4225 Michigan Link, Fort Myers, FL 33916

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Sold Price
$380,000
List Price
$380,000
Status
CLOSED
Days on Market
36
Closing Date
May 16, 2024
MLS#
224033211
Subtype
Land
Lot Size
87,773
Acres
2.02
Subdivision
Whitehead Creek Subdivision
Neighborhood
Whitehead Creek Subdivision
MLS Area Major
FE02 - East Fort Myers Area

Property Description

Large 2.01 acre commercial lot in the city of Fort Myers zoned Commercial Intensive. Property is also in an opportunity zone. This zoning classification allows in addition to many forms of retail, most notably Multi-Family up to 40 units per acre. Very lucrative opportunity to build workforce rental apartments , condos, or townhouses. But also fully enclosed indoor Self Storage as well. Retail, and places of worship allowed. Vehicles and boats are permitted to be stored outside however. Commercial Intensive is the broadest use zoning classification. Up to 5 stories or 70 ft max height. Setback is 15 feet around perimeter. Storm water control can be connected to storm drain pipe along Michigan Ave side, which drains in a nearby canal. Hydrocarbon exfiltration can be installed under parking lot location for maximum space utilization. Fantastic infill development opportunity.

Additional Information

Taxes
$1,416
Zoning
CI
View
City

Courtesy of MVP Realty Associates LLC.

Selling Office: MVP Realty Associates LLC.

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