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$ 800,000
$ 1,150,000 30.4%
Est. payment | /mo
8.11 Acres Lot
$ 800,000
$ 1,150,000 30.4%
Est. payment | /mo
8.11 Acres Lot
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Multi_SF
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222020356
Sold Date 01/03/25
HOA Y/N No
Originating Board Naples
Annual Tax Amount $3,186
Tax Year 2021
Lot Size 8.110 Acres
Acres 8.11
Property Description
8.11± acres off Michigan Avenue, zoned RS-7 with canal frontage. The site's future land use designation of RLD (Residential Low Density) allows single-family detached, zero lot line structures and single-family attached structures. The maximum densities permitted is 7 dwelling units per acre. Potential to increase the density to 12 multi-family units/acre subject to amendment of the Comprehensive Plan to change the FLU to RMD (Residential Medium Density).
Location
State FL
County Lee
Area Not Applicable
Zoning RS-7
Interior
Fireplace No
Exterior
Utilities Available Other
Waterfront Description Canal Front
View Y/N Yes
View Canal
Present Use 03-Multi-Family-10 Units Or More
Street Surface Paved
Garage No
Building
Lot Description See Remarks
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 18-44-25-P2-00026.0000
Listed by CRE Consultants LLC • Fred Kermani