$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
Sub Type Commercial Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Whitehead Creek Subdivision
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
Acres 2.015
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
Direction Exit 138 on I-75 west on Martin Luther King and right hand turn (North) on Michigan Ave. Property will be on the Left hand side on corner of Michigan and Marsh Ave and across from Renaissance Preserve Apartments.
Exterior
Community Features Non-Gated
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View City
Present Use Commercial
Private Pool No
Building
Lot Description Irregular Lot
Faces Exit 138 on I-75 west on Martin Luther King and right hand turn (North) on Michigan Ave. Property will be on the Left hand side on corner of Michigan and Marsh Ave and across from Renaissance Preserve Apartments.
Sewer Central
Water Central
Others
HOA Fee Include None
Tax ID 17-44-25-P3-00061.0000
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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Bought with MVP Realty Associates LLC
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