803 Nuna Ave Fort Myers, FL 33905
This exceptional 5.1-acre parcel in Fort Myers, Florida, presents a prime residential development opportunity. Located on Nuna Avenue, this property boasts convenient access to I-75, offering excellent connectivity. Zoned RS-7 with a future land use designation of Residential Low Density (RLD), the site allows for the potential development of approximately 35 dwelling units, subject to city approvals. Public water and sewer utilities are readily available along Nuna Avenue. The property's size is approximately 222,156 square feet, with a minor portion (less than 2,000 square feet) impacted by Billy Creek, which bisects the northern corner. The Lee County APN is 09-44-25-P4-00300.0220. The 2022 property taxes totaled $1,516.76. This central location and significant development potential make this a highly attractive investment. The property is situated within the City of Fort Myers, offering access to various amenities and infrastructure. This is an exceptional opportunity for developers seeking a prime residential infill project in a thriving Florida market. Serious inquiries only.
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.