9591 Sr 82 Felda, FL 33930
This exceptional 374± acre property in Felda, Florida, presents a unique investment opportunity. Located off SR 82 in Hendry County (APN: 1 28 45 31 A00 0001.0100 1 28 45 31 A00 0001.0200 1 28 45 31 A00 0001.000I 1 28 45 31 A00 0001.000H 1 28 45 31 A00 0001.000G 1 28 45 31 A00 0001.000F 1 28 45 31 A00 0001.0400 1 28 45 31 A00 0001.000B 1 28 45 31 A00 0001.000C 1 28 45 31 A00 0001.000E 1 28), this land is zoned PUD and boasts existing entitlements for significant development. Previously used as a mining operation and later a recreational park, the property offers a flexible future land use designation under the Southwest Hendry Sector Plan. Development plans allow for up to 618 multi-family units and 88 single-family units, along with substantial retail and office space. Alternative use conversions are possible, subject to traffic impact considerations. Analysis suggests potential for over 437 single-family units. The site includes approximately 176± acres of lake and 42 acres of preservation, leaving 157± net developable acres, with an additional 25 acres designated for mixed residential and commercial use. The property will utilize well water systems and an onsite package plant, potentially eliminating impact fees. Its proximity to Lee County and its position within a high-growth corridor make this a prime candidate for future residential development, offering a rare opportunity for builders and investors to acquire a large tract with existing entitlements. Asking price is $4,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.