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1950 Grace Ave 0.5 Acres of Commercial Land Offered at $299,000 in Fort Myers, FL 33901

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INVESTMENT HIGHLIGHTS

  • Located just off signalized intersection of US-41
  • Water credits available
  • Approvals in place for a 30-unit senior living, with several alternate uses available including office
  • Close to public transportation bus stops
  • Tax incentives available

EXECUTIVE SUMMARY

Prime development opportunity just off a signalized intersection on US-41, offering excellent accessibility and visibility. This centrally located site is close to public transportation bus stops, providing convenience for future residents or employees.
With approvals in place for a 30-unit senior living facility, the property also allows for several alternate uses, including office. Water credits and potential tax incentives add extra value, making this a flexible and advantageous site for developers or investors seeking a well-located project in Fort Myers.

PROPERTY FACTS

Price $299,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units - Condo
  • Office Park
Total Lot Size 0.50 AC
No. Stories 1
Zoning CI - Zoning is Commercial Intensive use in Cleveland ave redevelopment area. Incentives available

1 LOT AVAILABLE

Lot

Price $299,000
Price Per AC $598,000.00
Lot Size 0.50 AC

Zoned Commercial Intensive CI in Cleveland Ave redevelopment area. Incentives available. City approved attached site plan 30 units apartment/hotel/corporate housing Alternative Office plans. Water credits available. Tax incentives available.

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36372121

  • Date on Market: 6/24/2025

  • Last Updated:

  • Address: 1950 Grace Ave, Fort Myers, FL 33901

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