Port of the Islands Property - Development or Disposition

Collier County is seeking proposals through Invitation to Negotiate 26-8679 for the development or disposition of the Port of the Islands Old Hotel property, a 6.86-acre vacant residential parcel located at 12323 Union Road in Naples, Florida. The property is zoned Residential Tourist, allowing for tourist accommodations and multi-family uses with a standard density of 16 units per acre, though it may be eligible for up to 25 units per acre under Florida law. The County has established two distinct submission paths: Track A for the development of affordable housing via a ground lease using private and external funding, and Track B for the outright fee simple acquisition of the property for private development. The selection process is a policy determination made by the Board of County Commissioners based on overall public benefit, financial return, deliverability, and best value, rather than price alone. Internal appraisals have estimated the property's market value between 3.25 million and 3.42 million dollars. Proposers must submit electronically and include mandatory certifications regarding conflicts of interest, immigration compliance via E-Verify, and vendor declarations. Requirements include a proposal bond equal to 5 percent of the cost proposal, and for projects exceeding 200,000 dollars, performance and payment bonds of 100 percent of the contract amount are required. Following several extensions, the final response deadline is November 12, 2026.