(LAND) INFILL NEW CONSTRUCTION SFR OPPORTUNITY! (Fort Myers, FL 33905)
PRICE: $37,300
SFR POST CONSTRUCTION VALUE: $ 300,000
- Location
- Situated in the established Alabama Grove Terrace subdivision in the heart of Fort Myers, Lee County.
- Easy access to all the lifestyle benefits of Southwest Florida: proximity to Gulf-coast beaches, the region’s parks and nature preserves.
- No HOA
Zoning & Development
- Zoned RS-1 (“Single Family Conventional”) in Lee County, permitting single-family residential use only (no duplexes, multifamily, mobile homes allowed).
- Confirmed as a platted legal lot of record, with the county recognizing the setbacks for a non-conforming lot: front 25 ft, rear 20 ft, sides 6 ft each.
- RS-1 standards: minimum lot area 7,500 sq ft, minimum width 75 ft, minimum depth 100 ft. — width is grandfathered because of legal lot status and county confirmation of build-ability.
- Maximum lot coverage: 40 % under roof (including detached garage); maximum building height: 35 ft.
Utilities & Infrastructure
- Water service: available via Lee County Utilities – North Lee County WTP franchise.
- Wastewater/sewer: available via Lee County Utilities – Central WWTP franchise.
- Utilities available directly in front of property
- Connection fees for a single-family home: Water Capacity Fee ~$2,745; Sewer Capacity Fee ~$2,992.50; 5/8” Meter Tap Fee ~$2,313.
Lot Conditions & Specs
- Lot size: 8,460 sq ft (0.19 ac)
- Width: 60 ft; Depth: 140 ft
- Lot is currently overgrown with vegetation.
- No known flood zone restrictions or environmental easements have been identified.
Comps
*CLICK HERE TO SUBMIT OFFER*
Contact for all info & offers!
704-285-1904
Lenny@zeres.capital
Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.
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Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 8 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $5,000. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.