421 Bow Line Dr.

Build-to-sell, capital back at exit

Moorings interior homesite priced for ground-up residential construction and resale.

Build-and-sell development strategy on an interior vacant homesite at 421 Bow Line Drive in Naples, Florida, within the Moorings. The parcel is non-waterfront, which positions it at a different price band than the bay- and canal-front inventory in the neighborhood while preserving access to the Moorings Beach Park easement and the community amenity base. The strategy is vertical construction of a new single-family residence sized and specified to the interior-lot comparable set in the Moorings, followed by disposition on completion. Interior Moorings homesites have supported new-construction resale at levels driven by neighborhood identity, proximity to Fifth Avenue South and the beach access, and the quality of delivered inventory rather than water frontage. Hold duration is expected to span design and permitting, hard construction, and a marketing window typical for newly completed interior homes in the submarket. Asking land basis at 2.999 million dollars reflects the interior positioning relative to waterfront parcels and the current supply of residential land in the Moorings. Capital deployment covers architectural design, permitting, site preparation, hard costs, finish specification, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale into a buyer pool focused on neighborhood access and new-build quality rather than direct water orientation.

Address

421 Bow Line Dr.

City

Naples, FL

ZIP

34103

Beds

—

Baths

—

Living sqft

—

Lot sqft

—

Year built

—

Waterfront

NONE

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