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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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621 Ortiz Ave , Fort Myers, FL 33905
$2,990,000
Est. Payment: $16,385.85/mo
9.57 Acres
Status: active | Days on site: 45
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CBRE58 - 3364483
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House Description

Outstanding residential development opportunity at 621 Ortiz Ave, Fort Myers, Florida. This approximately 9.8-acre development site is approved for up to 144 townhome or multifamily residential units, with potential for additional density subject to approved plans, entitlements, and applicable local regulations. Strategically located in the growing Fort Myers market, the property offers convenient access to major highways, employment centers, shopping, healthcare facilities, schools, and regional transportation. This versatile development opportunity is ideally suited for residential developers, multifamily investors, homebuilders, build-to-rent operators, and land investment groups seeking residential development land in Southwest Florida. With approved residential density and access to essential amenities, this property presents an opportunity to develop townhomes or multifamily housing in a market experiencing continued growth and housing demand. An attractive opportunity for investors seeking multifamily development land, townhome development sites, approved residential land, or income-producing residential development potential in Fort Myers, Lee County, Florida. Additional density and development feasibility should be independently verified with the appropriate local authorities.

Highlights

Listed by Denice Landaeta , 954-914-6339 Coldwell Banker Realty , 954-384-0099. REALTOR Association of Greater Miami and the Beach

Property Type

Vacant Land

Lot/Acreage
9.57

County

Lee

Area

5940 Florida Other

Listing ID

A12084765

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Interior Features

Water:Other

Exterior Features

Lot:5-10 Acres
Lot Dimensions:3x1279
Zoning:RPD
Sewer:Other
Principal Interest
$16,386
Taxes
$225

Home Price

$2,990,000

Loan Details

30 yrs
7.292%

Down Payment

20%
$598,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,385.85

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,385.85 $225.08 $0.00 $16,610.94
Yearly $196,630.25 $2,701.00 $0.00 $199,331.25
Total $5,898,907.47 $81,030.00 $0.00 $5,979,937.47

Today's Rates

30 Year

7.29%

20 Year

6.92%

15 Year

6.5%

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Market insight data is pulled from the same city as the listing being viewed (Fort Myers, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-31T21:07:14.000Z

© 2026 REALTOR Association of Greater Miami and the Beach