Description
240 Door Fronts $64,000 Each 60 Fully Entitled Building Pads
Receive Building Permit In 7 Days After Purchase. Completely shovel ready for development, is now available in the desirable Villages Of Pine Island community. The property is subdivided and approved to build 60 Four-Plex Buildings, offering a prime opportunity for developers or investors to capitalize on the demand for new housing in the area. This development offers a unique concept with parceled cul-de-sacs, allowing for the construction of 4-plex condos. The plans have already been approved by the county, streamlining the process for prospective buyers. In addition, partial infrastructure is already in place, with only the extension of the mains required in some cases. The Villages Of Pine Island Development meets the new FEMA flood elevation requirements, ensuring the safety and compliance of the project. Each development wheel parcel has its own tax ID number, providing the flexibility to sell individual pads or the entire group. With a door front dirt value in build at $64,000, this property offers an attractive investment opportunity. Additionally, building permits can be obtained in as little as 7 days once impact fees are paid. Don't miss out on this exceptional chance to be a part of the thriving Villages Of Pine Island community. Contact us today to learn more and secure your future in this sought-after area. Ron Abboud is related to Seller.,
Features
- Association Fee
400
- Association Fee Frequency
Monthly
- Association
Yes
- City
SAINT JAMES CITY
- Country
US
- County Or Parish
Lee
- Current Use
Commercial
- Days On Market
1
- Directions
West on Pine Island Drive
South on Stringfellow Drive
and then right on Island Villages Circle.
- Heating
Yes
- Latitude
27
- List Price
15360000
- Living Area Units
Square Feet
- Longitude
-82
- Lot Size Acres
25
- Lot Size Dimensions
Varies
- Lot Size Square Feet
1096006
- Lot Size Units
Square Feet
- M L S Area Major
33956 - Saint James City
- Mls Status
Active
- On Market Date
2023-08-02 00:00:00
- Original List Price
15360000
- Originating System Name
stellar
- Ownership
Condominium
- Parcel Number
04-45-22-00-00010.1170
- Postal Code
33956
- Property Type
Land
- Road Surface Type
Dirt
- Sewer
Public Sewer
- Special Listing Conditions
None
- Standard Status
Active
- State Or Province
FL
- Unparsed Address
5100 ISLAND VILLAGES CIRCLE
SAINT JAMES CITY FL 33956
- Water Source
Public
- Zoning
RM2