Projects
Naples Motor Condos - Livingston
Project facts
- Status
- Completed
- Address
- 12997 Livingston Rd
- City
- Naples, Florida
- Region
- Southwest Florida
- Submarket
- Naples; Bonita Springs
- Units
- 46
- Amenity tier
- Standard
- Key amenities
- Private Bathrooms, Combinable Units, 14'+ Roll-Up Doors, Mezzanine Capabilities, Gated Access & Security, Video Surveillance, Private Yard
- Construction
- Block
- Finish level
- Luxury
- Year built
- 2018
- Flood zone
- X
Market value summary
- # of Sales (T-36)
- 12
- Avg Sale Price (T-36)
- $680 / SF
- Avg Sale Price (T-36)
- $793,000
- Avg Market Value
- $682 / SF
- Avg Market Value
- $788,000
Location Summary
Naples / Naples; Bonita Springs Overview
12997 Livingston Road occupies the geographic center of Naples, sitting on the Livingston Road spine just south of Pine Ridge Road in the 34105 ZIP code and roughly one mile west of the Interstate 75 interchange at Pine Ridge Road. Livingston Road is Collier County's principal inland north-south arterial, running parallel to and east of Airport-Pulling Road, and that alignment gives the address something the coastal Naples locations cannot: a fast, uninterrupted run north toward Immokalee Road and south toward Golden Gate Parkway without ever touching Tamiami Trail. For an owner arriving with a trailer or driving a low-clearance collector car, that inland routing is the practical difference between a ten-minute trip and a thirty-minute one during season.
The immediate trade area is the estate and golf belt of central Naples. Within three miles the median home value is $519,870 and 3,600 households earn $200,000 or more, and the resident base skews notably younger than the rest of the corridor at a median age of 52.5 with 47.4 percent of residents aged 55 or older. That profile matters: this is the most year-round, working-owner pocket of the three Naples trade areas, a 5-mile population of 129,296 that includes practicing physicians, business owners, and family offices rather than a purely seasonal retiree base. Florida again led all states in net income in-migration, gaining roughly $20.6 billion in adjusted gross income in the latest IRS filing year and $137.0 billion cumulatively from 2019 to 2023, with the average out-of-state mover reporting about $122,530 in AGI and no individual income tax to pay on arrival. Within Southwest Florida, the Naples; Bonita Springs corridor commands the platform's highest pricing at a $560 per square foot trailing-twelve-month median, more than double the $263 recorded in Fort Myers; Cape Coral.
Current Events & Infrastructure
- Orange Blossom Apartments: A 265-unit, 328,801 square foot apartment community carrying a permitted construction value of $43,397,820 is under construction in the Orange Blossom Drive corridor roughly three miles north of the site, developed by SD Orange Blossom LLC with Brooks and Freund as builder. It is the largest new multifamily permit issued in Collier County in the current cycle. Apartment residents at this price point routinely arrive with one assigned space and a second or third vehicle they cannot keep on site, and that gap is the clearest local driver of enclosed suite demand.
- The Ritz-Carlton Naples, Tiburon: Host Hotels and Resorts is executing a 10,247 square foot renovation at 2620 Tiburon Drive under a $5,955,000 permit, currently under construction, about four miles north of the site. Continued institutional capital reinvestment in the Tiburon resort and golf campus reinforces the affluent north-central Naples membership base that supplies buyers for premium enclosed storage.
Key Demand Drivers
Naples' luxury residential product delivers households with garaging for one or two vehicles at most, and coach homes, high-rise condominiums, and gated villa communities in this corridor rarely permit trailer parking, boat storage, or lift installation. The result is a persistent structural shortage of secure, climate-controlled, individually owned garage space within a short drive of the primary residence, and the anchors below define who is looking for it near this address.
- Naples Municipal Airport: At 160 Aviation Drive North, about four miles southwest, the airport logged 125,926 aircraft operations in fiscal 2025 with 433 based aircraft and reports a $781 million annual economic impact. Its based-aircraft population is the single best local proxy for the private-aviation owner who also keeps a collection.
- Ferrari of Naples cars and coffee: Ferrari of Naples at 11291 Tamiami Trail North, about six miles northwest, hosts a cars and coffee gathering every third Saturday of the month from 9 AM to 11 AM under the Ferrari Club of America Naples Chapter, which runs a second recurring gathering at 239 Mercato. Two standing monthly events inside a fifteen-minute drive is an unusually dense enthusiast calendar for a market this size.
- Mercato: The mixed-use retail, dining, and office district at 9110 Strada Place, about five miles northwest, is anchored by Whole Foods Market and Silverspot Cinema and serves as the north Naples social hub, including as a cars and coffee venue.
- Tiburon Golf Club: Roughly four miles north at 2620 Tiburon Drive, Tiburon offers 36 holes across two 18-hole Greg Norman designed courses, the Gold and the Black. Championship golf memberships in Collier County correlate directly with the multi-vehicle, seasonally resident household this product serves.
Location Highlights
- MSA Position: The Naples to Marco Island metropolitan area counted 417,131 residents at the July 1, 2025 Census estimate and reports per-capita income of $63,250, among the highest of any U.S. metropolitan area.
- Enthusiast and Collector Culture: Two recurring monthly cars and coffee gatherings within six miles, plus 36 holes of championship golf four miles north, anchor an organized enthusiast calendar that runs hardest from November through April.
- Infrastructure and Recreation: Direct Livingston Road access to Interstate 75 at Pine Ridge Road roughly one mile east, with Naples Municipal Airport four miles southwest handling 125,926 annual operations.
- Market-Specific Factor: Post-hurricane, Collier owners have shifted decisively toward inland, elevated, non-coastal storage for high-value vehicles, and this address sits inland of the coastal ridge while remaining inside the affluent core.
- Tax and Quality of Life: Florida levies no individual income tax, and the state captured roughly $20.6 billion in net adjusted gross income in-migration in the latest IRS filing year.
- High Net Worth Concentration: 3,600 households within three miles earn $200,000 or more, rising to 8,605 within five miles and 12,767 within seven miles, against a 3-mile median home value of $519,870.
Area Demographics (ACS 2024)
5-Mile Profile: Population 129,296 | Median HH Income $85,137 | HH Earning $150K+ 24.1% | Median Age 52.5 | Age 55+ 47.4% | Seasonal Units 27.5% | Households with 3+ Vehicles 12.5%
Wealth Index: 8.0 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 101 | 1,648 SF | $1,017,000 | $617 / SF |
| Unit 102 | 958 SF | $686,000 | $716 / SF |
| Unit 103 | 1,054 SF | $741,000 | $703 / SF |
| Unit 104 | 958 SF | $686,000 | $716 / SF |
| Unit 105 | 1,392 SF | $911,000 | $654 / SF |
| Unit 106 | 1,202 SF | $818,000 | $681 / SF |
| Unit 107 | 1,225 SF | $830,000 | $678 / SF |
| Unit 108 | 1,225 SF | $830,000 | $678 / SF |
| Unit 201 | 1,204 SF | $819,000 | $681 / SF |
| Unit 202 | 1,231 SF | $833,000 | $677 / SF |
| Unit 203 | 1,200 SF | $817,000 | $681 / SF |
| Unit 204 | 1,204 SF | $819,000 | $681 / SF |
| Unit 205 | 1,204 SF | $819,000 | $681 / SF |
| Unit 206 | 1,202 SF | $818,000 | $681 / SF |
| Unit 207 | 1,202 SF | $818,000 | $681 / SF |
| Unit 208 | 1,204 SF | $819,000 | $681 / SF |
| Unit 301 | 959 SF | $687,000 | $716 / SF |
| Unit 302 | 986 SF | $649,000 | $659 / SF |
| Unit 303 | 995 SF | $708,000 | $711 / SF |
| Unit 304 | 957 SF | $686,000 | $716 / SF |
| Unit 305 | 959 SF | $687,000 | $716 / SF |
| Unit 306 | 959 SF | $635,000 | $662 / SF |
| Unit 307 | 956 SF | $685,000 | $717 / SF |
| Unit 308 | 995 SF | $708,000 | $711 / SF |
| Unit 309 | 957 SF | $686,000 | $716 / SF |
| Unit 310 | 926 SF | $667,000 | $721 / SF |
| Unit 401 | 1,204 SF | $819,000 | $681 / SF |
| Unit 402 | 1,202 SF | $818,000 | $681 / SF |
| Unit 403 | 1,202 SF | $759,000 | $631 / SF |
| Unit 404 | 1,204 SF | $819,000 | $681 / SF |
| Unit 405 | 1,204 SF | $819,000 | $681 / SF |
| Unit 406 | 1,202 SF | $818,000 | $681 / SF |
| Unit 407 | 1,202 SF | $818,000 | $681 / SF |
| Unit 408 | 1,204 SF | $819,000 | $681 / SF |
| Unit 501 | 1,204 SF | $819,000 | $681 / SF |
| Unit 502 | 1,202 SF | $818,000 | $681 / SF |
| Unit 503 | 1,201 SF | $758,000 | $631 / SF |
| Unit 504 | 1,204 SF | $759,000 | $630 / SF |
| Unit 505 | 1,204 SF | $821,000 | $682 / SF |
| Unit 506 | 1,202 SF | $818,000 | $681 / SF |
| Unit 507 | 1,202 SF | $818,000 | $681 / SF |
| Unit 508 | 1,202 SF | $818,000 | $681 / SF |
| Unit 601 | 959 SF | $687,000 | $716 / SF |
| Unit 602 | 917 SF | $662,000 | $722 / SF |
| Unit 603 | 1,010 SF | $716,000 | $709 / SF |
| Unit 604 | 2,395 SF | $1,362,000 | $569 / SF |