Waterfront
Address
5100 W Island Villages Cir, Saint James City, FL
Price
$ 15,000,000
Property Attributes
  • MLS#224024499
  • TypeLand
  • CountyLEE
  • CitySaint James City
  • AreaPI02 - Pine Island
  • NeighborhoodPine Island
  • Zip33956
  • Style
  • Taxes$ 1030
  • Price$ 15,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size131.1 Acres
Data Source:
Naples Area BOR (NABOR)
Property Description

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.

Price History
3/13/2024 Listed $15,000,000

General Features

Amenities Other,See Remarks
Sewer Assessment Paid
Possession At Closing
Utilities Available Electric,Sewer,Water
Water Central
Condo Fee 0.00
HOA Fee 0.00
View Bay,Pool/Club,Preserve,Wooded Area
Property Type Lot & Land
Maintenance See Remarks
Section 04
Development PINE ISLAND
Development Name PINE ISLAND
Tax Year 2023
Zoning Code RM-2
Status Active
Land Lease Fee 0.00
Master HOA Fee 0.00
Acres 131.1000
Cumulative Days on Market 43
Amenity Fee 0.00
HOA Desc Mandatory
Mandatory Club Fee 0.00
Special Assessment 0.00
Community Type Non-Gated
Taxes 1030.48
Subdivision NOT APPLICABLE

Interior Features

Range 22E

Exterior Features

Waterfront Yes
Road Access Road,Legal Access
Irrigation None
Land Use Code 00-Vacant Residential
Trees Part Tree
Lot Frontage 2167
Ground Cover Brush,Remarks
Land Improvements Build to Suit,See Remarks
Price Per Acre 114416.48
Waterfront Desc Mangrove,None/Other
Canal Width None
Lot Description 5 Plus Lots,Oversize,See Remarks
Boat Access See Remarks
Gulf Access No
Lot Left 408
Lot Right 2155
Lot Unit 104
Rear Exposure W
Lot Type Residential Lot

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33956

Price
AVG $480K
$15M
Taxes
AVG $1,552
$1,030
Visits
AVG 216
119
Data Provided by Inside Real Estate®