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5100 ISLAND VILLAGES CIRCLE UNIT A-U

Lots/Land For Sale
$15,000,000

BTC: 238.09145887

ETH: 4,843.13098732

-$360K (2024/03/13)
268 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

This is a great opportunity to develop up to 480 units and the Development Order on this project will never expire in SW Florida. The development project has partial infrastructure in place. Lee County has already approved the Four Plex Master Building Plan. This Property is Fully Entitled, shovel ready, and permitted to build 120 four-plex buildings. The development plans and condo docs have been completed. There is a total of 131`acres with 66 acres buildable , the balance is conservation land. City water is to 25% of the property, the sewer runs the graded loop, LCEC power easement is granted and recorded, and culverts are 80% completed. Recreation center is partially built. The project meets all the new FEMA flood elevation standards. Contact us today to purchase the entire development. Ron Abboud is related to Seller and Co-Lister on the property.

Location

Facts and features

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
66.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$400
All facts and features
  • Lot

    • Lot: 66.00 Acres

    Other Property Information

    • Parcel Number: 0445220000010.1170

    • Zoning: RM2

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

    • Other

    • Sewer Nearby

    • Water Nearby

  • Other financial information

    • HOA: $400

    • HOA Frequency: Monthly

    • Annual tax amount: $7,006

  • Source details

    • MLS ID: A4578269

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: Varies

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER COMMERCIAL NRT