• MLS® #: 217019669
  • Riverside Beach C/e Dr

  • FORT MYERS, FL 33919
  • $14,000,000
  • 8.12 Acres
  • Land
  • Office: Miloff Aubuchon Realty Group

Riverfront Redevelopment Opportunity. Beautiful 8 acre riverfront gulf access property in Fort Myers with 665 feet of sandy frontage and 14 boat slip docks. Currently 14 units, 2 bedroom 2 bathroom condominiums, 2 bldgs, 2 stories with detached garages for each unit. Built in 1980's, units range from 1,300 to 1,400 sf. All owners have agreed to sell the property in its entirety. Redevelopment maximum potential under existing codes is between 80 to 112 units depending on election of bonus programs. Zoned RM-2. County codes allow one additional foot per 1/2 foot of setback increase, estimated 10 to 12 story building achievable, possibly up to 14 stories. May use buildings for rental income as development applications proceed.

Essential Information

  • MLS® #217019669
  • Price$14,000,000
  • Acres8.12
  • TypeLand
  • Sub-TypeAcreage
  • StatusActive
  • HOA Fee$0
  • Master HOA Fee$0
  • Condo Fee$0
  • Taxes$20,000
  • Tax Year2016

Community Information

Amenities

  • AmenitiesCommunity Pool
  • ViewRiver
  • Is WaterfrontYes
  • Gulf AccessYes

Utilities

Cable, Electric, Irrigation Water, Other/See Remarks, Trash Removal, Water

Waterfront

Gulf Frontage, Navigable, River Frontage, See Remarks

Exterior

  • Lot DescriptionSee Remarks

Additional Information

  • Date ListedMarch 13th, 2017
  • Days on Market249
  • ZoningRM-2

Property Location

Get directions to this property:
Please provide a valid email address.

The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on November 18th, 2017 at 7:00am EST.