Rare RM-2 zoned corner parcel with potential for up to 5 residential units, presenting a strong infill development opportunity in a desirable Fort Myers location near McGregor Boulevard, marinas, and the Caloosahatchee River. This approximately 0.40-acre mostly cleared lot offers flexibility for multi-family or single-family development with up to 3-story height potential, subject to buyer verification and applicable approvals. Conceptual development plans and renderings illustrate both 4-unit and 5-unit residential development options. Conceptual site plans prepared by Johnson Engineering are included in the listing photos. Plans and renderings are for illustrative purposes only and are not approved site plans, development orders, or building permits. Corner positioning at Iona Road and Peppertree Drive provides excellent access and visibility. Public utilities are available including water, sewer, electric, and underground wiring. No HOA restrictions allow greater flexibility in planning and design. Surrounded by established neighborhoods, waterfront communities, boating amenities, and nearby recreational facilities, this property is well suited for builders, investors, or end users seeking an infill development opportunity in a well-located corridor. Opportunities with this zoning and parcel size are increasingly limited in this area. Final density and development potential are subject to Lee County review and approval. Buyer to conduct all due diligence regarding zoning, density, permitted uses, utilities, and development requirements.
Vacant landProperty Type
0.4 acresLot Size
$549,750Price/Acres
Listed by Janka Varmuza• Royal Shell Real Estate, Inc.
The purpose of the RM multiple-family districts is to designate suitable locations for residential occupancy of various types of conventional residential buildings for projects which are not already approved planned unit developments or which fall below the criteria for residential planned developments, and for facilitating the proper development and protecting the subsequent use and enjoyment there of. The RM Districts are intended for use only within the future urban areas as designated by the Lee Plan and are subject to the range of densities for each land use category accommodating residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Healthcare
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Educational / school
Park & open space
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fort Myers, FL • 33908
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 11780 Iona Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $155,700 and $532,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $156K to $533K.