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Estero Development Opportunity
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21681 Pelican Sound Drive, Estero, FL 33928

11-acre development opportunity in desirable Estero, Florida.

Property SizeContact for details
Lot Size11.00 Acres
Days on Market270

Property Features for 21681 Pelican Sound Drive

General Information

Standard status Active
Lot size 11.00 Acres
Property subtype Land
Zoning MPUD
Listing Agency: LSI Companies
Listed By: Eric Edwards, CCIM · License #FL BK3152338
Source: Crexi
Added: Nov 26, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LSI Companies

Investment Insights

Based on property information with market context.

This is an 11 +/- acre development opportunity located within the Village of Estero, Florida. The property fronts the primary entrance to Pelican Sound Golf & River Club and is minutes from Coconut Point Mall along US-41, just south of Corkscrew Rd. The site is located within an established Mixed-Use Planned Unit Development (MPUD), allowing for a range of residential and complementary uses. With zoning that supports low to medium-density residential development, the site is suited for a townhome or residential enclave or a mixed-use development. The property is located in one of Lee County’s sought-after markets and is poised for continued residential and economic expansion. Estero has become one of Southwest Florida’s desirable places to live, driven by steady year-over-year population growth, and new commercial residential developments.

Key Highlights

  • 11 +/- acre development opportunity in the desirable Village of Estero, Florida.
  • Positioned at the primary entrance to Pelican Sound Golf & River Club, near Coconut Point Mall and US‑41.
  • Located within an established Mixed‑Use Planned Unit Development (MPUD) allowing for a range of residential and complementary uses.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Hair Salon Auto Parts Store Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 33928, FL

28,955
Population
20,835
Households
1.4
Avg Household Size
61
Median Age
48%
College-Educated
97%
High-School Grad
41.7 sq mi
ZIP Area
694
Density / Sq Mi
$100,264
Median Household Income
$52,197
Median Earnings
$1,959
Median Rent
$418,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 11-acre development opportunity in desirable Estero, Florida.
Where is this residential land & home lot located?
The property is located at 21681 Pelican Sound Drive Estero, FL.
What is the asking price?
The asking price for this property is $10,900,000.
What are key features of this property?
This property features: 11 +/- acre development opportunity in the desirable Village of Estero, Florida.; Positioned at the primary entrance to Pelican Sound Golf & River Club, near Coconut Point Mall and US‑41.; Located within an established Mixed‑Use Planned Unit Development (MPUD) allowing for a range of residential and complementary uses.
(239) 565-3456 Call to check price and availability
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