new - 2 days on rocket

11088 Kelly Rd, Fort Myers, FL, 33908

$5,500,000

4.60 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
CoolingOther
WaterfrontLake Front
ViewLake, Water
MLS #224089493
Lot Size4.60 Acres
StatusActive

About 11088 Kelly Rd

Prime 4.6-Acre Development Opportunity with Entitlements for 69 Residential Units in Fort Myers, FL Discover an exceptional investment opportunity with this expansive 4.6-acre parcel, ideally located at 11088 Kelly Rd, Fort Myers, FL 33908. Recently rezoned to allow 69 residential units, this cleared and build-ready property offers the perfect setting for a condominium or multifamily project, with significant flexibility for developers and investors. Development Ready: Zoned for 69 residential units, up from the previous 46, allowing for a substantial increase in potential yield. Natural Amenities: Includes two pristine lakes, adding value and appeal to prospective developments, with no wetlands to limit building options. Ideal Location: Situated in a growing area of Fort Myers, close to shopping, dining, and major roadways, providing both convenience and high desirability for future residents. Flexible Sale Terms: Owner open to outright sale, joint venture opportunities, and willing to carry a mortgage note for qualified buyers. This property’s size, zoning flexibility, and natural amenities make it a standout choice for high-quality, high-demand residential development. Don’t miss this chance to bring a profitable vision to life on a prime piece of Fort Myers real estate. Contact us for further details or to discuss potential collaboration.

Property Details

Property Features

Listing Office:

  • Office Name: Zivkovic & Associates
  • Office Phone: (239) 337-7007
  • Listing Agent: Guido Spinelli

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Water

Lot Features

Lot Information:

  • Lot: Cleared, See Remarks
  • Lot Size: 4.60 Acres

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000

Tax Information:

  • Annual Amount: $2,669
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Myers, FL.

Med. Sold Price

$371.7K

Med. Price/SqFt

$237

Avg. Days On Market

73

# of Sold Homes

251

11088 Kelly Rd vs Fort Myers

2 DAYS ON ROCKET

-71 Days

$5,500,000

+$5.1M More

KEY TAKEAWAY

This property is $5.1M more than the Median Sold Price in Fort Myers, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224089493

Listing Office:

  • Office Name: Zivkovic & Associates
  • Office Phone: (239) 337-7007
  • Listing Agent: Guido Spinelli

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,669$174,415
2019$2,540$128,316
2018$2,504$116,651
2017$2,395$163,117

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-183441
5
/10
  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 0.77 miles

  • Public Charter Grades KG-5

school-card-donut-183442
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-183443
8
/10
  • Cape Elementary School

  • 4519 Vincennes Blvd

  • 4.11 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,120. Typical income of Fort Myers, FL residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11088 Kelly Rd

What is the listing price of this property?

The listing price of 11088 Kelly Rd property is $5,500,000.

What type of property is this?

The property 11088 Kelly Rd is land located in Fort Myers, Florida, 33908.

Is this property for sale now?

Active Listing: 11088 Kelly Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,669 (source: MLS/based on county public records data).

How much acreage is this property?

The property 11088 Kelly Rd is 4.60 acres.
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Rocket HomesFloridaLee CountyFort Myers3390811088 Kelly Rd

This home is located at 11088 Kelly Rd in Fort Myers, FL and zip code 33908 in the Iona neighborhood. This home sits on a 4.60 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $5,500,000.

Fort Myers, FL housing market in October 2024 saw over 13 listings sold above listed price, more than 34 sold at listed price and over 204 sold below. In October 2024 in Fort Myers, FL there were 6.3% more homes for sale than in September 2024. Listings spent 73 days on the market in October 2024, and had a median list price of $371,753 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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