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621 Ortiz Ave - Glenwood Development

9.8 Acres of Residential Land Offered at $2,800,000 in Fort Myers, FL 33905

Executive Summary

We are pleased to present the opportunity to acquire a prime residential site, Glenwood Development, as an exclusive sale listing in beautiful Southwest Florida. The site consists of 9.8 acres of land with zoning approval in place for up to 144 townhomes or multifamily dwelling units.. Located just outside the City of Fort Myers boundary, the subject parcel is convenient to numerous demand generators and high-traffic corridors. This opportunity provides a site perfect for a quality multifamily project in the heart of Fort Myers. The development will offer a significant return to the right investor looking to take advantage of the growth and potential along the southern gulf coast of Florida.
**No buyer Co-Broker commission is offered. Buyer's broker to be compensated by their client.

Property Facts

Price $2,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 9.80 AC

1 Lot Available

Lot

Price $2,800,000
Price Per AC $285,714
Lot Size 9.80 AC

Residential planned development allows 92 multifamily apartments with a maximum height of 45'.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-44-25-00-00018.0010
Land Assessment
$202,044
Improvements Assessment
$0
Total Assessment
$202,044

zoning

Zoning Code RPD (Residential Planned Development-RPD)
RPD (Residential Planned Development-RPD)
  • Listing ID: 26612055

  • Date on Market: 9/12/2022

  • Last Updated:

  • Address: 621 Ortiz Ave, Fort Myers, FL 33905

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