-Sale price: $599,000 -3.74 Acres, over 708 feet of frontage -Zoned CG - multifamily at 25 units an acre or office at 45% coverage ratio -“Shovel ready” with utilities to lot lines -Off-site storm water This site contains a total area of 3.74 acres and is divided into five platted lots ranging in size from .53 acres to 1.50 acres. This property as assembled has over 708 feet of frontage along Sommerset Drive in Fort Myers, FL. The zoning is CG which allows a wide range of uses including multi-family with a density of 25 units per acre and office with a maximum coverage ratio of 45%. The site is "shovel ready" with utilities to the lot lines and off-site storm water retention. Priced at $3.68 psf for office or $6,372 per unit for multi-family at maximum density, this site is ready for acquisition and immediate development! The site is located at the northerly terminus of Summerlin Road at Colonial Boulevard, directly behind Walgreens. Sommerset Drive is a divided, four lane roadway with multiple median cuts.
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