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Property profile & analytics
OFF-MARKET
Land

Sound Pine Island Dr Spring Hill, FL 34604

91.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 91.98-acre commercial property in Lee County, Florida, presents a unique investment opportunity. Situated in Bokeelia, near Pine Island Sound, this mostly submerged land parcel features extensive oyster bars and some mangrove uplands. Its strategic location just northeast of Useppa Island and east of Mondongo Island offers significant potential. The property's primary characteristic is its substantial acreage, ideal for various commercial ventures. The substantial size, coupled with its waterfront access to Pine Island Sound, makes it suitable for a range of development possibilities. The existing mangrove uplands and oyster bars contribute to the ecological value of the land. Further investigation into the potential for mangrove credits is recommended, as this could significantly enhance the property's overall value and appeal. The asking price for this expansive commercial land is $275,000. The property is located in the 34604 zip code, within Spring Hill, Florida. Detailed surveys and environmental assessments are recommended to fully understand the development potential and any associated regulations. This is a rare opportunity to acquire a large-scale waterfront property in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 91.98 ac (4,006,649 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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