4460 SCOTT Ave. Multifamily

Vacant Land for Sale
Catylist Listing ID: 29992877
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 3.28 Acres
Sale Price: $129,000
Unit Price: $39,329 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2019

Overview / Comments

Current zoning (TFC-2) allows approximately 15 duplex units, however the parcel lies in the Central Urban Land Use and may qualify for "Bonus Density" up to 50 units.

Property sets at east end of Scott Ave. and adjacent to the Northeast corner of Billy Bowlegs Park in East Fort Myers.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Taxing Authority: Lee County
Tax ID/APN: 09-44-25-20-00002.0K00
Zoning: TFC-2
Property Visibility: Fair
Legal Description: Shady Oaks TRLR Village Replt BK 2, PB 12, PG 136, Lot K
Largest Nearby Street: Palm Beach Blvd
Highway Access: Scott Ave. to west to Prospect Ave. north to Palm Beach Blvd. NE to I-75
Airports: RSW
Site Description: Wooded, Rectangle tract
Area Description: Blue collar area with many rental properties
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,190 39,072 99,533
Median Age: 28.31 38.93 41.2
Households: 3,169 14,598 40,256


Photograph of Listing Agent

Brad Welborn, CCIM

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