
Midline Raleigh
835 Navaho Drive, Raleigh, NC, 27609, US
11.29 ha
Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee simple interest in 1785 Gulf Shore Boulevard North (the “Property”, “Site” or “1785 Gulf Shore”), an iconic entitled 2.05-acre oceanfront condominium development site with 200 linear feet of beach frontage located in Naples, FL. The Site sits within steps of the Rosewood Residences Naples Beach and the 125-acre Naples Beach Club, Hotel & Residences project under the Four Seasons brand.
1785 Gulf Shore is site plan approved for 24 ultra-luxury condominium units boasting over 4,600 avg. SF in an 8-story tower with over 7,600 SF of amenities on the 2nd level. Limited supply of new, luxury condominiums in Naples has driven pre-construction condo pricing to record-breaking figures upwards of $3,600 PSF for oceanfront product, as demonstrated by the Rosewood Residences Naples, located just two parcels south of the Property.
With 1,000+ residents migrating to Florida daily coupled with over $1 billion in new development surrounding the Site, 1785 Gulf Shore presents an incredible opportunity to capitalize on the “gold rush” along Gulf Shore Blvd.