621 Ortiz Ave - Glenwood Development
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621 Ortiz Ave - Glenwood Development
9.8 Acres of Residential Land Offered at $4,050,200 CAD 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 | $4,050,200 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 9.80 AC |
| Price | $4,050,200 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 9.80 AC |
1 LOT AVAILABLE
Lot
| Price | $4,050,200 CAD | Lot Size | 9.80 AC |
| Price Per AC | $413,285.70 CAD |
| Price | $4,050,200 CAD |
| Price Per AC | $413,285.70 CAD |
| 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 CAD |
| Land Assessment | $288,458 CAD | Total Assessment | $288,458 CAD |
PROPERTY TAXES
Parcel Number
09-44-25-00-00018.0010
Land Assessment
$288,458 CAD
Improvements Assessment
$0 CAD
Total Assessment
$288,458 CAD
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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