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21681 Pelican Sound Drive - Pelican Sound 11 11 Acres of Commercial Land Offered at $10,900,000 in Estero, FL 33928



INVESTMENT HIGHLIGHTS
- 11± acres of vacant land in Estero, FL
- Zoned MPUD
- Zoning allows for a range of residential and complementary uses
EXECUTIVE SUMMARY
LSI Companies is pleased to present this 11 +/- acre development opportunity located within the Village of Estero, Florida - one of Southwest Florida’s most desirable and af?uent communities.
Positioned fronting the primary entrance to Pelican Sound Golf & River Club, and minutes from Coconut Point Mall along US-41 just south of Corkscrew Rd, this site offers an exceptional blend of location, access, and development potential.
The property lies within an established Mixed-Use Planned Unit Development (MPUD), allowing for a range of residential and complementary uses. With zoning that supports low to medium-density residential development, the site is ideal for a thoughtfully designed townhome or residential enclave that aligns with Estero’s vision for balanced growth and community character, or a mixed-use development as currently entitled.
This offering represents a rare opportunity to acquire a clean, well-located parcel in one of Lee County’s most sought-after markets-poised for continued residential and economic expansion. Estero has quickly become one of Southwest Florida’s most desirable places to live, driven by steady year- over- year population growth, and new commercial residential developments.
Positioned fronting the primary entrance to Pelican Sound Golf & River Club, and minutes from Coconut Point Mall along US-41 just south of Corkscrew Rd, this site offers an exceptional blend of location, access, and development potential.
The property lies within an established Mixed-Use Planned Unit Development (MPUD), allowing for a range of residential and complementary uses. With zoning that supports low to medium-density residential development, the site is ideal for a thoughtfully designed townhome or residential enclave that aligns with Estero’s vision for balanced growth and community character, or a mixed-use development as currently entitled.
This offering represents a rare opportunity to acquire a clean, well-located parcel in one of Lee County’s most sought-after markets-poised for continued residential and economic expansion. Estero has quickly become one of Southwest Florida’s most desirable places to live, driven by steady year- over- year population growth, and new commercial residential developments.
PROPERTY FACTS
| Price | $10,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 11.00 AC |
| Property Type | Land | ||
| Zoning | MPD - MPD - Mixed Use Planned Development Village Center | ||
| Price | $10,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 11.00 AC |
| Zoning | MPD - MPD - Mixed Use Planned Development Village Center |
1 LOT AVAILABLE
Lot
| Price | $10,900,000 | Lot Size | 11.00 AC |
| Price Per AC | $990,909.09 |
| Price | $10,900,000 |
| Price Per AC | $990,909.09 |
| Lot Size | 11.00 AC |
11± Acres - One Of The Last Remaining Village Centers In Estero, FL
PROPERTY TAXES
| Parcel Number | 33-46-25-E3-U1897.2320 | Improvements Assessment | $0 |
| Land Assessment | $6,705,804 | Total Assessment | $6,705,804 |
PROPERTY TAXES
Parcel Number
33-46-25-E3-U1897.2320
Land Assessment
$6,705,804
Improvements Assessment
$0
Total Assessment
$6,705,804
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21681 Pelican Sound Drive - Pelican Sound 11
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