Listed by Coldwell Banker Commercial NRT Pensacola
$3,168,000
621 Ortiz Ave, Fort Myers Fl
Details
Property Type Land
Sub Type Residential
Acreage 9.800
Zoning RPD
Land | 9.8 acres
Marketing description
Introducing Glenwood Development at 621 Ortiz Ave, Fort Myers, FL 33905, offering ±9.8 acres of shovel-ready land for a multifamily project. This fully entitled property boasts approval for 144 units, featuring Residential Planned Development zoning with up to 48 bonus density units, and by-right zoning in place. With water, sewer, and electric utilities available on-site, construction can commence immediately. Enjoy convenient access to major routes like I-75, SR-82, US-41, and downtown Fort Myers, attracting private developers interested in garden-style apartments or townhomes. The Offering Memorandum highlights robust population and rental growth in Fort Myers, with a rising population of approximately 99,918 residents and a median household income of around $63,732. For those eyeing a prime investment opportunity in a thriving market, Glenwood Development offers the ideal location and potential for a successful residential project. Contact us for more details on this exclusive offering.
Investment highlights
Residential Planned development (RPD)
Approved Density 144 units
Utilities water, sewer and electric available to site
Frontage 330 on Ortiz Ave
Proximity to I-75, SR-82, US 41 and downtown Fort Myers
Strong population and rental growth fundamentals
Ideal for garden-style multifamily or townhome development.
Listing Contacts
Listed by Coldwell Banker Commercial NRT Pensacola
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