This listing represents four (4) waterfront lots comprising 2.53 contiguous acres fronting on Naples Bay and Duck Channel. We have an appraisal prepared by Armalavage & Associates which reflects the aggregate value of the four (4) lots in their original subdivided configuration, as well as the 61’ x 23’ yacht slip. The appraisal totals $19,200,000.00. The four (4) lots are being taxed individually. In addition to the new appraisal, we have preliminary and conceptual plans for alternative subdivision configurations of the property, all with access off of 17th Avenue South. These drawings reflect a more efficient subdivision of the site but, are conceptual and subject to review and approval by local zoning and regulatory bodies before they may be implemented. We are happy to share these items and the appraisals with you upon request. Total 2009 tax bill, for the 4 lots is $80,226.