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621 Ortiz Ave - Glenwood Development 9.8 Acres of Residential Land Offered at $3,857,644 CAD in Fort Myers, FL 33905



INVESTMENT HIGHLIGHTS
- Increasing population growth is evident in the explosion of multifamily development where inventory is low and market rent is record-high.
- Region attracts local & international investors bringing new capital into the market with available land for continued growth & development
- Prime location, close to I-75, State Road 82, US-41 and other major corridors
- Located in the Lee County Enterprise Zone, which offers potential development incentives, reduced permitting time, and impact fee waivers
EXECUTIVE SUMMARY
Glenwood Development presents a rare opportunity to acquire a 9.8± acre residential site offering zoning approval for up to 144 townhomes or multifamily units, including up to 48 bonus density units. This shovel-ready site is ideal for a high-quality residential development in one of Florida’s most dynamic and fast-growing markets. With flexible zoning, strong market demand, and immediate access to key infrastructure, the property presents a compelling opportunity for builders and investors alike.
Located within the Lee County Enterprise Zone, this site offers potential access to valuable development incentives, including reduced permitting times, impact fee waivers, and other cost-saving benefits. The property is exceptionally well-connected, with convenient access to major traffic corridors and close proximity to numerous demand generators such as employment centers, retail hubs, schools, and healthcare facilities. This location supports both near-term development success and long-term investment value.
Located within the Lee County Enterprise Zone, this site offers potential access to valuable development incentives, including reduced permitting times, impact fee waivers, and other cost-saving benefits. The property is exceptionally well-connected, with convenient access to major traffic corridors and close proximity to numerous demand generators such as employment centers, retail hubs, schools, and healthcare facilities. This location supports both near-term development success and long-term investment value.
PROPERTY FACTS
| Price | $3,857,644 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 9.80 AC |
| Property Type | Land | ||
| Zoning | RPD - Residential Planned Development | ||
| Price | $3,857,644 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 9.80 AC |
| Zoning | RPD - Residential Planned Development |
1 LOT AVAILABLE
Lot
| Price | $3,857,644 CAD | Lot Size | 9.80 AC |
| Price Per AC | $393,637.15 CAD |
| Price | $3,857,644 CAD |
| Price Per AC | $393,637.15 CAD |
| Lot Size | 9.80 AC |
Residential planned development allows 144 townhomes/multifamily units with a maximum height of 45’.
PROPERTY TAXES
| Parcel Number | 09-44-25-00-00018.0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $253,832 CAD | Total Assessment | $253,832 CAD |
PROPERTY TAXES
Parcel Number
09-44-25-00-00018.0010
Land Assessment
$253,832 CAD
Improvements Assessment
$0 CAD
Total Assessment
$253,832 CAD
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621 Ortiz Ave - Glenwood Development
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