About this home
4.99+/- acres located on Palm Beach Blvd (midway between I-75 and S.R. 31 - main entry corridor to Babcock Ranch). Cleared, partially filled, and full median cut. Zoning resolution (CPD) and development order in place (45,000sf building). High growth area with increasing rooftops. Zoning allows for office, medical, retail, farm equipment sales/service, small equipment/vehicle dealers, and heavy equipment sales/service. 300' of frontage on Palm Beach Blvd. 40,000+ homes planned or under construction within 5 miles of the site. Babcock Ranch is an 18,000 acre +/- master planned community with nearly 20,000 homes at full buildout. The property is a 15 minute drive to downtown Ft. Myers, 8 minute drive to Babcock Ranch, and 20 minute drive to Southwest Florida International Airport. One of the fastest growing commercial corridors in Lee County.
Listing last checked: Listing updated:
Listed by Mike Maurer · William Raveis Real Estate · MLS #226029364
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Details at a glance
Interior1 property facts
- Rooms
- 0
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 4.99 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $16,519
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $3,490,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$19,024 / monthAdjust
- Principal & interest
- $17,647
- Property tax
- $1,377
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $16,519. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$899,000 · Sold $875,000 · May 14, 2021
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About 11300 Palm Beach Boulevard
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