5100 Island Villages Circle #A-U Saint James City, FL $ 15,000,000
5100 Island Villages Circle #A-U
$ 15,000,000
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5100 Island Villages Circle #A-U

Saint James City, FL, 33956
$ 15,000,000
Baths0.0

Monthly Estimate*

$ 99,695

5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 1
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 2
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 3
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 4
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 5
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 6
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 7
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 8
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 9
5100 Island Villages Circle #A-U, Saint James City, FL 33956 - Image 10
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Studio

Lots and Land for sale in Saint James City, FL

for $15,000,000. The lot size is 66.

This is a great opportunity to develop up to 480 units and the Development Order on this project will never expire in SW Florida. The development project has partial infrastructure in place. Lee County has already approved the Four Plex Master Building Plan. This Property is Fully Entitled, shovel ready, and permitted to build 120 four-plex buildings. The development plans and condo docs have been completed. There is a total of 131`acres with 66 acres buildable , the balance is conservation land. City water is to 25% of the property, the sewer runs the graded loop, LCEC power easement is granted and recorded, and culverts are 80% completed. Recreation center is partially built. The project meets all the new FEMA flood elevation standards. Contact us today to purchase the entire development. Ron Abboud is related to Seller and Co-Lister on the property.

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Lots and Land Active

Price

$ 15,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 7,006

Style

Lot Size

66

Town/City

Saint James City

County/Region

Lee

MLS | Web ID

A4578269

Features
General
Sewer Public Sewer
Utilities Electrical Nearby Other Sewer Nearby Water Nearby
Zoning RM2
HOA 400
Pets Allowed Yes
Unit Number A-U
Tax Year 2022
Current Use Multi-Family
Percent Ownership Condominium
HOA Fee 2 0
Assoc Fee Paid Per Monthly
County Lee
Property Type Land
HOA / Comm Assn Y
Status Active
Directions West on Pine Island Drive South on Stringfellow Drive and then right on Island Villages Circle.
City SAINT JAMES CITY
Buyer Agent Compensation 3%
MLS Area 33956 - Saint James City
Lot Size Square Feet 1096006
Waterfront Y/N No
Street Name Island Villages Circle
Tax Annual Amount 7006.19
Public Remarks This is a great opportunity to develop up to 480 units and the Development Order on this project will never expire in SW Florida. The development project has partial infrastructure in place. Lee Co
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4578269
Days on Market 236
Standard Status Active
Legal Description PARL IN SE 1/4 DESC IN OR 1995 PG 3343 PARCEL REC
Water Access Y/N No
Monthly HOA Amount 400
Water View Y/N No
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Exterior
Water Source Public
Lot Size Area 25.1608
Lot Dimensions Varies
Lot Size Acres 66
Road Surface Type Dirt
Lot Size Units Acres
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Interior
Total Baths 0
Living Area Units Square Feet
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* Excluded Features
List By
Coldwell Banker Commercial Nrt

Broker

janet.robinson@nrtllc.com

Email

Affordability Calculator

$100,278
Per Month
99%
1%
0%
Monthly Principal & Interest
$99,695
Monthly Property Taxes
$584
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$15,000,000 -2.34% Price Down
8/2/2023$15,360,000 Listed Price

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5100 Island Villages Circle #A-U, Saint James City, FL, 33956 is a Lots and Land for sale at $15,000,000 with a lot size of 66. 5100 Island Villages Circle #A-U is a studio with 0.0 baths. The property's zip code is 33956 which is in Saint James City, FL