Projects
Naples Motor Condos - Naples Blvd.
Project facts
- Status
- Completed
- Address
- 5740 Naples Blvd
- City
- Naples, Florida
- Region
- Southwest Florida
- Submarket
- Naples; Bonita Springs
- Units
- 18
- Amenity tier
- Standard
- Key amenities
- Private Bathrooms, Combinable Units, 14'+ Roll-Up Doors, Mezzanine Capabilities, Gated Access & Security, Private Yard
- Construction
- Block
- Finish level
- Luxury
- Year built
- 2022
- Flood zone
- AE
Market value summary
- # of Sales (T-36)
- 3
- Avg Sale Price (T-36)
- $769 / SF
- Avg Sale Price (T-36)
- $1,320,000
- Avg Market Value
- $822 / SF
- Avg Market Value
- $1,555,000
Location Summary
Naples / Naples; Bonita Springs Overview
5740 Naples Boulevard sits inside the Pine Ridge and Airport-Pulling retail core, the densest commercial node in Collier County and the address that most of Naples passes through weekly. Naples Boulevard is a purpose-built commercial loop running north of Pine Ridge Road between Airport-Pulling Road and Goodlette-Frank Road, which means the site carries retail-grade visibility and curb cuts without fronting a state highway. Access is unusually good in every direction: Pine Ridge Road reaches Interstate 75 in roughly four miles east, Tamiami Trail and the Gulf-front neighborhoods are two miles west, and Naples Municipal Airport is about four miles south down Airport-Pulling Road.
This is the wealth peak of the three Naples trade areas by a clear margin. The 3-mile median home value of $763,518 is the highest of any Collier trade area the platform scores, and 6,437 households within three miles earn $200,000 or more, nearly double the count around comparable central Naples addresses. Median household income within five miles is $98,027 with 30.7 percent of households above $150,000, and the 5-mile luxury housing share of 31.8 percent is the deepest concentration of high-end stock in the corridor. The Naples to Marco Island metropolitan area reports per-capita income of $63,250, among the highest of any U.S. metropolitan area, and ultra-prime depth has been extending rather than thinning, with Collier closings above $20 million up 75 percent between late 2025 and spring 2026. Against that, the Naples; Bonita Springs submarket carries the platform's highest trailing-twelve-month median at $560 per square foot.
Current Events & Infrastructure
- Tanglewood Marketplace: The 70,536 square foot retail center at 4910 Tamiami Trail North, under two miles west of the site, traded for $18,500,000 in a sale reported in the May 2026 Southwest Florida transaction record, with 4910 Tanglewood LLC acquiring from Tanglewood Naples LLC. Institutional-scale capital rotating into neighborhood retail this close to the address confirms the corridor is being underwritten as a durable, high-income catchment rather than a mature one.
- 199 Airport Road South: An 85,946 square foot commercial and light industrial building carrying a permitted value of $6,400,000 is in planning and permitting with Collier County, developed by CTPML LLC, roughly four miles south along the Airport Road corridor. It is one of the larger new industrial permits in the county and signals that the flex and service band flanking the airport remains constrained and actively bid, which supports pricing for enclosed suite product inside the same submarket.
Key Demand Drivers
The households within three miles of Naples Boulevard own the most expensive homes in the county, and those homes were built to a floor plan convention that assumes two vehicles. Owners of five, eight, or twelve cars have nowhere on their own lot to put them, and the beachfront and golf-community associations in this trade area prohibit visible trailer, lift, and project-car storage outright. The anchors below define the buyer pool and the daily traffic pattern around the address.
- Revs Institute: The 501(c)(3) automotive museum and scholarly research center at 2500 Horseshoe Drive South, about three miles south, holds the Miles Collier Collections of more than one hundred significant automobiles built between 1896 and 1995. Very few U.S. markets have a research-grade automotive institution inside a ten-minute drive, and it concentrates serious collectors in this exact quadrant of Naples.
- Waterside Shops: At 5415 Tamiami Trail North, roughly two miles west, Waterside carries more than 60 shops and restaurants anchored by Saks Fifth Avenue and is the luxury retail center of Southwest Florida. It defines the shopping pattern of the same households that buy enclosed garage suites.
- Naples Grande Beach Resort: The 474-room resort about two and a half miles west, acquired in 2022 for $218.4 million by Henderson Park Capital Partners and South Street Partners, is executing a 34,945 square foot phase of a property-wide renovation under a $2,694,472 permit currently under construction. Sustained institutional hospitality investment two miles from the site underwrites the seasonal affluent traffic the corridor depends on.
- Naples Bay Resort and Marina: The 85-room, 97-slip resort and marina at 1500 Fifth Avenue South, about five miles south, sold for $41,250,000 on June 30, 2026 to a Pyramid Global Hospitality and Western and Southern Financial Group venture. Boat ownership and vehicle collecting overlap heavily in Naples, and a 97-slip marina five miles away is a direct read on that overlapping owner base.
Location Highlights
- MSA Position: The Naples to Marco Island metropolitan area posts per-capita income of $63,250, among the highest of any U.S. metropolitan area, and Collier closings above $20 million rose 75 percent from late 2025 to spring 2026.
- Enthusiast and Collector Culture: A research-grade automotive museum holding more than one hundred cars built between 1896 and 1995 sits three miles south, an anchor institution rather than a seasonal event.
- Infrastructure and Recreation: Two miles to the Gulf beaches and luxury retail, four miles to Interstate 75 by Pine Ridge Road, and four miles to Naples Municipal Airport, all without leaving arterial roads.
- Market-Specific Factor: This trade area holds the highest median home value the platform scores in Collier County at $763,518 within three miles, and homes at that value point are exactly the ones with the least on-site vehicle capacity relative to owner holdings.
- Tax and Quality of Life: No individual income tax, and a seasonal-unit share of 25.8 percent within five miles that signals a second-home base which leaves vehicles behind between visits.
- High Net Worth Concentration: 6,437 households within three miles earn $200,000 or more, rising to 12,409 within five miles and 18,687 within seven miles, against a 3-mile median home value of $763,518.
Area Demographics (ACS 2024)
5-Mile Profile: Population 131,474 | Median HH Income $98,027 | HH Earning $150K+ 30.7% | Median Age 53.8 | Age 55+ 49.4% | Seasonal Units 25.8% | Households with 3+ Vehicles 12.3%
Wealth Index: 9.0 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 101 | 5,310 SF | $3,558,000 | $670 / SF |
| Unit 102 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 103 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 104 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 105 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 106 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 107 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 108 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 109 | 1,552 SF | $1,336,000 | $861 / SF |
| Unit 201 | 2,139 SF | $1,664,000 | $778 / SF |
| Unit 202 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 203 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 204 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 205 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 206 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 207 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 208 | 1,717 SF | $1,429,000 | $832 / SF |
| Unit 209 | 1,717 SF | $1,429,000 | $832 / SF |