1864 Fountain St, Fort Myers, FL 33916
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.
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
Similar Nearby for Lease
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.