9820-9860 Orange River Blvd , FORT MYERS FL

$995,000 | $5,166 / Month*

List Firm - RE/MAX Realty Group
MLS #221026272



Lot Description: Regular
Street Construction: Access Road, County Maintained, Public Road
Zoning: C-1
Foreclosure: Yes
Waterfront: None
View: Partial Buildings, Privacy Wall, Wooded Area
Den: No
Utilities: Electric, Sewer, Water
Sewer Type: Central

PRICE REDUCED FOR MONTH OF MAY FROM $1.2 TO REDDUCED $950.000 GREAT PROPERTY FOR CONTRACTOR TO RUN HIS BUSINESS OUT OF EXISTING BUILDING AND REZONE FOR FLEX SPACE WAREHOUSE GREAT PLACE FOR MULTI FAMILY GREAT FOR LANDSCAPING COMPANY GREAT SPACE FOR A CHURCH GREAT SPCE FOR MUNICIPAL PROJECTS 9820 & 9860 Orange River Blvd total 10.23 acres, allowing up to 100 multifamily units or 150 multi-family (Affordable Housing) units, based on the Future Land Use. The buyer would need to tear down existing buildings, and rezone to the entitled use of "Central Urban" to begin construction. Otherwise, they may maintain use of existing property and land uses. Current zoning: the front 1.73 acres are (C-1) Commercial, and the rear 8.5 acres are (RS-1) Residential. On the two properties, sit 4 buildings: a commercial building (1976) with 4514 AC SF - on a month to month lease, a residential building (1955) with 775 AC SF - The future land use is “Central Urban” which allows up to 10 units per acre or 15 units per acre (affordable living). Flood Zone X. (03-44-25-01-00054.0000 & 03-44-25-01-00054.0010). (2020 taxes total for both properties $5,753.03).

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