2550 Lantern Ln.

Build-to-sell, capital back at exit

Port Royal Lantern Lake unimproved land, 0.46 acre with lake frontage and no listed residential improvements.

Build-and-sell development strategy on a 0.46-acre unimproved land parcel at 2550 Lantern Lane in Naples, Florida, within Port Royal on Lantern Lake. Zillow shows the property as sold for 6.25 million dollars, with no beds, baths, square footage, or year built listed and no Zestimate available. The lakefront parcel supports a ground-up residential development thesis rather than an existing-home renovation scope. The strategy is acquisition of the land, design and permitting for a new Port Royal residence, vertical construction, and resale into the Port Royal new-build comparable set. Hold duration is expected to span design, permitting, hard construction, and a marketing window. Asking land basis of 6.25 million dollars reflects the lakefront site, 0.46-acre lot size, and Port Royal positioning rather than existing residential improvements. Capital deployment covers design, permitting, site preparation, hard construction, finish specification, landscape, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale.

Address

2550 Lantern Ln.

City

Naples, FL

ZIP

34102

Beds

Pending

Baths

Pending

Living sqft

Pending

Lot sqft

20,038

Year built

Pending

Waterfront

Lake

Project economics model using strategy-specific basis, maturity, and downside/upside exit 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