Active

5100 W Island Villages CIR

Cape Coral FL, 33956

$30,000,000


$5.25 per sqft

Active

131.1 Acres

Land

This is a great opportunity to build up to 480 units and the Development Order on this project will never expire in SW Florida. The impact fees are currently $7500 per door, The development project has partial infrastructure in place. Lee.
County has already approved the Four Plex Master Building Plan. This Property is Fully Entitled, shovel ready, and permitted to build 120 four-plex buildings. The development plans and condo docs
have been completed. There is a total of 131`acres with 66 acres buildable , the balance is conservation land. City water is to 25% of the property, the sewer runs the graded loop, LCEC power
easement is granted and recorded, and culverts are 80% completed. Recreation center is partially built. The project meets.The development plans and condo docs have been completed. There is a total of 131`acres with 66 acres buildable , the balance is conservation land. City water is to 25% of the property, the sewer runs the graded loop, LCEC power easement is granted and recorded, and culverts are 80% completed. Recreation center is partially built. The project meets all the new FEMA flood elevation standards. Contact us today to purchase the entire development.

224024499

MLS ID

March 13, 2024

Listed

November 25, 2024

Updated

Map

5100 W Island Villages CIR
Cape Coral FL, 33956

Exterior/Building Features

Lot Size

131.1 Acres


Lot Features

Multiple lots, Oversized Lot, See Remarks


Sewer

Assessment Paid

Other Property Details

Area Name

PI02 - Pine Island (South)


Taxes

$1,030


Tax Frequency

Annually


Days on Market

247


Association Amenities

Other, See Remarks


Garage

No


View

Yes


View Description

Bay, Pool, Preserve, Trees/Woods


County

Lee


Water Source

Public


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

11/15/2024

Price change

$30,000,000

100%

Listed by Ron Abboud, Coldwell Banker Realty

Listing Contact: 402-290-9000 

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