Waterfront Mixed-Use Site

Vacant Land for Sale
Catylist Listing ID: 30152982
Gross Land Area: 1.35 Acres
Sale Price: $1,800,000
Unit Price: $1,333,333 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/2/2018

Overview / Comments

This 1.35± acre waterfront, mixed-use development site is currently zoned CG -
Commercial General, with possible uses, including but not limited to: residential
condominium, hotel condominium, hotel and ACLF. There is an existing 4,000±
SF warehouse on the subject site. Additionally, an adjacent CG zoned 1.14±
acre site with 27,300± SF improvement is also for sale.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 074425P4001090050
Area Description: Just off of Palm Beach Boulevard, overlooking the Caloosahatchee River. East of Oasis Towers and adjacent to the City Riverside Park.
Zoning Description: ZONING: CG - Commercial General (City of Fort Myers) Approved for 25 units per acre by right FUTURE LAND USE: C/C (Corridor Commercial), which allows density of up to 60 units per acre, through bonus density

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,325 56,097 119,011
Median Age: 42.4 40.43 42.62
Households: 2,295 22,185 49,197


Photograph of Listing Agent

Fred Kermani CCIM, AIA

CRE Consultants SWFLCA Member
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