Taormina Reserve PUD, an 82 and a half acre Mixed Use PUD is one of the last large, prominent, developable tracts in the Naples area. It has extensive zoning that allows for 262,000 square feet of high value/high visibility commercial space & a max of 478 dwelling units enjoying 33 pristine acres of Nature Sanctuary; a unique amenity, that properly incorporated, would add substantial project value & increased unit revenue. The 17 acre commercial frontage boasts over 200 uses including medical, retail, office & dining, plus 128 residential units on a large buildable footprint. 350 Additional dwelling units may be built on the two Residential tracts of 8.3 acres & 24 acres, & allow for single & multi-family, & town homes. Group housing, including CCRC, ALF & Senior Living, is also allowed, totaling more than 1,250,000 sq feet w/ potentially 800+ units of residential real estate. All permitting & zoning in place. It has it’s Army Core of Engineers & SWFL Water Permits. Both county water & sewer are available to the site. Up to 5MM of infrastructure is ongoing, including work to satisfy all requirements for the water mgmt, including burms, lake, etc. Anticipated completion 7/2019.
Canal, Preserve, Water, Wooded Area, City
|Price Increased from $69,000,000 to $79,500,000|
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