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.
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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 |
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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