20 Acres Residential Development

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30295002
Property Subtypes: Agricultural, Residential (Single Family)
Status: Pending
Gross Land Area: 20 Acres
Sale Price: $490,000
Unit Price: $24,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/20/2020

Overview / Comments

20 acre cleared parcel five minutes from I-75 Exit 141 (Palm Beach Boulevard)
Current Agricultural 2 zoning allows up to 1 unit per/acre.. The Lee County comprehensive land use plan would allow rezoning up to 5 units per/acre or 80 units.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Taxing Authority: Lee County
Tax ID/APN: 02442500000070000
Property Located Between: Just east of I-75 and south of Palm Beach Boulevard SR 80
Property Visibility: Excellent
Largest Nearby Street: Orange River Boulevard
Feet of Frontage: 554
Site Description: Cleared and level
Area Description: Medium priced single family homes
Lot Frontage: 554
Lot Depth: 1,500+/-
Zoning Description: AG-2
In Flood Plain?: Yes
Topography: Level
Easements: Utilities
Soil Type: Sandy
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,152 30,993 76,927
Median Age: 56.9 38.66 38.26
Households: 988 11,114 28,509


Photograph of Listing Agent

Robert B White

Bob White Inc. SWFLCA Member
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