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    OFF-MARKET
    Commercial real estate

    1864 Fountain St, Fort Myers, FL 33916

    Property ID
    US18-3847642
    Property summary
    AI-generated overview

    This exceptional 4,756 square foot lot presents a unique investment opportunity in Fort Myers, Florida. Located at 1864 Fountain Street, this property offers the flexibility of both residential and commercial development, boasting a prime location just minutes from the vibrant Downtown Fort Myers area and the convenience of I-75. The lot is situated in a desirable family-friendly neighborhood, shaded by mature trees, and enjoys easy access to the Caloosahatchee River and the Gulf of Mexico. This vacant land is ready for immediate development, offering significant potential for building a new home or commercial venture. Importantly, there are no homeowner's association (HOA) fees, flood zone concerns, or deed restrictions. City water, sewer, and electricity are readily available nearby. The property's proximity to a variety of amenities, including shops, restaurants, and schools, further enhances its appeal. With an asking price of $55,000, this is a rare chance to acquire a valuable piece of real estate in a thriving Florida community. Don't miss this chance to transform your vision into reality. The property is zoned for both residential and commercial use, offering a wide range of development possibilities. Act quickly to secure this exceptional opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-3847642
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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