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Investment Highlights
- The ONLY development site for sale on Marco Island across the street from the Ocean
- Benefits from significant in-place cash flows with the ability to expand the surface-lot operation
- In-place approvals for a mixed-use project featuring 14 ultra-luxury units, 2 rooftop restaurants and 3 stories of parking.
- Exceptional optionality given immediate development potential and operational flexibility
Executive Summary
Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee simple interest in 717 S Collier (the “Property” or “Site”), a rare 1.17-acre entitled development site in Marco Island, FL with exceptional optionality. The Site represents the ONLY site for sale on Marco Island Beach and is strategically positioned across the street from Marco Island’s pristine beach. 717 S Collier offers immediate access to key demand drivers including world-class resorts, retail destinations, and natural wonders such as the Gulf of Mexico and the Ten Thousand Islands.
APPROVALS:
717 S Collier is fully-approved for an upscale mixed-use project with sweeping ocean views featuring 14 ultra-luxury residential units averaging over 2,000 SF, two rooftop restaurants, and 252 covered parking spaces across a 5-story structure. The Site is nearly shovel-ready and permits are in-place (95% completed) with only a few remaining comments from the municipality requiring approval. All related documents are available through JLL’s online document center. Flexible zoning provides a diverse set of alternative development opportunities including commercial uses, mixed-use, or other creative concepts.
IN-PLACE CASH FLOW:
The Site also benefits from significant in-place parking cash flows, which grossed $23.6k in revenue in December 2025, and functions as one of the Island’s only publicly-accessible lots offering 80 parking spaces with the ability to expand to a maximum of 110 spaces across the remaining vacant portion of the assemblage. AirGarage began managing the property through a 75/25 split beginning September 2025.
APPROVALS:
717 S Collier is fully-approved for an upscale mixed-use project with sweeping ocean views featuring 14 ultra-luxury residential units averaging over 2,000 SF, two rooftop restaurants, and 252 covered parking spaces across a 5-story structure. The Site is nearly shovel-ready and permits are in-place (95% completed) with only a few remaining comments from the municipality requiring approval. All related documents are available through JLL’s online document center. Flexible zoning provides a diverse set of alternative development opportunities including commercial uses, mixed-use, or other creative concepts.
IN-PLACE CASH FLOW:
The Site also benefits from significant in-place parking cash flows, which grossed $23.6k in revenue in December 2025, and functions as one of the Island’s only publicly-accessible lots offering 80 parking spaces with the ability to expand to a maximum of 110 spaces across the remaining vacant portion of the assemblage. AirGarage began managing the property through a 75/25 split beginning September 2025.
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Property Facts
1 Lot Available
Lot
| Lot Size | 1.17 AC |
| Lot Size | 1.17 AC |
1.17-acres of land across the street from the sand on Marco Island Beach. 30% vacant and 70% surface parking lot Addresses: 711 & 731 S Collier Blvd, Marco Island, FL 34145 Folios: 57871720009, 57871640008 Existing Use: 80 parking spaces
Description
1.17-Acre lot operating as the "Turtle Lot" with 80 existing parking spaces servicing as parking for the beach. In-place approvals call for 14 ultra-luxury units with 12,000+ SF of rooftop restaurant space atop a 3-story parking garage. There is an ability to expand the surface lot operation to 110 spaces while preparing for development and maximizing cash flow.
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Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $185,527 | |
| Land Assessment | $3,901,500 | Total Assessment | $4,087,027 |
Property Taxes
Parcel Numbers
Land Assessment
$3,901,500
Improvements Assessment
$185,527
Total Assessment
$4,087,027
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