2550 Lantern Ln.
Short renovation, principal plus profit
Port Royal lakefront 3,046 sqft home on 0.46 acre with west exposure and renovation upside.
Renovation strategy on a 3,046-sqft residence (built 2007) on a 0.46-acre lake-front parcel at 2550 Lantern Lane in Naples, Florida, within Port Royal on Lantern Lake. The lot carries west exposure across the lake, producing extended afternoon light along the rear elevation, and the Port Royal address preserves membership eligibility for the Port Royal Club. The structure is within a dated finish tier relative to the neighborhood's recently delivered and refreshed inventory, which forms the basis of the value-add scope. The strategy is a renovation addressing kitchen, baths, primary living areas, and exterior finishes, together with mechanical and envelope updates as required, followed by resale. Port Royal absorption patterns reward updated inventory even when the building envelope is preserved, particularly where the underlying site characteristics (club eligibility, water orientation, lot size) are already aligned with the buyer pool. Hold duration is expected to span design, permitting, construction, and a marketing window. Asking basis of 6.95 million dollars reflects the parcel, lakefront orientation, club eligibility, and current improvement condition. Capital deployment covers design, permitting, hard construction for the renovation scope, finish refresh, and carry through listing. Returns are targeted from the spread between all-in basis (purchase plus renovation) and post-renovation resale, with the lake orientation, west exposure, and Port Royal positioning supporting the exit.
- Address
- 2550 Lantern Ln.
- City
- Naples, FL
- ZIP
- 34102
- Beds
- —
- Baths
- —
- Living sqft
- 3,046
- Lot sqft
- 20,038
- Year built
- 2007
- Waterfront
- LAKE
- Lantern Lake
- Port Royal Club
Fix-and-flip economics model using acquisition basis, renovation/carry envelope, maturity, and downside/upside resale scenarios. Detailed sponsor line items are shown when a full proforma is available.
Source: strategy economics model · figures are forward-looking estimates · not a guarantee of return