940 Tarpon St
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940 Tarpon St
94,779 SF Specialty Building Offered at $5,000,000 in Fort Myers, FL 33916
Investment Highlights
- Can be made 7 Units per Acre. 56 Total Units without Redevelopment
Executive Summary
Priced below recent appraisal - Incredible location for redevelopment - 8 acres two blocks from the water in Ft. Myers Beach Florida. Also a perfect investment for passive income as the location is currently leased and generating significant rents. Next door to Lee County school and massive Lee County parks, within a short drive to commercial and medical locations. Could be Church, Private or Charter School, multi-family, Condos, - the list goes on.
Property Facts
Price | $5,000,000 | Lot Size | 7.81 AC |
Price Per SF | $53 | Building Size | 94,779 SF |
Sale Type | Investment or Owner User | No. Stories | 2 |
Property Type | Specialty | Year Built | 1958 |
Property Subtype | Schools | Tenancy | Single |
Building Class | C | Parking Ratio | 4.01/1,000 SF |
Price | $5,000,000 |
Price Per SF | $53 |
Sale Type | Investment or Owner User |
Property Type | Specialty |
Property Subtype | Schools |
Building Class | C |
Lot Size | 7.81 AC |
Building Size | 94,779 SF |
No. Stories | 2 |
Year Built | 1958 |
Tenancy | Single |
Parking Ratio | 4.01/1,000 SF |
PROPERTY TAXES
Parcel Number | 07-44-25-P3-03618.0010 | Improvements Assessment | $6,430,121 |
Land Assessment | $690,688 | Total Assessment | $7,317,147 |
PROPERTY TAXES
Parcel Number
07-44-25-P3-03618.0010
Land Assessment
$690,688
Improvements Assessment
$6,430,121
Total Assessment
$7,317,147
zoning
Zoning Code | RS7 (Residential Single Family District) |
RS7 (Residential Single Family District) |
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940 Tarpon St
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