Shovel-Ready Multifamily Development
For Sale
Contact for pricing
321 Ortiz Ave, Fort Myers, FL 33905
Fully entitled residential development land with approval for 144 units and utilities available on-site.
Property SizeContact for details
Lot Size9.80 Acres
Days on Market165
Property Features for 321 Ortiz Ave
General Information
Standard status
Active
Lot size
9.80 Acres
Property subtype
Land
Zoning
RPD
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
144
Listing Agency:
Coldwell Banker Commercial NRT Pensacola
Listed By:
Denice Landaeta · License #3364483
(954) 914-6339
Source:
Crexi
Added: Mar 25
Changed: Sep 3
Last Checked: Sep 1 at 9:06PM
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 Coldwell Banker Commercial NRT Pensacola
Investment Insights
Based on property information with market context.
Shovel-ready development land at 321 Ortiz Ave in Fort Myers, Florida, offering 9.8 acres for a multifamily project. The property is fully entitled with approval for 144 units, including up to 48 bonus density units, and it includes Residential Planned Development zoning with by-right zoning in place. Utilities are available on-site, including water, sewer, and electric, supporting the ability to commence construction immediately.
The site provides convenient access to major routes including I-75, SR-82, and US-41, with downtown Fort Myers within reach.
For developers seeking an entitlement-backed multifamily land position, this offering is presented as Glenwood Development and is highlighted in the memorandum as suited for garden-style apartments or townhomes.
The site provides convenient access to major routes including I-75, SR-82, and US-41, with downtown Fort Myers within reach.
For developers seeking an entitlement-backed multifamily land position, this offering is presented as Glenwood Development and is highlighted in the memorandum as suited for garden-style apartments or townhomes.
Key Highlights
- ±9.8 acres of shovel‑ready residential development land at 621 Ortiz Ave, Fort Myers, FL 33905
- Fully entitled approval for 144 units with Residential Planned Development zoning plus up to 48 bonus density units
- By‑right zoning is in place for the approved residential development
Property Analytics
Current Use
Lease Details
144
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Explore this area
Business Placement
Demographics for 33905, FL
37,692
Population
17,337
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
40.2 sq mi
ZIP Area
938
Density / Sq Mi
$70,009
Median Household Income
$36,923
Median Earnings
$1,509
Median Rent
$260,400
Median Home Value
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 - Fully entitled residential development land with approval for 144 units and utilities available on-site.
Where is this residential land & home lot located?
The property is located at 321 Ortiz Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $3,168,000.
What are key features of this property?
This property features: ±9.8 acres of shovel‑ready residential development land at 621 Ortiz Ave, Fort Myers, FL 33905; Fully entitled approval for 144 units with Residential Planned Development zoning plus up to 48 bonus density units; By‑right zoning is in place for the approved residential development
