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$15,360,000
213 Days Online

5100 Island Villages Circle
Saint James City, FL 33956

For Sale|Land|Active
County:
Lee

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5100 Island Villages Circle5100 Island Villages Circle5100 Island Villages Circle
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240 Door Fronts $64, 000 Each 60 Fully Entitled Building Pads Receive Building Permit In 7 Days After Purchase. Completely shovel ready for development, is now available in the desirable Villages Of Pine Island community. The property is subdivided and approved to build 60 Four-Plex Buildings, offering a prime opportunity for developers or investors to capitalize on the demand for new housing in the area. This development offers a unique concept with parceled cul-de-sacs, allowing for the construction of 4-plex condos. The plans have already been approved by the county, streamlining the process for prospective buyers. In addition, partial infrastructure is already in place, with only the extension of the mains required in some cases. The Villages Of Pine Island Development meets the new FEMA flood elevation requirements, ensuring the safety and compliance of the project. Each development wheel parcel has its own tax ID number, providing the flexibility to sell individual pads or the entire group. With a door front dirt value in build at $64, 000, this property offers an attractive investment opportunity. Additionally, building permits can be obtained in as little as 7 days once impact fees are paid. Don't miss out on this exceptional chance to be a part of the thriving Villages Of Pine Island community. Contact us today to learn more and secure your future in this sought-after area. Ron Abboud is related to Seller.

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Listing Snapshot
Price 
$15,360,000
Days Online 
213 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
25 Acres
Year Built 
N/A
MLS Number 
A4578269
Status 
Active
Property Tax 
$7,006
HOA/Condo/Coop Fees 
$400 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 months agoListing updated with changes from the MLS
7 months agoListing first seen online
General Features
Sewer 
Public Sewer
Acreage 
25
Water 
Public
Utilities 
Other
Zoning 
RM2
Ownership 
Condominium
Parcel Number 
04-45-22-00-00010.1170
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Exterior Features
Waterfront Property 
No
Community Features
Association Dues 
400
Pets 
Yes
Township 
45
MLS Area 
33956 - Saint James City
Listing courtesy of COLDWELL BANKER COMMERCIAL NRT 941-487-2456



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-03-03 01:35 PM EST

Neighborhood & Commute
Source: Walkscore
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