ASSETRAReal World Assets
26.19°N · 81.81°W
GROUND-UP DEVELOPMENT · FL

3453 Crayton Rd.

Gallery5 photos
Strategy

Build-to-sell, capital back at exit

Moorings Bay unimproved land parcel, 0.39 acre with 100+ ft of waterfront and western exposure.

Thesis

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.

Specifications
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
Features
  • 100+ft bay frontage
  • Western exposure
  • Moorings
Project economics

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.

Lot acquisition
$7,590,000
Closing fees
$44,950
Soft cost (design + survey)
$255,000
Permits + impact fees
$80,000
Hard cost basis
$3,370,000

Vertical construction budget at $500/sqft across 6,000 sqft.

Exterior + finish extras
$120,000

Project-specific upgrades such as pool, landscape, driveway, lighting and closet packages where applicable.

Hard cost total
$3,490,000
Property tax during construction (24 mo)
$151,800
Insurance
$30,000
Construction interest (10% × 24 mo)
$1,096,000
Sale + realtor fees (5% of exit)
$1,070,109
Total expenses
$13,807,859
Downside exit
$16,845,58822% ROI
Upside exit
$21,402,18155% ROI

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

ASSETRAReal World Assets

Infrastructure for cross-border real world asset tokenization. Built for issuers, funds, and accredited investors.

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