• 5100 Island Villages Circle #A-U SAINT JAMES CITY, FL 33956

  • $15,000,000
  • 1,096,006
    Sq Ft
  • 66
    Acres
  • Listed By: COLDWELL BANKER COMMERCIAL NRT
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

This is a great opportunity to develop up to 480 units and the Development Order on this project will never expire in SW Florida. The development project has partial infrastructure in place. Lee County has already approved the Four Plex Master Building Plan. This Property is Fully Entitled, shovel ready, and permitted to build 120 four-plex buildings. The development plans and condo docs have been completed. There is a total of 131`acres with 66 acres buildable , the balance is conservation land. City water is to 25% of the property, the sewer runs the graded loop, LCEC power easement is granted and recorded, and culverts are 80% completed. Recreation center is partially built. The project meets all the new FEMA flood elevation standards. Contact us today to purchase the entire development. Ron Abboud is related to Seller and Co-Lister on the property.

Property Type :

Land

County :

Lee

Style :

Land

Property Details

 

Water Source

WaterSource: Public

Lot Information

Lot Dimensions: Varies

Lot Square Feet: 1096006

Lot Acres: 66

Lot Size (SqMt): 101822

Property Information

Property Type: Land

Listing Price Information

Original List Price: $15360000

Tax Information

Tax Block: 00010

Tax Book Number: 1995/3343

Tax Legal Description: PARL IN SE 1/4 DESC IN OR 1995 PG 3343 PARCEL REC

Annual Tax: $7006.19

Tax Year: 2022

Parcel Number: 04-45-22-00-00010.1170

Homeowners Association Information

HOA : $400 Monthly

Utility Information

Electrical Nearby, Other, Sewer Nearby, Water Nearby

Sewer: Public Sewer

Water Source: Public

Location Information

City: SAINT JAMES CITY

Direction: West on Pine Island Drive, South on Stringfellow Drive, and then right on Island Villages Circle.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3714 Myers Lane, Saint James City, FL,33956 $39,900 -- -- 11,935 0.27 Acre
3227 Manatee Drive, Saint James City, FL,33956 $1,099,000 3 3 1,879 0.31 Acre
3518 Papaya Street, Saint James City, FL,33956 $54,500 -- -- 13,504 0.31 Acre
2201 Sanibel Boulevard, Saint James City, FL,33956 $799,000 3 3 1,097 0.2 Acre
2240 Oleander Street, Saint James City, FL,33956 $558,000 2 1 696 0.14 Acre
5311 N Western Drive, Saint James City, FL,33956 $495,000 -- -- 934,362 21.45 Acres
2961 Harpoon Lane, Saint James City, FL,33956 $250,000 -- -- 7,579 0.17 Acre
2641 Oleander Street, Saint James City, FL,33956 $24,000 -- -- 4,487 0.1 Acre
2321 Macadamia Lane, Saint James City, FL,33956 $998,000 3 2 1,977 0.25 Acre
7084 Cobiac Drive, Saint James City, FL,33956 $100,000 -- -- 4,879 0.11 Acre

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Based on information submitted to the MLS GRID as of 04/27/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/27/2024 @ 18:20

MLS: MFRMLS #A4578269
LISTED BY: Janet Robinson, COLDWELL BANKER COMMERCIAL NRT
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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