Address
5100 Island Villages Circle #A-U, SAINT JAMES CITY, FL
Price
$ 15,000,000
Property Attributes
- MLS#A4578269
- TypeLand
- CountyLEE
- CitySAINT JAMES CITY
- AreaSaint James City
- Zip33956
- Style
- Taxes$ 7006
- Price$ 15,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size66 Acres
Data Source:
Stellar MLS
Property Description
This is a great opportunity to develop up to 480 units and the Development Order on this project will never expire in SW Florida. 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 all the new FEMA flood elevation standards. Contact us today to purchase the entire development. Ron Abboud is related to Seller and Co-Lister on the property.
| Price History | |
|---|---|
| 8/2/2023 | Listed $15,360,000 |
| 3/13/2024 | 3% - $15,000,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electrical Nearby,Other,Sewer Nearby,Water Nearby |
| Zoning | RM2 |
| HOA | 400 |
| Pets Allowed | Yes |
| Unit Number | A-U |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Percent Ownership | Condominium |
| Assoc Fee Paid Per | Monthly |
| County | Lee |
| Property Type | Land |
| HOA / Comm Assn | Yes |
| Status | Active |
| Directions | West on Pine Island Drive,South on Stringfellow Drive,and then right on Island Villages Circle. |
| City | SAINT JAMES CITY |
| Buyer Agent Compensation | 3% |
| MLS Area | 33956 - Saint James City |
| Lot Size Square Feet | 1096006 |
| Waterfront Y/N | No |
| Street Name | Island Villages Circle |
| Tax Annual Amount | 7006.19 |
| Public Remarks | This is a great opportunity to develop up to 480 units and the Development Order on this project will never expire in SW Florida. The development project has partial infrastructure in place. Lee Co |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4578269 |
| Days on Market | 236 |
| AssociationName2 | Villages of Pine Island |
| Standard Status | Active |
| Legal Description | PARL IN SE 1/4 DESC IN OR 1995 PG 3343 PARCEL REC |
| Water Access Y/N | No |
| Monthly HOA Amount | 400 |
| Water View Y/N | No |
Interior Features
| Living Area Units | Square Feet |
|---|
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 25.1608 |
| Lot Dimensions | Varies |
| Lot Size Acres | 66 |
| Road Surface Type | Dirt |
| Lot Size Units | Acres |
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
Taxes
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 14, 2024 10:03 AM UTC
