A TRULY EXCEPTIONAL GATEWAY TRIANGLE SITE HOTEL/CONDOMINIUM OPPORTUNITY
This Naples Gateway Triangle 2.2+- acre corner site offering is 4 separate parcels (see remarks below), combined and offered together, that would be ideal for potential hotel and/or condominium use, or a combination thereof with even the possibility of retail therein. The elevated views of Naples are spectacular, and the location is ideal, just 3 minutes from 4-corners at 5th Avenue South.
OVERVIEW OF A HOTEL/CONDOMINIUM USE POTENTIAL DEVELOPMENT
The Gateway Triangle has presently a 112 feet max building height requirement for a Mixed Use Project, which could possibly be a hotel, and or condominium. A buyer may seek a Growth Management Amendment to the current land use zoning to seek more bonus density units and extra height/floors. Currently a Gateway Triangle structure has been approved for 15 stories with 270 condominiums & lower-level retail.
To be certain, rarely do these hotel/condominium opportunities arise in Naples, much less just over 1 mile to Naples renowned 5th Avenue South & just over 2 miles to the beautiful beach, bay, Crayton Cove & 3rd Street South.
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