744 Overiver Dr North Fort Myers, FL 33903
This exceptional 0.74-acre waterfront property in North Fort Myers, Florida, presents a rare opportunity for discerning buyers. Situated directly on the Caloosahatchee River, this lot boasts 150 feet of river frontage and breathtaking panoramic water views. The property is fully cleared and features a substantial 180-foot seawall, eliminating the significant cost and time associated with seawall construction. A private boat ramp is already in place, providing unparalleled access to the river for boating enthusiasts. Utilities are conveniently installed, simplifying the development process. The lot's zoning is RS-1, suitable for residential development. This large lot is one of the few remaining parcels of this size along the Caloosahatchee River with a private boat ramp and dock permit potential. Its location offers a blend of serene riverside living and convenient access to urban amenities. Nearby conveniences include Publix (1.3 miles), US-41 (1.7 miles), Walmart (2.7 miles), Pine Island Road (2.8 miles), Downtown Fort Myers (3.4 miles), I-75 (8.7 miles), and Southwest Florida International Airport (19.9 miles). The asking price is $1,199,000. The property's developable area falls within FEMA Flood Zone VE (EL 11). The parcel number is 15-44-24-00-00008.0000. This is a unique opportunity to build your dream home in a highly desirable location. The property is offered as a built-to-suit package or simply as a lot sale.
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
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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.