENT HIGHLIGHTS
- 82.5± acres (partially filled to grade)
- - Residential R1/R2: 32± acres approved for up to 350 units.
- One of the last large-scale development opportunities in SWFL.
- - Mixed Use: 17± acres approved for up to 262,000 sq. ft. and 128 units.
- - Stormwater Management/Preserve: 33± acres with ERP in place.
- Potential to apply the Live Local Act and achieve significantly higher density.
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY:
LSI Companies is pleased to present this unmatched mixed-use development opportunity, “Taormina Reserve.” The subject is 82.5± contiguous acres located at the southeast intersection of Davis Boulevard and Santa Barbara Boulevard within an established Naples submarket. It remains one of the last large-scale development opportunities in Southwest Florida.
Taormina Reserve features both mixed-use and residential components, fully entitled (Ord. 09-48), along with on-site master stormwater infrastructure and a dedicated preserve (ERP 11-107625-P). The property, which is within the Collier County Activity Center and Residential Density Band (see page 12 of the Offering Memorandum), can achieve a maximum of 262,000 sq. ft. of commercial and office space and up to 478 housing units. Please refer to pages 5 and 6 of the Offering Memorandum for more information.
Naples is a relatively small but well-capitalized city with limited land available for new construction. Residential and commercial end-user pricing continues to escalate as wealth from other regions of the U.S. and the world migrate to Collier County. This is evidenced by the city’s median income of $135,657, which is twice as much as Florida’s median income of $67,917.
This parcel offers an opportunity to maximize its highest and best use as a true vertical mixed-use project, a concept that has been successfully delivered in Collier County, as shown on pages 10-12 in the Offering Memorandum. Additionally, the mixed-use parcel is a prime candidate for the Live Local Act, which would yield 91 dwelling units per acre or 390 units in total, in addition to the 262,000 sq. ft. of commercial space.
*CALL FOR PRICING
LOCATION HIGHLIGHTS:
• 1.5± miles to Calusa Park Elementary School
• 1.5± miles to Seacrest Country Day School
• 2.5± miles to Florida SouthWestern State College (FSW-Collier)
• 3.1± miles to Physicians Regional – Collier Blvd.
• 4.5± miles to I-75
• 5.5± miles to Naples Airport (APF)
• 27.1± miles to Florida Gulf Coast University (FGCU)
• 33.7± miles to Southwest Florida International Airport (RSW)
LSI Companies is pleased to present this unmatched mixed-use development opportunity, “Taormina Reserve.” The subject is 82.5± contiguous acres located at the southeast intersection of Davis Boulevard and Santa Barbara Boulevard within an established Naples submarket. It remains one of the last large-scale development opportunities in Southwest Florida.
Taormina Reserve features both mixed-use and residential components, fully entitled (Ord. 09-48), along with on-site master stormwater infrastructure and a dedicated preserve (ERP 11-107625-P). The property, which is within the Collier County Activity Center and Residential Density Band (see page 12 of the Offering Memorandum), can achieve a maximum of 262,000 sq. ft. of commercial and office space and up to 478 housing units. Please refer to pages 5 and 6 of the Offering Memorandum for more information.
Naples is a relatively small but well-capitalized city with limited land available for new construction. Residential and commercial end-user pricing continues to escalate as wealth from other regions of the U.S. and the world migrate to Collier County. This is evidenced by the city’s median income of $135,657, which is twice as much as Florida’s median income of $67,917.
This parcel offers an opportunity to maximize its highest and best use as a true vertical mixed-use project, a concept that has been successfully delivered in Collier County, as shown on pages 10-12 in the Offering Memorandum. Additionally, the mixed-use parcel is a prime candidate for the Live Local Act, which would yield 91 dwelling units per acre or 390 units in total, in addition to the 262,000 sq. ft. of commercial space.
*CALL FOR PRICING
LOCATION HIGHLIGHTS:
• 1.5± miles to Calusa Park Elementary School
• 1.5± miles to Seacrest Country Day School
• 2.5± miles to Florida SouthWestern State College (FSW-Collier)
• 3.1± miles to Physicians Regional – Collier Blvd.
• 4.5± miles to I-75
• 5.5± miles to Naples Airport (APF)
• 27.1± miles to Florida Gulf Coast University (FGCU)
• 33.7± miles to Southwest Florida International Airport (RSW)
PROPERTY FACTS Under Contract
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 82.50 AC |
| Zoning | Taormina Reserve MPUD - Activity Zoned | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 82.50 AC |
| Zoning | Taormina Reserve MPUD - Activity Zoned |
1 LOT AVAILABLE
Lot
| Lot Size | 82.50 AC |
| Lot Size | 82.50 AC |
Largest last remaining mixed-use land development opportunity in Collier County.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $400 | Total Assessment | $5,063,473 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$400
Improvements Assessment
$0
Total Assessment
$5,063,473
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4886 Santa Barbara Blvd. - Taormina Reserve
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