Excellent Development Opportunity in Fort Myers, FL

Property Summary Price: $16,000,000 Address: 3851 Colonial Blvd. Fort Myers, FL 33918 Lot Size: 40 Acres Property Type: Land Property Sub-Type: Commercial/Other Property Use Type: Investment – Development Zoning: B-1 *OWNER IS WILLING TO FINANCE WITH 50% DOWN. Description Outstanding Development Opportunity in Fort Myers. An urban commercial 40 acres land with a site approved of 652 units. Zoning B-1 which made it the ideal location for Shopping Center, Hotel, Office building, Assisted Living or Multifamily Residential (25 units per acre). It can be 35 units per acre with variance for a total of 1400 units.  Property located within the corporate city limits of Ft. Myers. The land  use designation is business district one (B-1), general commercial.  Location: The Property is located on Colonial Boulevard.  Location Details: Fort Myers is the county seat and commercial center of Lee County, Florida. Fort Myers is a gateway to the Southwest Florida region and a major tourist destination within Florida. The winter homes of Thomas Edison (“Seminole Lodge”) and Henry Ford (“The Mangoes”) are a primary tourist attraction in the region. The city is named after Colonel Abraham Myers.