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Oversized Gulf Access Lot

4960 Royal Palm Drive, Estero, FL 33928

For Sale
$465,000

Build your dream home on this desirable Gulf access lot.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market742

Property Features for 4960 Royal Palm Drive

General Information

Standard status Active
Lot size 0.24 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $2,651
Listing Agency: Hovland Realty, LLC
Listed By: Brehna Hovland · License FL #249527601
Source: Exitrealty
Added: Oct 30, 2024 Changed: Nov 3 Last Checked: Nov 3 at 4:21AM

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 Hovland Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This oversized lot is located in the Estero River Heights community. The property is almost .27-acres and cleared, ready for construction. There is space for a pool, detached garage, and fenced yard. The deep canal can accommodate most boats, and it is a 10-minute cruise to the Gulf of Mexico with no idle zones. A seawall and dock can be added. The neighborhood is surrounded by new construction multi-million dollar homes. Coconut Point Mall, shopping, dining, and entertainment are all within a 5-minute drive, with quick access to US 41 and I-75. Florida Gulf Coast University (FGCU) is 10 minutes away. There is no mandatory HOA and no building restrictions, allowing for a custom residence. This lot provides the ultimate canvas for waterfront living.

Key Highlights

  • Gulf access with a quick 10‑minute boat ride to the Gulf of Mexico and no idle zones.
  • Oversized lot (almost .27 acres) ready for construction** in a desirable community.
  • No mandatory HOA and no building restrictions, allowing for a fully custom home.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom Plumbing Service Carpet & Flooring Store Computer & Electronic Repair

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

45
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build your dream home on this desirable Gulf access lot.
Where is this residential land & home lot located?
The property is located at 4960 Royal Palm Drive Estero, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Gulf access with a quick 10‑minute boat ride to the Gulf of Mexico and no idle zones.; Oversized lot (almost .27 acres) ready for construction** in a desirable community.; No mandatory HOA and no building restrictions, allowing for a fully custom home.
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