ASSETRAReal World Assets
26.13°N · 81.80°W
GROUND-UP DEVELOPMENT · FL

754 16th Ave. S

Gallery10 photos
Strategy

Build-to-sell, capital back at exit

Aqualane Shores bayfront lot, 0.33 acre with 100ft of Naples Bay frontage and direct water views.

Thesis

Build-and-sell development strategy on a 0.33-acre (14,500 sqft) vacant bayfront parcel at 754 16th Avenue South in Naples, Florida, at the edge of Aqualane Shores adjacent to Crayton Cove. The site offers 100 feet of frontage on Naples Bay with direct open-water views, a configuration that is limited in supply within the immediate neighborhood and has historically supported the upper band of per-square-foot pricing for finished residences. The strategy is vertical construction of a new single-family residence oriented to maximize the bay exposure, with disposition on completion. Aqualane Shores inventory delivered in recent cycles has shown durable absorption at price points that reward water frontage, view quality, and proximity to Crayton Cove's restaurant and marina cluster. Hold duration is expected to span design and permitting, hard construction, and a marketing window under a standard new-construction timeline. Asking land basis at 5.995 million dollars reflects the bay frontage, lot depth, and micro-location rather than existing structures. Capital deployment covers design, site preparation, permitting including any coastal construction requirements, hard costs, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale into a buyer pool that prioritizes open-water orientation and neighborhood identity.

Specifications
Address
754 16th Ave. S
City
Naples, FL
ZIP
34102
Beds
Baths
Living sqft
Lot sqft
14,500
Year built
Waterfront
BAY
Features
  • 100ft bay frontage
  • Crayton Cove
  • 2018 seawall
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
$5,995,000
Closing fees
$36,975
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)
$119,900
Insurance
$30,000
Construction interest (10% × 24 mo)
$936,500
Sale + realtor fees (5% of exit)
$919,362
Total expenses
$11,862,737
Downside exit
$14,472,53922% ROI
Upside exit
$18,387,24255% 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.

Follow

Important disclosures

Assetra Technologies, Inc. is a technology provider and does not itself provide investment, legal, tax, or accounting advice, nor does it broker, deal in, or custody securities. Any references to "assets", "products", or "strategies" are illustrative only and do not constitute an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such offer or solicitation would be unlawful.

Tokenized instruments may be speculative, involve substantial risk, and are not suitable for all investors. Past performance is not indicative of future results. Product terms, eligibility, and applicable disclosures are provided in the relevant offering materials.

© 2026 Assetra Technologies, Inc. All rights reserved.