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Property Description
One or more photo(s) has been virtually staged, AI generated or rendered. MULTIFAMILY DEVELOPMENT OPPORTUNITY | RMF-6 ZONING | 1.73 ACRES 5202 Cypress Lane, Naples, FL Strategic opportunity to acquire or partner in a multifamily development project within one of Naples' strongest growth corridors. Zoned RMF-6, this 1.73 -acre site supports low-density multifamily development, with a planned concept for five modern, two-story residential buildings. The project is conceptually designed, featuring contemporary architecture with clean lines, flat roof profiles, expansive windows, and integrated garage elements, aligning with current rental and resale demand. Preliminary design work is complete, allowing a developer or investor to enter the project with forward momentum. Investment Structure Flexibility: * Joint venture opportunity - current partners are open to aligning with a capital partner to advance the project. * Acquire and develop independently, utilizing the existing concept and groundwork. * Reposition or redesign to maximize density, layout, or end-use strategy. This presents an opportunity to enter at the early stage of a planned development, where strategic capital and execution can unlock significant value through construction, lease-up, or resale. The existing groundwork offers accelerated timelines and reduced upfront planning risk. Location Advantages: Well-positioned within Naples, offering proximity to: * Downtown Naples (5th Avenue South & 3rd Street South) * Gulf beaches and lifestyle amenities * Major roadways supporting commuter and tenant accessibility * Expanding residential areas are driving sustained housing demand Strong market fundamentals support multifamily absorption, rental growth, and long-term appreciation, making this a compelling opportunity for developers, builders, and investment groups seeking scalable returns in a supply-constrained market.
Full Property Details
Full Property Details for 5202 Cypress Ln
General
- Price: $1,400,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 226017782
- Updated: 6/26/2026
- Added to Site: 6 day(s) ago
Additional Information
- Shared Amenities: Non-Gated
Location
- Area: NA23 - S/O Pine Ridge 26, 29, 30, 31, 33, 34
- County: Collier
- Subdivision: MYRTLE COVE ACRES
- Building Name: MYRTLE COVE ACRES
- Direction Faces: Northeast
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Central
- Water: Central, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Multi_MF
Lot Features
- Property View: Canal, Water, Trees/Woods
- Lot Size (Acres): 1.73
- Lot Size (Sq. Ft.): 75,358
- Lot Size Source: Property Appraiser Office
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Cul-De-Sac, Oversize
- Zoning: RMF-6
- Lot Description: Cul-De-Sac, Oversize
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 1-30
Financial Considerations
- Price Per Acre: $809,248
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: MYRTLE COVE ACRES BLK C LOT 1 OR 1500 PG 952
- Property ID: 60782320006
- Section: 29
- Block: C
- Lot Number: 1
Listed by Waterfront Realty Group Inc
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Schools
Schools serving 5202 Cypress Ln
School District:Collier County School District
| Name | Grades | Distance |
|---|---|---|
Manatee Elementary School, Naples, FL 1880 Manatee Road, Naples, FL 34114 | PK-5 | 4.4 mi |
Manatee Middle School 1920 Manatee Road, Naples, FL 34114 | 6-8 | 4.5 mi |
Lely High School 1 Lely High School Boulevard, Naples, FL 34113 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5202 Cypress Ln
Date
Details
Price
Change
Source
6/26/2026
Listed
$1,400,000
159.26%
MLS
12/29/2022
Sold
$540,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5202 Cypress Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,566
25%
$459,864
10%
2024
$4,465
-9%
$418,058
-8%
2023
$4,923
136%
$453,278
225%
2021
$2,082
-24%
$139,636
-9%
2022
$2,739
32%
$153,600
21%
2021
$2,082
11%
$126,942
10%
2019
$1,869
3%
$115,402
10%
2018
$1,812
-2%
$104,911
-48%
2017
$1,843
20%
$201,404
32%
2016
$1,530
8%
$152,012
93%
2015
$1,415
67%
$78,822
10%
2014
$846
8%
$71,656
7%
2013
$786
—
$66,699
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5202 Cypress Ln
5202 Cypress Ln, Naples, FL 34113 (MLS# 226017782) is a Residential Lots property with a lot size of 1.73 acres. 5202 Cypress Ln is currently listed for $1,400,000 and was received on June 26, 2026. Want to learn more about 5202 Cypress Ln? Do you have questions about finding other Residential Lots real estate for sale in Naples? You can browse all Naples real estate or contact a Coldwell Banker agent to request more information.

