Inquire About this Property

Lot 1 | Land Investment Opportunity

1455 Lockwood Drive, Fort Myers, FL 33916

Property Type:
Land
Size:
8.11± Acres
Asking Price:
$749,000

Property Highlights

  • Canal front property
  • Approximately 580’ x 610’
  • Future land use designation of Residential Low Density, potential to amend the Comprehensive Plan to change the FLU to Residential Medium Density
  • Maximum density permitted is 7 dwelling units per acre, potential to change it to 20 units/acre
  • 56 units with current zoning, potential to increase it to up to 162 units

8.11± acres off Michigan Avenue, zoned RS-7 with canal frontage.

The site’s future land use designation of RLD (Residential Low Density) allows single-family detached, zero lot line structures and single-family attached structures. The maximum densities permitted is 7 dwelling units per acre. Potential to increase the density to a-16 units/acre subject to amendment of the Comprehensive Plan to change the FLU to RMD and b- 20 units/acre with bonus density. This is part of a 4-lot portfolio, which can be purchased separately.

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Fred Kermani, CCIM, AIA

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