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Prime condo redevelopment site up for auction on the ‘Miracle Mile’ in Naples

Laura Layden | Naples Daily News

A prime piece of waterfront real estate on Naples’ “Miracle Mile” has hit the auction block.

The shovel-ready redevelopment site – at 1500 Gulf Shore Blvd. N. – can be purchased via an online auction. It won’t come cheap: The minimum bid is set at $13,999,950.

The deadline for bids is March 13.

The nearly one-acre site sits east of Gulf Shore Boulevard, across the street from Lowdermilk Park.

It’s within a roughly 1 mile stretch of the road, dubbed the “Miracle Mile,” after showing such resilience in the face of so much devastation from Hurricane Ian. The area is seeing big changes, with a flurry of new development, as it recovers and evolves in the aftermath of the storm.

Overlooking Hurricane Harbor, the now-vacant site is in Coquina Sands.

Read the full article on naplesnews.com.

For more information about buying a home in the Naples, Florida area contact David at David at [email protected] or 239-285-1086.

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