THIS PROPERTY HAS SOLD ! ! !
This 1/3 acre lot is just begging to be bought.
This property is located in Suncoast Estates in N Ft. Myers, FL. This is ground zero in the hot southwest Florida real estate market. Tucked in next to Ft. Myers itself, Cape Coral and of course the beautiful beaches along the Gulf of Mexico, this property has nowhere to go but up.
Currently it is a somewhat rural area that is transitioning from mobile to manufactured homes to residential construction. Home prices in SW Florida have been bouncing along a bottom since 2010 but late in 2011 they started to move up. Land prices usually lag home prices but eventually follow. And this neighborhood has so much going for it – please read on.
The Suncoast Estates community prepared a Revitalization Plan in 2006 that was approved and submitted to Lee County and HUD for community improvement funds of which over $213,000 was received. That number grows annually as the community continues to revitalize itself. In addition to the new Community Center, there is a governing body and several committees that administer the community and push forward its improvement. All of this has helped to improve land values.
The lot itself is at the end of Heck Dr., one lot off of Case Ln. (see pictures). It is very secluded near the back, nicer part of the community just off of Del Prado Blvd. 0n which a brand new shopping center was recently constructed with a Publix supermarket at Tamiami Trial. The lot is uncleared but flat with electricity available. There are no HOA dues and taxes are low.
And earlier this year, the Lee County Board of County Commissioners unanimously approved the acceptance of donated road rights-of-way for unpaved roads in Suncoast Estates at its May 14, 2013 meeting. The $3.1 million project will help Suncoast Estates . . . move forward to pave designated roads (including Case Ln.) over the next nine years using Community Development Block Grant (CDBG) funds from the United States Department of Housing and Urban Development and local gas tax funds.
So you can see that this neighborhood has a bright future with county, state and federal funding behind it. Oh, and the property also comes with a full Warranty Deed and title insurance. Act now!
To buy or with any questions, please contact us via the Seller Information at the top of the right hand column.
Address: Vacant Land
City: N Ft. Myers
Legal Description: LOT 23
Size: 1/3 acre
Dimensions: 135 x 100
Utilities: Well & Septic, Elec. at street
Taxes and Dues: $21.24, no HOA dues
Zoning Info: Residential