785 Freemont Street | Fort Myers, FL 33901
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785 Freemont Street
Fort Myers, FL 33901
Auction | 36-Unit By Right Waterfront Lot · Land For Sale
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1.19 AC
Investment Highlights
- STARTING BID $300,000 | 36-Unit By Right Waterfront Lot | RM-16 Zoning | Dock & Rip Rap Complete| AUCTION SEPTEMBER 26-28, 2023
- DEVELOPMENT POTENTIAL | Site plan has been previously approved for 16 units (up to 36 units by right)
- RESIDENTIAL ZONING | Flexible RM-16 zoning district allows up to 18 units or 36, one-bedroom rental units by right
- RARE OPPORTUNITY TO ACQUIRE HIGHLY DESIREABLE WATERFRONT LOCATION | ±1.19 acres on the Caloosahatchee River with 195’ of frontage and dock
- LONG-TERM VALUE-ADD | Conditional Use application process available with no public input for additional 16 units per acre (32 units/ac)
- SURGING HOME AND RENTAL DEMAND | Average Fort Myers home listing price at $373K, land comps at +$1.5M/AC, 2-bedroom rents average $2K/MONTH
Property Facts
Property Taxes
| Parcel Number | 07-44-25-P3-00111.0140 | Improvements Assessment | $0 |
| Land Assessment | $404,800 | Total Assessment | $478,493 |
Property Taxes
Parcel Number
07-44-25-P3-00111.0140
Land Assessment
$404,800
Improvements Assessment
$0
Total Assessment
$478,493
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