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.
Active
$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
- 1 day |
- 111 |
- 22 |
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#: 2026011505
Originating 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
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $3,250,000+965.6% |
Source: | ||
| 3/1/2006 | Sold | $305,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Iona
Nearby schools
GreatSchools rating
- 5/10Heights Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Lexington Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Cypress Lake High SchoolGrades: 9-12Distance: 3.1 mi








