$380,000
$500,000
24.0%For more information regarding the value of a property, please contact us for a free consultation.
2.01 Acres Lot
SOLD DATE : 05/16/2024
Key Details
Sold Price $380,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224033211
Sold Date 05/16/24
Originating Board Naples
Annual Tax Amount $1,416
Tax Year 2023
Lot Size 2.015 Acres
Property Description
Large 2.01 acre commercial lot in the city of Fort Myers zoned Commercial Intensive. Property is also in an opportunity zone. This zoning classification allows in addition to many forms of retail, most notably Multi-Family up to 40 units per acre. Very lucrative opportunity to build workforce rental apartments , condos, or townhouses. But also fully enclosed indoor Self Storage as well. Retail, and places of worship allowed. Vehicles and boats are permitted to be stored outside however. Commercial Intensive is the broadest use zoning classification. Up to 5 stories or 70 ft max height. Setback is 15 feet around perimeter. Storm water control can be connected to storm drain pipe along Michigan Ave side, which drains in a nearby canal. Hydrocarbon exfiltration can be installed under parking lot location for maximum space utilization. Fantastic infill development opportunity.
Location
State FL
County Lee
Area Fe02 - East Fort Myers Area
Zoning CI
Exterior
Community Features Non-Gated
Utilities Available Electric, Sewer, Water
Waterfront Description None
View City
Building
Sewer Central
Water Central
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Bought with MVP Realty Associates LLC
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