Mahana Breeze
8.35± Acre Shovel Ready Multi-Family Development Site
Marketing description
LSI Companies is pleased to present Mahana Breeze, a fully entitled, shovel ready development opportunity with approvals for 116 multifamily units.
This 8.35± acre infill site has a fully approved development order, ERP, and RM-2 zoning in place. The current development order includes plans for an amenitized multifamily project consisting of 116-units across three, four-story buildings, offering a rare opportunity to acquire the only shovel ready development site in this market. Additionally, the site benefits from prior SFWMD approvals for a 68-unit townhome project, which could be revised and reinstated.
The site is situated in the highly sought after Iona corridor of Fort Myers, just minutes from Fort Myers Beach, Sanibel, and Captiva Island. The property stretches from McGregor Boulevard to Kelly Road, with direct access from both roadways. Conveniently located near grocery, shopping, and entertainment, this site offers effortless access to both daily essentials and major tourist destinations of Southwest Florida.
Investment highlights
• Rare 8.35± acre fully entitled and shovel ready multifamily development opportunity
• Development order in hand, with approvals for 116 multifamily units, with amenities
• Prior ERP approved plans for a 68-unit townhome project
• Located in the highly sought after Iona corridor of Fort Myers
• Direct frontage and access from both McGregor Boulevard and Kelly Road
• Active ERP in place
• Quick access to Fort Myers Beach and the barrier islands
• Close proximity to major commercial hubs, grocery stores, recreation areas, and tourist attractions
• The only shovel ready site available in this market area
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