16820 State Road 31, Fort Myers, FL 33905

Development property close to Babcock Ranch with Caloosahatchee River/Gulf access. This property is over 22 acres with 930 ft of SR 31/Babcock Ranch Road Frontage. Directly across from The Boathouse Tiki Bar and Grill and the Sweetwater Marina. Access to Caloosahatchee River is 1300 feet via direct, deep water canal on the northeast corner of the property. Zoned for Residential Planned Development for a maximum of 60 multi-family units. Huge potential for storage units or other applications. Owner financing available. Babcock Ranch downtown area will be walkable and bikeable and will include 8,000 homes as well as offices, business parks, hospital care center, shopping, restaurants, entertainment, and lodging. The state plans to continue business enterprises to maintain the publicly owned land as a nature preserve with accommodations for recreation, including hunting, camping, and hiking within Babcock Ranch. This property would be a great addition to any portfolio or as a 1031 exchange.