Active

11088 Kelly Road

Fort Myers, FL 33908
Mark as Favorite
Acres4.62

Acres(Lot)

This property presents a unique opportunity to reposition an already approved multifamily site into a premium flex space development, aligned with current market demand in the Fort Myers area. Located along the highly desirable Kelly Road corridor in South Fort Myers, this ±4.6-acre site benefits from an approved Master Concept Plan (MCP) for 69 multifamily units, providing a strong entitlement foundation and reducing upfront development risk. While currently approved for multifamily, the property offers significant upside through repositioning into a flex space / light industrial ownership concept, which is increasingly in demand in the area. A conceptual layout supports approximately 50,000–55,000 SF of flex space, with small-bay units ideal for contractors, service-based businesse s, storage users, and owner-operators. The site is situated in a well-established service corridor with a strong presence of contractors and local businesses, offering excellent access, visibility, and proximity to surrounding residential areas. The South Fort Myers submarket continues to show limited availability of modern flex space, with much of the existing inventory being older and not designed for ownership. This creates a clear opportunity to deliver a clean, modern, and premium flex product that outperforms existing supply. Conceptual development potential includes approximately 54,000 SF of buildable space, with target pricing in the range of $290–$320+ per SF and a potential gross sellout in the $15M–$17M range. Conceptual development strategy available upon request. Buyer is not limited to multifamily — repositioning to flex space may significantly enhance project returns while leveraging the existing site planning framework. This is a rare opportunity to acquire a well-located, partially entitled site with multiple development paths and strong upside potential. All development concepts are conceptual and subject to buyer verification, due diligence, and applicable approvals.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $3,500,000

AD Id : 75978696

MLS Id : 2026011505

Lot Size : 4.62 Acres(Lot)

County : Lee

Subdivision: Fort Myers

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    Water front: 1

  • Lot Information

    Lot Dimensions: 275 x 660 x 275 x 660 Main Square Feet: 4.622 Lot Size Acres: 4.622 Lot Size Source: Appraiser Lot Description: Cleared,OversizedLot

    Property Information

    Subdivision: FORT MYERS Source Property Type: Land Zoning Description: MC2 Property SubType: Commercial Direction Faces: South

  • Listing Price Information

    Listing Price: $3500000
    Original Price: $3250000
    AllFinancingConsidered, Assumable, Cash, OwnerMayCarry, OwnerMayCarrySecond

  • Tax Information

    Parcel Number: 31-45-24-L3-00015.0010 Tax Lot: 103 Tax Block: 15 Tax Year: 2025 Annual Tax: $13888.15 Tax Legal Desc: PARL IN S E 1/4 AS DESC IN OR 1368 PG 1340

  • Homeowners Association Information

    Included Fees: AssociationManagement, CableTv, Insurance, Internet, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, Sewer, StreetLights, Security, Trash, Water
    Association Amenities: Clubhouse, DogPark, FitnessCenter, Pickleball, Park, Pool, SpaHotTub, Sidewalks, Management
    Community Features: Gated, StreetLights

  • Utility Information

    CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, TrashCollection, WaterAvailable, SewerNotAvailable, UndergroundUtilities, WaterNotAvailable
  • Location Information

    Direction: From US-41 (Tamiami Trail), head west on Gladiolus Drive for approximately 2 miles. Turn left onto Pine Ridge Road and continue south for about 0.5 miles. Turn right onto Kelly Road. The property will be on the right-hand side of the road. WaterSource: None
Sell a home like this and save $209,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15701 Raveneli Ct, Fort Myers, FL, 33908 $250,000 -- -- -- 7,951 Sqft(Lot)
4281 Elwood Road, Fort Myers, FL, 33908 $159,700 -- -- -- 0.46 Acre(Lot)
19826 Bristol Road, Fort Myers, FL, 33908 $124,900 -- -- -- 0.29 Acre(Lot)
87 Middlesex Road, Fort Myers, FL, 33908 $30,000 -- -- -- 0.10 Acre(Lot)
68 Sturbridge Lane, Fort Myers, FL, 33908 $5,000 -- -- -- 0.10 Acre(Lot)
71 Sturbridge Lane, Fort Myers, FL, 33908 $14,900 -- -- -- 0.09 Acre(Lot)
Us 41 & Harborage Drive, Fort Myers, FL, 33908 $1,495,000 -- -- -- 2.55 Acres(Lot)
22 Williamsburg Way, Fort Myers, FL, 33908 $35,000 -- -- -- 0.10 Acre(Lot)
168 W Hampton Drive, Fort Myers, FL, 33908 $30,000 -- -- -- 0.11 Acre(Lot)
5090 Harborage Drive, Fort Myers, FL, 33908 $230,000 -- -- -- 0.30 Acre(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/24/2026 @ 18:09

MLS: 2026011505 LISTED BY: Barbara Spinelli, North and Vrillaud Realty Group 239-850-7117 SOURCE: FGC

Homes around $3,500,000

Selling? Save $209,501 when you sell a home like this

Tour with a ByOwner Agent