Prime RM-2 Infill Development Site Near Sanibel
Prime RM-2 Infill Development Opportunity Near Sanibel
Marketing description
Rare opportunity to acquire an approximately 0.40-acre corner parcel zoned RM-2, allowing for up to 5 residential units, subject to buyer verification and approvals.
This mostly cleared site is ideally positioned at the intersection of Iona Road and Peppertree Drive, offering strong access and visibility within an established Fort Myers neighborhood near McGregor Boulevard, marinas, and the Caloosahatchee River.
Public utilities are available including water, sewer, electric, and underground wiring. No HOA restrictions provide flexibility in planning and development.
This property is well-suited for small multi-family development, duplex configuration, or a custom residential project. Parcels with this zoning, size, and location are becoming increasingly limited in this area.
Buyer to conduct all due diligence regarding zoning, density, and permitted uses. Seller will not delay closing for development approvals.
Investment highlights
- RM-2 zoning
- Corner parcel
- Flat site
- Cleared
- Public water
- Public sewer
- Electric available
- High-demand Iona corridor
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