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  • $3,250,000

    11088 Kelly Rd, Fort Myers, FL 33908

    --beds
    --baths
    4.62Acres
    Unimproved Land
    Built in ----
    4.62 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Surrounded by established communitiesQuiet residential setting
    Rare development opportunity in the highly desirable South Fort Myers corridor. This 4.6± acre site offers a prime infill location on Kelly Road just minutes from Sanibel Island, Fort Myers Beach, and the major commercial corridors of Gladiolus Drive, Summerlin Road, and US-41. The property has already been rezoned for multifamily residential use and includes an approved Master Concept Plan for a 69-unit residential development, providing significant value and reducing entitlement risk for a future developer. The conceptual design envisions a low-rise multifamily community with multiple residential buildings, amenities, parking, and supporting infrastructure. With rezoning completed and planning work already advanced, this site represents a strong opportunity for a builder or investor to continue the development process and bring a multifamily project to market in one of the most supply-constrained areas of Lee County. The location benefits from close proximity to beaches, major employment centers, retail, healthcare, and year-round tourism demand. South Fort Myers continues to experience strong population growth and housing demand, particularly in the coastal corridor between Fort Myers and Sanibel. Direct frontage on Kelly Road provides convenient access and visibility while still offering a quiet residential setting surrounded by established communities. Water and sewer infrastructure are available in the area, supporting future development potential. Opportunities to acquire entitled or rezoned multifamily land of this size and location are increasingly limited in South Fort Myers. This property is well suited for multifamily rental, build-to-rent communities, or a boutique residential development designed to serve the strong demand generated by the nearby coastal destinations. Developers and investors seeking a strategic site in a high-growth market are encouraged to inquire for additional planning information and documentation related to the approved concept plan.
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    Zillow last checked: 8 hours ago

    Listing updated: March 06, 2026 at 02:15pm

    Listed by:

    Barbara Spinelli 239-671-0774,

    North and Vrillaud Realty Group

    Source: Florida Gulf Coast MLS,MLS#: 2026011505MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Video & virtual tour

    Property

    Features
    • Pool features: Community
    • Fencing: Fenced
    • Has view: Yes
    • View description: Lake, Mangroves
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake
    Lot
    • Size: 4.62 Acres
    • Dimensions: 275 x 660 x 275 x 660
    • Features: Cleared, Oversized Lot
    • Topography: Filled
    • Residential vegetation: Grassed
    Details
    • Parcel number: 314524L300015.0010
    • Lease amount: $0
    • Zoning description: MC2

    Utilities & green energy

    • Sewer: None
    • Water: None
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available, Sewer Not Available, Underground Utilities, Water Not Available

    Community & HOA

    Community
    • Features: Gated, Street Lights
    • Subdivision: FORT MYERS
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Dog Park, Fitness Center, Pickleball, Park, Pool, Spa/Hot Tub, Sidewalks, Management
    • Services included: Association Management, Cable TV, Insurance, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Street Lights, Security, Trash, Water
    • Condo and coop fee: $0
    • Membership fee: $0
    Location
    • Region: Fort Myers

    Financial & listing details

    • Tax assessed value: $1,875,890
    • Annual tax amount: $13,888
    • Date on market: 3/6/2026
    • Listing terms: All Financing Considered,Assumable,Cash,Owner May Carry,Owner May CarrySecond
    • Electric utility on property: Yes
    • Road surface type: Paved

    Foreclosure details

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,360/mo

    Price history

    Price history
    DateEventPrice
    3/6/2026Listed for sale$3,250,000+965.6%
    Source: Florida Gulf Coast MLS #2026011505 Report a problem
    3/1/2006Sold$305,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$13,888 +3%$483,138 +10%
    2024$13,481 +326.6%$439,216 +132%
    2023$3,160 -19.8%$189,334 -21.8%
    2022$3,939 +36.9%$241,961
    2021$2,878 +7.8%--
    2020$2,669 +5.1%$141,148 -17.2%
    2019$2,540 $170,381 -0.9%
    2018$2,540 +1.4%$172,002 +5.4%
    2017$2,505 +4.6%$163,117 +37.7%
    2016$2,395 +17.9%$118,458 +5.3%
    2015$2,031 +4.6%$112,501 +6.9%
    2014$1,942 +7.9%$105,203 +33.9%
    2013$1,799 +23.2%$78,589 +4.4%
    2012$1,460 +9.3%$75,297 +25.8%
    2011$1,336 -9.5%$59,860 -8.2%
    2010$1,476 -45.3%$65,201 -53.9%
    2009$2,700 -22.1%$141,330 -29.5%
    2008$3,463 -14.3%$200,480 -14.9%
    2007$4,040 +20.5%$235,580 +30%
    2006$3,352 +54.9%$181,160 +86.5%
    2004$2,165 -5.8%$97,120 -0.8%
    2003$2,298 +4.7%$97,940 +3.4%
    2002$2,195 $94,730 +1.6%
    2000-- $93,280

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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    Climate risks

    Neighborhood: Iona

    Getting around

    29 / 100
    Car-Dependent
    50 / 100
    Bikeable

    Nearby schools

    GreatSchools rating

    Local experts in 33908

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