5291 Sand Dollar Ln
Build-to-sell, capital back at exit
Naples 0.43-acre infill homesite priced for ground-up build at production scale. Real proforma from a sponsor active in the corridor: $2.3M lot, 5,400 sqft build at $500/sqft, 24-month cycle.
5291 Sand Dollar is the canonical Naples ground-up case. The PDF proforma the sponsor uses for self-funded comparables sets every line: $16K closing, $195K soft cost (architecture / survey / geology), $85K permits (impact $30K + building $25-30K + utilities $15K + misc), $3.37M hard cost (5,400 sqft × $500 + $150K pool + $150K landscape + $70K driveway), $120K lighting + closet upgrades, $46K taxes during construction, $30K insurance, $500K interest at 10% × 24 months, then 5% sells + realtor on the upside. Total expenses land at $7.087M. Downside exit $8.5M (20% ROI), upside $11.5M (62%).
- Address
- 5291 Sand Dollar Ln
- City
- Naples, FL
- ZIP
- 34103
- Beds
- —
- Baths
- —
- Living sqft
- —
- Lot sqft
- 18,731
- Year built
- —
- Waterfront
- NONE
- 0.43 AC homesite
- Pine Ridge corridor
- Build-to-suit
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 5,400 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