239-230-2184
, Naples, FL for Sale
FOR SALE
1/1
null | Request Cap Rate

Charleston Square
Naples, FL
Coquina Sands


HIGHLIGHTS

  • Prestigious location facing the Gulf of Mexico and Lowdermilk Park.
  • Low vacancy and extremely high demand for space in the Naples market.
  • Located on a corner lot directly off Banyan Boulevard and Gulf Shore Boulevard North.
  • Units do not remain vacant long and continually attract interest from a diverse pool of tenants.
  • Owner recently completed major interior and exterior renovations including all new landscaping and lighting.
  • The average term length per current tenant is 9.1 years with 50% of tenants leasing for 5+ years.

OVERVIEW

Lee & Associates | Naples-Fort Myers, as exclusive listing agents, are pleased to present an exceptional investment opportunity to purchase Charleston Square—a rare, multi-tenant, mixed-use asset located in the heart of Naples' "Miracle Mile." This area is a highly sought-after community of multi-family residences along Gulf Shore Blvd. N, stretching from Naples Beach Club to Doctor’s Pass. The region is poised to become the premier multi-family residential community in Southwest Florida. Location Charleston Square is situated at the corner of Gulf Shore Boulevard North and Banyan Boulevard, Naples, Florida 34102. The property is strategically positioned between Lowdermilk Park to the west and Hurricane Harbor to the east, offering prime waterfront access. Property Features This Class A mixed-use property boasts 459 feet of frontage along Gulf Shore Boulevard North and 467 feet of frontage along Banyan Boulevard at a signalized intersection. The total property spans 3.03 acres of professionally landscaped grounds. The property consists of two buildings. The Courtyard Building is a three-story mixed-use structure fronting Gulf Shore Boulevard. The first floor is a fee simple commercial space containing 14 units with a total of 23,032 rentable square feet. The second and third floors of this building comprise 24 separate residential condominiums, which are not part of the sale. The Bay Building is a two-story commercial building containing 7 units with a total of 19,563 rentable square feet, dedicated to mixed-use retail and office spaces.

ASK ABOUT THIS PROPERTY

Biagio BernardoLee & AssociatesMore Info
239-230-2184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Biagio BernardoLee & AssociatesMore Info
239-230-2184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.