621 Ortiz Ave - Glenwood Development
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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.
**No buyer Co-Broker commission is offered. Buyer's broker to be compensated by their client.
Property Facts
Price | $2,800,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 9.80 AC |
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 | Lot Size | 9.80 AC |
Price Per AC | $285,714 |
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'.
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PROPERTY TAXES
Parcel Number | 09-44-25-00-00018.0010 | Improvements Assessment | $0 |
Land Assessment | $202,044 | Total Assessment | $202,044 |
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) |
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621 Ortiz Ave - Glenwood Development
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