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Investment Highlights

  • 9+ Acre
  • Potential to increase density to 25-units/acre
  • 7 units/acre by right

Executive Summary

This is a perfect candidate for an Affordable Housing project. Located west of I-75 (Exit 143), off Palm Beach Blvd, between Bell Street (to north) and Whitehead Creek to south. Walking distance to Billy Bowlegs Park and James Stephens Elementary School. Current zoning of RS-7 allows 7 units /acres. With availability of utilities and FLU of T/C, potential to increase the density by rezoning it to RM12, RM16, or RM 25, or through PUD process, up to 25 units/acre.

Property Facts

Price $3,199,967 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Planned Unit Development
  • Single Family Development
Total Lot Size 9.68 AC
Zoning RS-7 (City of Ft Myers) - 7 units per acre - multi-family with Traditional Community (T/C) Future Land Use designation. Potential for 12-25 units/acre with rezoning.

1 Lot Available

Lot

Price $3,199,967 CAD
Price Per AC $330,575.09 CAD
Lot Size 9.68 AC
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
08-44-25-P3-00068.0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$193,257 CAD
  • Listing ID: 38793207

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 4040 Bell St, Fort Myers, FL 33916

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