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$12,000,000
40 Days On Site

10540 GulfShore DR
NAPLES, FL 34108

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1962
Built
County:
Collier

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10540 GulfShore DR10540 GulfShore DR10540 GulfShore DR10540 GulfShore DR
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"Kings Crown" by definition is a symbol of power and majesty; a sign of dominance and the right to lead. Kings Crown Condo Motel land use potential 100% lives up to it's name! Located in the Tourist Development District on prestigious Gulf Shore Drive, this multi zoned property is every developer's dream (Multi-family dwellings; Hotel/Motel; Timeshare facilities; Family care facilities). Nestled on Vanderbilt Lagoon with water rights and gulf access (with boat restrictions), this unique gem has it's own PRIVATE BOAT RAMP, (again, one of a kind and reflecting true royal status) along with docks/slips. Another HUGE ASSET is the DEEDED BEACH ACCESS across the street to beautiful Vanderbilt Beach. Enjoy a morning walk north to Wiggins State Park, or south to the Ritz Carlton Hotel. In the evening, just settle in for a magnificent sunset. Location is amazing with many of the top restaurants right on Gulf Shore Drive (The Turtle Club, Buzz Lighthouse, Balleen at La Playa, and Gumbo Limbo at the Ritz). It's a wonderful area for walking, biking, boating and beach activities. Vanderbilt Beach Road and Immokalee Road both lead to US 41, which opens an array of stores, restaurants and services. Mercato is across the street, and downtown Naples is a short drive away. This special parcel of paradise is a once in a lifetime opportunity. Air rights are the icing on the cake. Currently zoned for 7.5 stories, with a variance, there is the potential to go higher! The sky is the limit for some lucky buyer! 2 of the 4 points of "The Royal Crown" are "STYLE" and "SUCCESS". So, come and make this "KING'S CROWN" your reality. Hurry! This window of opportunity won't last long!

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Listing Snapshot
Price 
$12,000,000
Days On Site 
40 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.466 Acres
Year Built 
1962
MLS® Number 
225000966
Status 
Active
Property Tax 
$1,387.31
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.466
Number Of Stories 
2
Parking Spaces 
15
Property Sub Type 
Multi Family
Utilities 
Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected
Zoning 
RT
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Exterior Features
Frontage 
Bay/HarborLagoon/Estuary
Gulf Access 
Yes
Lot Features 
Waterfront
Waterfront Features 
LagoonSeawall
Listing courtesy of Phase III Real Estate Services

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright © 2025Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this website may no longer be available. For the most current information, contact .

Neighborhood & Commute
Source: Walkscore
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