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Multi Family - PALMLEE PARK for Sale

1925 SUWANEE, FORT MYERS, FL 33901

Asking Price$159,000 Change Price$10,000

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  • Days on market:

    65 day(s)
  • Original Price:

    $189,000
  • Price per sqft:

    $12.09
  • Tax Legal Description:

    PALMLEE PARK BLK 33 PB 6 PG 1 LOTS 13 + 14
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Parking:

    None
  • Construction Type:

    Other
  • Cooling Description:

    None
  • Heating Description:

    None
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot Oversized Lot

Description

$159,000 • living size area 13155 sqft

Located in the heart of the city of fort myers, this buildable double lot presents a rare opportunity for investors and developers seeking prime real estate with significant growth potential. the property offers flexible use options and supports a density of up to 16 units per acre, making it ideal for a range of residential or mixed-use development projects. this parcel is positioned within the city of fort myers community redevelopment area (cra), a district actively promoting urban renewal through targeted investment and revitalization initiatives. as part of this dynamic zone, qualified projects may be eligible for grant funding and development incentives through the cra—providing added value and opportunity to maximize your return on investment. the property benefits from city utilities and close proximity to downtown fort myers, major transportation corridors, schools, medical centers, and shopping destinations. with its central location and growing demand for infill development, this lot is perfectly suited for townhomes, multifamily residences, or commercial/residential hybrid spaces. whether you're looking to build income-generating rental units, a small multifamily complex, or a creative live/work development, this site offers the location, zoning, and city support to bring your vision to life. take advantage of this rare chance to secure a strategic property in one of fort myers’ most promising redevelopment zones.

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