3453 Crayton Rd.
Build-to-sell, capital back at exit
Moorings Bay unimproved land parcel, 0.39 acre with 100+ ft of waterfront and western exposure.
Build-and-sell development strategy on a 0.39-acre unimproved waterfront land parcel at 3453 Crayton Road in Naples, Florida, within the Moorings on Moorings Bay. The public listing identifies the asset as land rather than a teardown residence, with over 100 feet of waterfront, western exposure, bay views, and added lot depth supporting a broad first-level floorplan. The strategy is acquisition of the land, design and permitting for a new waterfront residence, vertical construction, and resale into the Moorings waterfront new-build comparable set. Hold duration is expected to span design, permitting, hard construction, and a marketing window for new inventory. Asking land basis of 7.5 million dollars reflects the waterfront location, lot area, water frontage, and western exposure rather than existing residential improvements. Capital deployment covers architectural design, permitting, site preparation, hard construction, pool and outdoor programming as elected, marine or landscape improvements, finish specification, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale, with the Moorings waterfront location and execution discipline supporting the exit thesis.
- Address
- 3453 Crayton Rd.
- City
- Naples, FL
- ZIP
- 34103
- Beds
- Pending
- Baths
- Pending
- Living sqft
- Pending
- Lot sqft
- 16,988
- Year built
- Pending
- Waterfront
- Bay
- 100+ft bay frontage
- Western exposure
- Moorings
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.
Vertical construction budget at $500/sqft across 6,000 sqft.
Project-specific upgrades such as pool, landscape, driveway, lighting and closet packages where applicable.
Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return