Basic Information

  • MLS # 221069446
  • Type Single Family Home
  • Status Active
  • Suddivision/Complex WINDWARD WAY CONDO
  • Year Built 0
  • Total Sqft 0
  • Date Listed 09/28/2021
  • Days on Market 24
Descrition

Compass Commercial is proud to present a previously approved 36-unit, 4.77-acre multifamily development site in the heart of Fort Myers, Florida. The subject property is located at 15952 McGregor Blvd, Fort Myers, FL 33908, one of Fort Myerss primary corridors, connecting downtown to Sanibel Island. The parcel sits at the entrance to Windward Way Condominiums, is in immediate proximity to major retailers, and is only 1-mile north of Sanibel Outlets and Publix. The project had been previously approved in 2007 for 53k square feet of buildable area, and new zoning allows increased density to approximately 60 units. The project is perfectly positioned to develop a 65k-70k gross square foot rental or for-sale residential development by any regional or corporate investor. Southern Lee Countys strong multifamily demand and a rapidly diminishing supply pipeline have cut the average vacancy rate by nearly half over the past three quarters. While the supply pipeline now only has 180 units underway, the improving market fundamentals place strong demand on housing, with very few fully approved multifamily development projects currently available within the market.

Exterior Features

  • Waterfront No
  • WF Description None
  • Pool No
  • View City
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 0
  • Sq Ft Total 0

Property Features

  • Community Features Non-Gated
  • Furnished Info No
  • Lot Description Irregular Shape
  • Possession At Closing
  • Sewer Description None
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex WINDWARD WAY CONDO
  • Subdivision Info WINDWARD WAY CONDO
  • Tax Amount $10531
  • Tax Information City And County
  • Tax Year 2020
  • View City
  • Water Description None
  • Zoning RM-2

Windward Way Condo CE

FORT MYERS, FL 33908

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