$1,200,000

9820-9860 Orange River Boulevard

FORT MYERS FL, 33905

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).

Details

MLS#221026272
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site7

Features

ZoningC-1
Acreage10.23
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Area Information
StateFL
CountyLee
CityFORT MYERS
Zip Code33905
AreaFE05 - East Fort Myers Area
Community NameTERRY TICE + VANDERWALKER
Listing VS Median (in TERRY TICE + VANDERWALKER)
Price:
$1,200,000
low | high
Med:
$600,424
99.964625% of Average
On Site:
7
low | high
Med:
9
77.777777777778% of Average
Sourced by Back At You
Listing Updated: April 13, 2021 8:38:21 AM PDT
Jennifer Castriotta LogoMLS Number: 221026272
Listing Provided By:
Jennifer Castriotta  of  RE MAX Realty Group

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