9820-9860 Orange River Boulevard, Fort Myers, FL 33905

$1,200,000
List Price
$1,200,000
MLS#
SWFL-221026272
Status
ACTIVE
County
Lee
City
Fort Myers
Subdivision
Terry Tice + Vanderwalker
Acres
10.23

Property Description

9820 & 9860 Orange River Blvd total 10.23 acres, allowing up to 100 multifamily units or 150 multi-family (Affordable Housing) units, based on the Future Land Use. The buyer would need to tear down existing buildings, and rezone to the entitled use of "Central Urban" to begin construction. Otherwise, they may maintain use of existing property and land uses. Current zoning: the front 1.73 acres are (C-1) Commercial, and the rear 8.5 acres are (RS-1) Residential. On the two properties, sit 4 buildings: a commercial building (1976) with 4514 AC SF - on a month to month lease, a residential building (1955) with 775 AC SF - on a month to month lease, a residential building with 624 AC SF - not operable, and a 480 SF shed. The future land use is “Central Urban” which allows up to 10 units per acre or 15 units per acre (affordable living). Flood Zone X. (03-44-25-01-00054.0000 & 03-44-25-01-00054.0010). (2020 taxes total for both properties $5,753.03).

Additional Information

Days on Market
9

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Realty Group.