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Listing provided courtesy of Key Real Estate - MLS#223086451MLS Provider

4092 Princeton StreetFORT MYERS, FL 33901

Vacant Land · 4.50 Acres

$850,000 Active

Overview

Time on Site:
8 days
Visits:
0

Situated in a strategic location, this development-ready property offers a myriad of possibilities for the discerning developer or investor. This 4.35± acre site offers unparalleled convenience. This versatile parcel, is approved for 80 multifamily units or 154 assisted living units. Envision a thriving multifamily community, capitalizing on the prime location or explore the potential for a state-of-the-art assisted living facility, meeting the rising demand for senior living options. Offering swift access to downtown Fort Myers, Cape Coral, US 41, I-75, and the Southwest Florida International Airport.

View Map

Facts & Features

  • Type Vacant Land
  • Lot 4.50 Acres

General

Association/HOA
  • Association Amenities: None
  • Association Fee: 0
  • Association Fee 2: 0
  • Association Fee Includes: None
Listing Information
  • Transaction Broker Compensation: 2.5%
Business Information
  • Current Use: Other,See Remarks
Location/Region
  • County Or Parish: Lee
  • MLS Area Major: FM02 - Fort Myers Area
  • Postal City: FORT MYERS
  • Subdivision Name: NOT APPLICABLE
Community/Development
  • Community Features: Non-Gated
Rent/Lease Information
  • Land Lease Amount: 0
  • Lease Considered: 0
Tax Information
  • Tax Annual Amount: 4455.39
  • Tax Year: 2022
General Information
  • Parcel Number: 35-44-24-P3-02200.0060
  • Possible Use: See Remarks
  • Property Sub Type: Acreage
  • Property Type: Land

Interior

General Information
  • Cooling: See Remarks

Exterior

Lot Information
  • Irrigation Source: None
  • Lot Dimensions Source: Survey
  • Lot Features: See Remarks,Acreage
  • Lot Size Acres: 4.5
  • Lot Size Area: 4.5
  • Lot Size Dimensions: 0 x 0 x 360 x 700
  • Lot Size Source: Survey
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road
  • Water Source: None
Waterfront/View
  • Waterfront Features: Lake
  • Waterfront: 1
Building Exterior/Construction
  • Direction Faces: South
General Information
  • Covered Spaces: 0
  • Sewer: None
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Other,Phone Available,Sewer Available,Trash Collection,Water Available,Sewer Not Available,Water Not Available

Neighborhood

Community

33901 (FORT MYERS) Demographics
45
Median Age
2,466
Population Density (per sq. mile)
32%
College Educated
$41,352
Estimated Median Income
3,755
Estimated Total Home Owners
5,281
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
2
Public
Allen Park Elementary School
  • Grades: PK - 5
  • Enrollment: 968
4
Public
Edison Park Creative And Expressive Arts School
  • Grades: PK - 5
  • Enrollment: 400
2
Public
Orangewood Elementary School
  • Grades: PK - 5
  • Enrollment: 595
Middle Schools
1
Public
Coronado High School
  • Grades: 7 - 12 /
  • Enrollment: 237
High Schools
1
Public
Coronado High School
  • Grades: 7 - 12 /
  • Enrollment: 237
4
Public
Fort Myers High School
  • Grades: 9 - 12 /
  • Enrollment: 1,964
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$743,978
Median Sales Price
$399
Median Price per Square Foot
0
Properties Sold
47
New on Market
51
Average Days on Market
217
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
11/20/2023Source: Southwest Florida/Gulf Coast MLS Added to Database
November 20, 2023