SOLD! Yes, this property like all real estate is heavily discounted from its assessed value of $36,800 just a few years back. Land is on sale now and this lot can be yours for even less than the $10,000 current market value. What a bargain! Forget gold, silver and real estate. Buy land.
This beautiful lot is in Bokeelia, FL which is on Pine Island just off the coast of Cape Coral and Ft. Myers. Pine Island is the largest island off the coast of FL. It has an abundance of tropical fruit and palm tree farms, an 18-hole golf course, fishing pier as well as several marinas offering service to the outer islands. Visit the Pine Island Chamber of Commerce website to learn more.
The property is in a sparsely populated area with few homes but only minutes from all the modern amenities in Pine Island Center, the downtown of Pine Island. Near the intersection of Sunrise Lane and Harbor Drive, where there is electricity, this .46 acre (over 20,000 sq. ft.), uncleared, flat residential lot, if developed, requires well water and septic.
As the area improves though, sewer and water will run up Harbor Drive. Now is the time to get in. Property values here bottomed in 2010 and have nowhere to go but up. Go to any mapping website and in the satellite view you can see some of the beautiful homes already in place. What potential! And so close to beautiful Cape Coral, Ft. Myers and the outlying barrier islands.
For all the details see the Lee County Assessors website (assessed or JUST value does not reflect actual current market value and is calculated as of Jan. 1, 2012). Closing will be handled by a national title company in Cape Coral, FL.
Closing costs: plus nominal customary closing costs
Payment options/terms: Seller Financing
County: Lee County, FL
Dimensions: 120 x 167
Utilities: Within 1/4 mile
Taxes and Dues:
Zoning Info: RS-1 Residential
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