25.90± Acres - Siesta Lakes

Vacant Land for Sale
Catylist Listing ID: 30699958
Property Subtypes: Multi-Family
Gross Land Area: 25.90 Acres
Sale Price: $6,500,000
Unit Price: $250,965 Per Acre
In Opportunity Zone? Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/20/2021

Overview / Comments

The Siesta Lakes project is located at the NE corner of NW 6th Ave. and NW 1st Ln., within corporate limits of the city of Cape Coral, Lee County, Florida. The property is 15 miles from I-75 via SR 78 (Pine Island Rd.) and 15 minutes from downtown Fort Myers via US 41.

• RML Zoning - Maximum density of 16 dwelling units per acre w/ a max height of 50’
• Multiple Family Residential future land use - supports the use of this site per the previously approved plans and is consistent with zoning.

The City of Cape Coral Water and Sewer has provided Gravity Sewer, Public Water and Irrigation to the site.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 114423C4025800000
Zoning: RML

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,226 55,704 121,935
Median Age: 35.64 37.86 41.07
Households: 1,422 20,228 46,448

Contact

Photograph of Listing Agent

Jennifer Castriotta

RE/MAX REALTY GROUP SWFLCA Member
Photograph of Listing Agent

Harold Arkin

RE/MAX REALTY GROUP Not a member of SWFLCA
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