261 Maine AVE, Fort Myers, FL 33905 | MLS 216010751 | Listing Information | Real Living Cypress Realty, Inc. | Real Living Real Estate
Real Living Cypress Realty, Inc.
239-275-3321

261 Maine AVE,  Fort Myers FL, 33905

Status: Sold
MLS#: 216010751
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Real Living Cypress Realty, Inc.
239-275-3321

Listing Provided Courtesy Of: List In MLS Realty, LLC
Last Updated: 12/8/2016 6:53 PM
Description for 261 Maine AVE Fort Myers, FL 33905
23 lot Gulf Access Subdivision on 13.39 acres. This property was purchased to develop in 2004 for $1,650,000. Lost to foreclosure in 2008. Survey and 26 page subdivision site plan. 100 ft. wide deep canal direct gulf access. Great location for executive who wants water and easy access to I75. 1,900 linear feet of waterfront. City water and sewer. Can immediately build a spec home on front 1/3 acre lot. This is the last large gulf access subdivision/acreage in Lee County. This 13.39 acres consists of 4 parcels that has been approved and vested as a platted 37 lot subdivision. A new site plan was strategically designed for highest and best use to avoid wetland issues. This development was 60% percent through the permitting process before it went into foreclosure in 2008. An investment firm had purchased this property in 2013 as an REO from a bank. Now, due to the lack of inventory, they have decided it is a good time to resell. Great opportunity for a developer/builder/investor to take advantage of this below market waterfront land. This is priced as a cash deal.
Price
Sold Price:
$420,000
Sold Date:08/01/2016
2
Lee
216010751
Closed
Description
23 lot Gulf Access Subdivision on 13.39 acres. This property was purchased to develop in 2004 for $1,650,000. Lost to foreclosure in 2008. Survey and 26 page subdivision site plan. 100 ft. wide deep canal direct gulf access. Great location for executive who wants water and easy access to I75. 1,900 linear feet of waterfront. City water and sewer. Can immediately build a spec home on front 1/3 acre lot. This is the last large gulf access subdivision/acreage in Lee County. This 13.39 acres consists of 4 parcels that has been approved and vested as a platted 37 lot subdivision. A new site plan was strategically designed for highest and best use to avoid wetland issues. This development was 60% percent through the permitting process before it went into foreclosure in 2008. An investment firm had purchased this property in 2013 as an REO from a bank. Now, due to the lack of inventory, they have decided it is a good time to resell. Great opportunity for a developer/builder/investor to take advantage of this below market waterfront land. This is priced as a cash deal.
Listing Information
Property Type: Land
13.39 Acres
2
Central Water
No Sewer, Central Sewer
Cable TV, Electric, Other, Telephone, Sewer, Underground Wiring, Water
Neighborhood
Room Information
Exterior / Lot Features
Water, Canal
RS-1
Irregular
Navigable, Canal, River, Dead End Street, Paved Road, Public Roads, Irregular, Oversize, Irrigation well
Financial Considerations
34-43-25-02-00019.0140
$727
2015
Listing Price History

Fort Myers Real Estate

Fort Myers is located in Florida. Fort Myers, Florida 33905 has a population of 63,427.

The median household income in Fort Myers, Florida 33905 is $37,322. The median household income for the surrounding county is $48,453 compared to the national median of $53,046. The median age of people living in Fort Myers 33905 is 37.6 years.

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Courtesy: List In MLS Realty, LLC
The information provided by this website is for the personal, non commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2016 Greater Fort Myers and The Beach Inc. All rights reserved.
Information is deemed reliable but is not guaranteed.

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