Photo 1 of 12
$275,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
1.00 |
1,425 |
$2,429.41 |
1948 |
On the market:
79 days
|
View full details, 15 photos, school info, and price history
Triple Lot Redevelopment Opportunity | RM-12 Zoning | Fort Myers Infill Corridor
Exceptional opportunity to acquire a triple-lot assemblage in the rapidly growing Michigan Ave corridor of Fort Myers. This 0.66-acre (28,750 sq ft) parcel is zoned RM-12, allowing for up to 7 multifamily residential units — perfect for duplexes, triplexes, or build-to-rent models.
The property includes a 3 bed / 1 bath home in need of full rehab or demolition. Seller is offering a demolition credit at closing, making this site build-ready for developers or investors.
Property Details:
3 legal lots totaling 0.66 acres
RM-12 zoning (12 units per acre)
Existing structure with electric connected
2 vacant lots with nearby utility access
Public road frontage, no HOA
Development Highlights:
Build up to 7 units by right under zoning
Ideal for small apartment, duplexes, or workforce housing
Surrounded by new construction and redevelopment
Demolition credit offered to expedite project timeline
Location Benefits:
Minutes to McGregor Blvd, US-41, and Downtown Fort Myers
Close to schools, retail, transit, and employment centers
Strong infrastructure, utilities, and growth potential
Whether you're a builder, developer, or investor, this is a rare infill opportunity with exceptional upside. Priced based on land value and redevelopment potential, not just the existing home.
Listing courtesy of Nikijha Lynch, RB Real Estate LLC