Home was Demoed 2023....Rare opportunity to purchase this half acre, vacant parcel in the Cottage Point/Iona area. This outstanding parcel is cleared and ready for new construction. There is a deep well(approx. 200ft) along with over $50,000 in a brick paver driveway left intact... This is a very private area on a private, paved road and because the parcel is zoned AG-2... Exceptional location just 2 miles from Sanibel Causeway, 1.5 miles to Bunche Beach and 5 miles to Fort Myers Beach. Currently, the new Sanibel Mall construction(1/4 mile away) is underway and will have expectational shopping, dining and high end Condo living... The convenient location is walking distance from retail, grocery stores and dining. As far as boating/fishing and enjoying our waterways you are just 2 miles from Punta Rassa boat ramp and 5 miles from Sanibel boat ramp. RSW airport is a 25 minute drive....The Red Sox spring training Stadium is a 20 minute drive and the Twins is 15 minutes away..... If your looking to build your new dream home in a Prime location with plenty of land space and minutes from the beaches it doesn't get much better than this!
Property Details
Property Features
Listing Office:
Office Name: Alliance Realty Group
Office Phone: (239) 274-6637
Listing Agent: James Branca
Exterior Features
Exterior Information:
Waterfront: None
View: Trees/Woods
Lot Features
Lot Information:
Lot: Cleared, Oversized Lot, See Remarks
Lot Size: 0.49 Acres
Utilities
Utilities Information:
Cooling: Other
School Info
Assigned Schools Information:
Cypress Lake High School, Public Magnet Grades 9-12
South Fort Myers High School, Public District Grades 9-12
Fort Myers High School, Public Magnet Grades 9-12
Lexington Middle School, Public District Grades 6-8
Cypress Lake Middle School, Public District Grades 6-8
Fort Myers Middle School, Public Magnet Grades 6-8
Heights Elementary School, Public Magnet Grades PK-5
Rayma C. Page Elementary School, Public District Grades PK-5
Tanglewood Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Old McGregor Blvd heading west, past John Morris rd and turn right onto Arbor Ridge dr. Property will be 3rd lot on left.
Price Information
Listing Price Info
Price Summary:
List Price: $325,000
Tax Information:
Annual Amount: $2,291
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fort Myers, FL.
This property is $46.7K less 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: #224080643
Listing Office:
Office Name: Alliance Realty Group
Office Phone: (239) 274-6637
Listing Agent: James Branca
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: 11/5/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,291
$173,967
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,690
Per Month
Principal & Interest
$1,623
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,041
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.
Elementary School
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school3.21 miles
Public Magnet Grades PK-5
7
/10
Rayma C. Page Elementary School
17000 S Tamiami Trl
Distance between this listing and this school7.61 miles
Public District Grades PK-5
5
/10
Tanglewood Elementary School
1620 Manchester Blvd
Distance between this listing and this school7.86 miles
Public District Grades PK-5
Middle School
3
/10
Lexington Middle School
16351 Summerlin Rd
Distance between this listing and this school3.54 miles
Public District Grades 6-8
5
/10
Cypress Lake Middle School
8901 Cypress Lake Dr
Distance between this listing and this school5.18 miles
Public District Grades 6-8
1
/10
Fort Myers Middle School
3050 Central Ave
Distance between this listing and this school10.60 miles
Public Magnet Grades 6-8
High School
4
/10
Cypress Lake High School
6750 Panther Ln
Distance between this listing and this school5.15 miles
Public Magnet Grades 9-12
2
/10
South Fort Myers High School
14020 Plantation Rd
Distance between this listing and this school7.99 miles
Public District Grades 9-12
6
/10
Fort Myers High School
2635 Cortez Blvd
Distance between this listing and this school10.59 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school3.21 miles
Public Magnet Grades PK-5
7
/10
Rayma C. Page Elementary School
17000 S Tamiami Trl
Distance between this listing and this school7.61 miles
Public District Grades PK-5
5
/10
Tanglewood Elementary School
1620 Manchester Blvd
Distance between this listing and this school7.86 miles
Public District Grades PK-5
Assigned Schools
3
/10
Lexington Middle School
16351 Summerlin Rd
Distance between this listing and this school3.54 miles
Public District Grades 6-8
5
/10
Cypress Lake Middle School
8901 Cypress Lake Dr
Distance between this listing and this school5.18 miles
Public District Grades 6-8
1
/10
Fort Myers Middle School
3050 Central Ave
Distance between this listing and this school10.60 miles
Public Magnet Grades 6-8
Assigned Schools
4
/10
Cypress Lake High School
6750 Panther Ln
Distance between this listing and this school5.15 miles
Public Magnet Grades 9-12
2
/10
South Fort Myers High School
14020 Plantation Rd
Distance between this listing and this school7.99 miles
Public District Grades 9-12
6
/10
Fort Myers High School
2635 Cortez Blvd
Distance between this listing and this school10.59 miles
The neighbors living near this home have an average income of $70,249. Most Fort Myers, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16640 Arbor Ridge Dr
What is the listing price of this property?
The listing price of 16640 Arbor Ridge Dr property is $325,000.
What type of property is this?
The property 16640 Arbor Ridge Dr is land located in Fort Myers, Florida, 33908.
Is this property for sale now?
Active Listing: 16640 Arbor Ridge Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 16640 Arbor Ridge Dr are: Heights Elementary School: GreatSchools Rating 7/10Rayma C. Page Elementary School: GreatSchools Rating 7/10Tanglewood Elementary School: GreatSchools Rating 5/10Lexington Middle School: GreatSchools Rating 3/10Cypress Lake Middle School: GreatSchools Rating 5/10Fort Myers Middle School: GreatSchools Rating 1/10Cypress Lake High School: GreatSchools Rating 4/10South Fort Myers High School: GreatSchools Rating 2/10Fort Myers High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,291 (source: MLS/based on county public records data).
How much acreage is this property?
The property 16640 Arbor Ridge Dr is 0.49 acres.
Interested in 16640 Arbor Ridge Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 16640 Arbor Ridge Dr in Fort Myers, FL and zip code 33908 in the Iona neighborhood. This home sits on a 0.49 acre lot. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $325,000.
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. The inventory of homes for sale in Fort Myers, FL between September 2024 and October 2024 increased by 6.3%. 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.
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.
Horse Races
Horse Races
Hiking/backpacking
PGA/LPGA
Stein Mart
Nordstrom Rack
Chico's
LongHorn Steakhouse
Chipotle
Bonefish Grill
Buick
Mazda
Lincoln
Contemporary Inspirational
Rock
Classical