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$ 120,000
Est. payment | /mo
69 Acres Lot
$ 120,000
Est. payment | /mo
69 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Pending
Purchase Type For Sale
Subdivision Lehigh Acres
MLS Listing ID 224102595
Originating Board Florida Gulf Coast
Annual Tax Amount $960
Tax Year 2024
Lot Size 69.000 Acres
Acres 69.0
Property Description
Great Investment Opportunity! Canal-Front Multi-Family Lot of 0.69 Acres – Potential for Duplex or Up to 6 Units
Price: $120,000
We present a great investment opportunity in a prime location offering direct canal access, perfect for developers and visionary investors. This 0.69-acre lot is ideal for building a duplex or up to 6 residential units, depending on local zoning regulations and requirements.
Key Features:
Prime Location: Conveniently located near major roadways like SR 82, Lee Blvd, Daniels Parkway, and Colonial Blvd, ensuring easy access to shopping, dining, and entertainment.
Canal-Front Access: Property with direct canal access, offering exceptional views and a peaceful setting for future residents.
Multi-Family Use Allowed: Potential to build a duplex or develop up to 6 units on the property—an excellent option for profitable residential projects.
FEMA Zone X: The lot is located in a low flood-risk area, meaning no flood insurance is required when building, significantly lowering long-term costs for investors.
Technical Reports Available: The property comes with an updated survey report and wetland report, providing essential information for planning and facilitating the permitting and development process.
Key Considerations to Verify:
Zoning: Ensure the lot is zoned for multi-family use, which could allow the construction of a duplex. It's important to confirm with the local government or urban planning department.
Building Requirements: Check local regulations regarding the minimum lot size, building height restrictions, and minimum property setbacks, as these factors may affect the feasibility of the project.
Permits and Approvals: Verify that the project complies with local building codes and regulations. The available wetland report and survey will help streamline this process.
Infrastructure: Ensure the property has sufficient infrastructure (water, sewer, road access, etc.) to support the construction of two units.
Competitive Advantages:
High Residential Demand: The proximity to universities, commercial areas, and local attractions like The Forum, JetBlue Park (home of the Boston Red Sox Spring Training), FGCU, and Gulf Coast Town Center ensures a strong rental and resale market.
Appreciation Potential: The area is continuously growing, representing a great investment opportunity with high potential for future appreciation.
Flexible Development Options: With available technical reports and approval for multi-family development, this lot offers flexible building options to suit various investor needs.
This is a unique opportunity to acquire land in a prime location with high potential for returns!
Price: $120,000
We present a great investment opportunity in a prime location offering direct canal access, perfect for developers and visionary investors. This 0.69-acre lot is ideal for building a duplex or up to 6 residential units, depending on local zoning regulations and requirements.
Key Features:
Prime Location: Conveniently located near major roadways like SR 82, Lee Blvd, Daniels Parkway, and Colonial Blvd, ensuring easy access to shopping, dining, and entertainment.
Canal-Front Access: Property with direct canal access, offering exceptional views and a peaceful setting for future residents.
Multi-Family Use Allowed: Potential to build a duplex or develop up to 6 units on the property—an excellent option for profitable residential projects.
FEMA Zone X: The lot is located in a low flood-risk area, meaning no flood insurance is required when building, significantly lowering long-term costs for investors.
Technical Reports Available: The property comes with an updated survey report and wetland report, providing essential information for planning and facilitating the permitting and development process.
Key Considerations to Verify:
Zoning: Ensure the lot is zoned for multi-family use, which could allow the construction of a duplex. It's important to confirm with the local government or urban planning department.
Building Requirements: Check local regulations regarding the minimum lot size, building height restrictions, and minimum property setbacks, as these factors may affect the feasibility of the project.
Permits and Approvals: Verify that the project complies with local building codes and regulations. The available wetland report and survey will help streamline this process.
Infrastructure: Ensure the property has sufficient infrastructure (water, sewer, road access, etc.) to support the construction of two units.
Competitive Advantages:
High Residential Demand: The proximity to universities, commercial areas, and local attractions like The Forum, JetBlue Park (home of the Boston Red Sox Spring Training), FGCU, and Gulf Coast Town Center ensures a strong rental and resale market.
Appreciation Potential: The area is continuously growing, representing a great investment opportunity with high potential for future appreciation.
Flexible Development Options: With available technical reports and approval for multi-family development, this lot offers flexible building options to suit various investor needs.
This is a unique opportunity to acquire land in a prime location with high potential for returns!
Location
State FL
County Lee
Area La01 - North Lehigh Acres
Exterior
Community Features No Subdivision
Utilities Available None
Waterfront Description None
View Y/N No
View None/Other
Present Use Other/See Remarks
Private Pool No
Building
Sewer None
Water None
Others
HOA Fee Include None
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Listed by Sellstate 5 Star Realty • Mairelis Montero
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