www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32794573
32795077

4 Locations

MS
FL Bk3161557
Royal Shell Real Estate
Listed by Royal Shell Real Estate
$696,000
20 days on market
Updated 20 days ago

NC-Zoned Land & Duplex Near Downtown Fort Myers

Details
Property Type Land, Mixed Use (+1)
Sub Type Residential, Commercial
Square Footage 3,048
Units 6
Class B
Year Built 1954
Buildings 1
Acreage 0.26 - 0.69
Zoning Neighborhood Commercial
Parking Spaces spaces
Investment Type Value Add
Ground Lease No
Sale Condition N/A

Income-Producing Duplex + 3 NC-Zoned Development Parcels

Marketing description

Exceptional investment opportunity in one of Fort Myers' most strategic locations. This rare 4-parcel package sale offers the perfect combination of immediate income potential and significant development upside.

The Package: The anchor property at 2243/2245 Altamont Ave is a vintage duplex (built 1954) featuring 3,048 SF of living space, new roof installed 2-3 years ago, attached garages, and a large concrete driveway sitting on 0.26 acres. Three adjacent vacant lots on Clifford Street add an additional 15,613 SF of prime NC-zoned land ready for your vision.

The Zoning Advantage: All 4 parcels are zoned NC (Neighborhood Commercial) by the City of Fort Myers, allowing residential, professional office, retail, personal services, and mixed-use development. This package also qualifies under Florida's Live Local Act, opening the door for affordable multifamily development at increased density.

The Location: Positioned in the heart of Fort Myers, this package sits steps from Lee Memorial Hospital, minutes from Downtown Fort Myers, Edison Mall, Legacy Harbor Marina, Publix, and the beautiful Caloosahatchee River — making it attractive for medical professionals, developers, and investors alike.

The Opportunity: Whether you are looking to hold and collect rental income while planning development, redevelop the entire site commercially, or take advantage of the Live Local Act for multifamily — this package delivers multiple exit strategies.

All 4 parcels sold as a package only. No HOA. No flood history. Cash or Conventional financing.

Investment highlights

Rare 4-Parcel Package Sale — Must Sell Together

  • 4 separate NC-zoned parcels totaling 27,127 SF (0.69 acres)
  • Existing duplex (3,048 SF built 1954) with new roof (2-3 years)
  • 3 vacant lots with immediate development potential
  • NC Zoning (Neighborhood Commercial) — allows residential, office, retail and mixed-use
  • Qualifies under Florida Live Local Act for affordable multifamily development
  • Prime location — steps from Lee Memorial Hospital, Downtown Fort Myers, Edison Mall, Legacy Harbor Marina and Caloosahatchee River
  • No HOA — No flood history
  • Cash or Conventional financing only
  • All parcels must close simultaneously

Listing Contacts

MS
FL Bk3161557
Royal Shell Real Estate
Listed by Royal Shell Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Wade H. Abed
License
BK3415965
Brokerage
Royal Shell Real Estate
Title
Broker of Record
Name
Mel Smith
License
Bk3161557
Brokerage
Royal Shell Real Estate
Brokerage Phone
2393333555
Title
Real Estate Associate Broker
Brokerage Address
7290 College Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591