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5740 Bayshore RD North Fort Myers, FL 33917
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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224052011
Sold Date 08/06/24
Construction Status Tear Down / Value in Land
HOA Y/N No
Year Built 1961
Annual Tax Amount $3,003
Tax Year 2023
Lot Size 4.770 Acres
Acres 4.77
Property Sub-Type Multi Family
Property Description
BAYSHORE OPPORTUNITY!! 4.77 ACRES OF "PRIME" POTENTIAL COMMERCIAL LAND ON BAYSHORE ROAD LOCATED NEXT TO THE WINN DIXIE PLAZA BETWEEN US 41 AND I-75!! Majority of adjacent properties are already zoned and developed as Commercial. Currently AG-2 allotted for 4-10 multifamily units per acre. Environmental study in 2007 determined mostly upland. This report is available. Currently the property has 3 older homes/structures on it which are occupied. Occupants can either vacate or stay if rental income is desired until you are ready to develop. Unique opportunity with demand high for commercial land in this accelerated growth area.
Location
State FL
County Lee
Area Fn08 - North Fort Myers Area
Rooms
Bedroom Description NaN
Interior
Fireplace No
Exterior
Waterfront Description None
Garage No
Building
Story 1
Construction Status Tear Down / Value in Land
Others
Senior Community No
Tax ID 36-43-24-00-00014.0010
Financing Cash
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Bought with Kevin Shelly Realty Inc.