• Broker Angie Lester 3528170600

940 Tarpon St

94,779 SF Specialty Building Offered at $5,000,000 in Fort Myers, FL 33916

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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.

ATTACHMENTS

Marketing Brochure/Flyer

PROPERTY FACTS

Price $5,000,000
Price Per SF $52.75
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype School
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

ZONING

Zoning Code RS7 (Residential Single Family District)

Map of 940 Tarpon St Fort Myers, FL 33916

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