Sands REPM

5202 Cypress LN photos

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5202 Cypress LN, NAPLES

Land

Active

$1,400,000

Est. $7,951/mo · Get pre-qualified

Home Type: LandLot Size: 1.73 acres

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.

70 days on market · Listing updated June 26, 2026

Location

Facts & Features

Utilities:
Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Sewer:
Central
Water Source:
Central, Irrigation Water
View:
Canal, Water, Trees/Woods
Waterfront:
Canal Front
Direction Faces:
Northeast
Lot Features:
Cul-De-Sac, Oversize
Irrigation:
None
Road Surface:
Paved
Community Features:
Non-Gated
Subdivision:
MYRTLE COVE ACRES
Zoning:
RMF-6
Annual Taxes:
$5,566
Possession:
Close Of Escrow
Listing Terms:
Cash

Price History

DateEventPrice
Jun 25, 2026Original list price$1,400,000

Reflects listing data on file, not a complete transaction history.

Listed by Devin Henderson, Waterfront Realty Group Inc

$1,400,000

5202 Cypress LN, NAPLES

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$7,951

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.