11088 Kelly Rd

Own in Fort Myers?
Beds
4.61
Acre
$1,193,059
$/Acre
Land
Lake, Water View
Prime 4.6-Acre Development Opportunity with Entitlements for 69 Residential Units in Fort Myers, FL Discover an exceptional investment opportunity with this expansive 4.6-acre parcel, ideally located at 11088 Kelly Rd, Fort Myers, FL 33908. Recently rezoned to allow 69 residential units, this cleared and build-ready property offers the perfect setting for a condominium or multifamily project, with significant flexibility for developers and investors. Development Ready: Zoned for 69 residential units, up from the previous 46, allowing for a substantial increase in potential yield. Natural Amenities: Includes two pristine lakes, adding value and appeal to prospective developments, with no wetlands to limit building options. Ideal Location: Situated in a growing area of Fort Myers, close to shopping, dining, and major roadways, providing both convenience and high desirability for future residents. Flexible Sale Terms: Owner open to outright sale, joint venture opportunities, and willing to carry a mortgage note for qualified buyers. This property’s size, zoning flexibility, and natural amenities make it a standout choice for high-quality, high-demand residential development. Don’t miss this chance to bring a profitable vision to life on a prime piece of Fort Myers real estate. Contact us for further details or to discuss potential collaboration.
MLS Number: 224089493
Updated: 701 Days ago
Page Views: 0
See something off? Wrong price, photos, beds, or a status that already changed.

Features

All features
  • Approx SqFt Total Area: 200376
  • Property SqFt: 200376
  • Remarks: Prime 4.6-Acre Development Opportunity with Entitlements for 69 Residential Units in Fort Myers, FL Discover an exceptional investment opportunity with this expansive 4.6-acre parcel, ideally located at 11088 Kelly Rd, Fort Myers, FL 33908. Recently rezoned to allow 69 residential units, this cleared and build-ready property offers the perfect setting for a condominium or multifamily project, with significant flexibility for developers and investors. Development Ready: Zoned for 69 residential units, up from the previous 46, allowing for a substantial increase in potential yield. Natural Amenities: Includes two pristine lakes, adding value and appeal to prospective developments, with no wetlands to limit building options. Ideal Location: Situated in a growing area of Fort Myers, close to shopping, dining, and major roadways, providing both convenience and high desirability for future residents. Flexible Sale Terms: Owner open to outright sale, joint venture opportunities, and willing to carry a mortgage note for qualified buyers. This property’s size, zoning flexibility, and natural amenities make it a standout choice for high-quality, high-demand residential development. Don’t miss this chance to bring a profitable vision to life on a prime piece of Fort Myers real estate. Contact us for further details or to discuss potential collaboration.
  • View: Lake, Water
  • Association Fee: No info
  • Office Name: Zivkovic & Associates
  • Exterior Features: No info
  • Taxes: 3160.3
  • Tax Year: 2023

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Best of Luxury Realty
Talk to a local advisor
Licensed advisors answering your questions across Fort Myers, FL
01
Licensed Brokerage
02
Local Advisors
03
Direct Answers
Exclusive real estate service partner

Price History

Date
Event
Price
Change
Price Per
11/12/2024
Listed
$5.5M
 
$27 ft2
$295 m2
11/12/2024
$5.5M
Event
Listed
Price Per
$27 ft2
$295 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Guido Spinelli • Zivkovic & Associates • Buyer Agency Compensation .
Tour This Property
Choose an in-person or video tour with a licensed local advisor
A local advisor will confirm availability
Ready to Make an Offer?
Get expert guidance from a local advisor

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear

Other Fort Myers, FL Homes & Condos Price Range Segments