303 Turtle Hatch Rd.

Build-to-sell, capital back at exit

Park Shore Venetian Bay lot, 0.39 acre with 160ft of frontage and a 2019 seawall.

Build-and-sell development strategy on a 0.39-acre (16,988 sqft) vacant bayfront parcel at 303 Turtle Hatch Road in Naples, Florida, within Park Shore on Venetian Bay. The site offers 160 feet of water frontage, a depth rarely available in the neighborhood, and a 2019 seawall that reduces both critical-path time and marine capital required at the outset of construction. The strategy is vertical construction of a new single-family residence designed around the long frontage to maximize bay views and outdoor programming, with disposition on completion. Park Shore bayfront inventory has historically shown strong absorption at premiums supported by proximity to Venetian Village, the community beach access, and the relative scarcity of recently delivered water-frontage homes. Hold duration is expected to span design, permitting, construction, and a marketing window for new inventory. Asking land basis of 6.95 million dollars reflects the 160-foot frontage, the recent seawall, and Park Shore positioning rather than improvements. Capital deployment covers design, permitting, hard construction including dock or waterfront programming if elected, finish specification aligned to the submarket, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale in a segment where bayfront frontage length materially influences clearing pricing.

Address

303 Turtle Hatch Rd.

City

Naples, FL

ZIP

34103

Beds

—

Baths

—

Living sqft

—

Lot sqft

16,988

Year built

—

Waterfront

BAY

Real cost waterfall from sponsor proforma — 24-month build cycle, ground-up basis. Lines below are project cash expenses through completion and disposition, including property tax during the hold period.

Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return