Photo 1 of 15
$415,000
Sold on 2/29/24
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
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0.00 |
0 |
$1,425.02 |
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On the market:
206 days
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View full details, photos, school info, and price history
**INCREDABLY RARE OPPORTUNITY** Nearly 6 entire acres (5.91) zoned for duplexes (RM-2). Perfect for builders and developers, accommodating large estate type lot sizes. Spoke to Lee County and at least 7 duplexes (roughly .85 acres per lot) or 14 single family homes (roughly .42 acres per lot) can be built on the current parcel - if you bring in city water that is a short distance away, even more properties can be built. It's a great property for an investor to build large 4+ bedroom on each side of a duplex -- and possibly use a section of the interior of the lot for a small park/playground to attract tenants and higher rent. Investors can also benefit by subdividing and selling the individual lots. The solid #33 soil grade ensures excellent buildability and no wetland concerns. Situated off Milwaukee Blvd and Bell Blvd, this location is experiencing explosive growth, with duplexes fetching high rents with Lee County's increasing population. Easy access to SR-82 for the beaches and SW Florida's attractions. Don't miss this chance to own such a large, duplex-zoned property!
Listing courtesy of Matthew Larmore, DomainRealty.com LLC