Property Type:
Development, Land, Multi-Family, Residential Income Property
Availability:
Available
Transaction Type:
For Sale
Lot Size:
10.56 AC
Year Built:
2007
Zoning Description:
Corridor District
Units:
15
Property Description
Multi Family Condos & Shovel Ready Lots
Exceptional income producing purchase opportunity consisting of 15 residential condo units featuring 2-bedroom and 2-bathrooms totaling 1,200 sf accompanied by 7 vacant parcels with completed sitework, infrastructure and parking.
Vacant parcels are SITE PLAN APPROVED for 7 buildings which would host an additional 56 units.
Located in one of Florida’s most desirable areas, this resort style property features a large pool, jacuzzi & clubhouse in addition to its rare development opportunity.
The property is positioned 10 minutes from beautiful Downtown Ft. Myers and a short ride to area beaches. It’s also in close proximity to golf clubs, shopping centers, and restaurants.
Property is located in a Florida Opportunity Zone which provides tax incentives, including temporary deferrals on capital gains taxes when investors reinvest those gains in qualified Opportunity Funds.
