Tranquility Bay / Pine Island

Vacant Land for Sale
Catylist Listing ID: 30499307
Property Subtypes: Residential (Single Family)
Gross Land Area: 73.96 Acres
Sale Price: $5,700,000
Unit Price: $77,068 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/2/2020

Overview / Comments

Residential Development Opportunity with 1,683± feet on Matlacha Pass in Bokeelia. Master Concept Plan includes 56 single family homes with boat slips, a clubhouse / recreational facility plus lakes and preserve areas. Water available from Stringfellow Rd., private wastewater treatment plant required upon development. Environmental Report, Traffic Study and more available. Consists of 6 parcels totaling 73.96± acres. Located just east of Stringfellow Rd. on Pine Island.

Attachments & Media

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 16-44-22-10-00000.0090; 16-44-22-10-00000.008A; 16-44-22-00-00002.0000; 16-44-22-00-00004.0000; 16-44-22-05-00000.0040; 16-44-22-00-00007.0000
Zoning: RPD - RESIDENTIAL PLANNED DEVELOPMENT
Property Located Between: Located just east of Stringfellow Rd. in Bokeelia on Pine Island
Largest Nearby Street: Stringfellow Rd
Development Name: Tranquility Bay
In Flood Plain?: Yes
Available Utilities: Electric
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,713 12,945
Median Age: 52.78 47.1
Households: 2,187 5,273

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