NOT LISTED FOR SALE
625 Acres
-- Price per Acre
27,225,000 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $3,873,300

403 Days on Market

Highlights

  • Lake Front
  • Corner Fireplace
  • 1-minute walk to Frank Mann Preserve
  • 625 Acre Lot

About This Lot

As of April 2019

Rare opportunity to own an entire SECTION - Section 10 of Lehigh Acres - 1 square mile - 625 acres in total - previously approved for a CDD by Lee County for 1,750 homes plus 280,000 s.f. commercial/retail, plus 80,000 s.f. office space. Includes 20 acres zoned commercial on Joel Blvd. You are not required to build homes on this parcel - other possible uses include water bottling plant, equestrian preserve, nursery/tree farm, RV and adventure park, recreational preserve, training grounds for law enforcement, wildlife preserve, or whatever you can imagine as long as the County approves it. Ask your agent for additional parcel info and for the website about this special and unique property. Opportunities like this do not come very often and maybe never again!

Last Agent to Sell the Property

William True

True Real Estate Inc License #BEAR-702715 Listed on: 01/31/2018

Last Buyer's Agent

William True

True Real Estate Inc License #BEAR-702715 Listed on: 01/31/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,639

Lot Details

  • 625 Acre Lot
  • Lake Front
  • Home fronts a canal
  • West Facing Home
  • Property is zoned MPD

Property Views

  • Lake
  • Views of Preserve
  • Woods
  • Canal

Interior Spaces

  • Corner Fireplace

Community Details

  • Lehigh Acres Condos

Listing and Financial Details

  • Assessor Parcel Number 10-44-27-00-00001.0010
  • Tax Block 1

Property Details

Property Type

Land

Est. Annual Taxes

$4,639

Lot Details

0

Listing Details

  • Legal Description: PARL IN E1/2 AS DESC IN OR2362/2531
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Other Pi Ds: 10-44-27-00-0002.0000 10-44-27-00-0001.0010 10-44-27-00-0003.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Canal Width: Canal Width 1-80
  • Gulf Access Yn: No
  • Waterfront Description: Canal, Fresh Water, Lake
  • Road: County Maintained
  • Subdivision Info: Remarks
  • View: Canal, Lake, Preserve, Water, Wooded Area

Condo/Co-op/Association

  • Sub Condo Name: LEHIGH ACRES

Association/Amenities

  • Development: Lehigh Acres
  • Community Type: Non-Gated

Lot Info

  • Lot Back: 43560
  • Lot Frontage: 43560
  • Lot Left: 43560
  • Lot Right: 43560
  • Lot Unit: 1
  • Price Per Acre: 6197.28
  • Section: 10
  • Zoning Code: MPD
  • Acres: 625.0000
  • Waterfront: Yes
  • Land Use Code: 00-Vacant Residential
  • Lot Description: 5 Plus Lots, Corner, Oversize
  • Lot Type: Commercial Lot
  • Rear Exposure: W
  • Parcel Number: 10-44-27-00-00001.0010

Tax Info

  • Taxes: 4638.98
  • Tax Year: 2017
  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 16, 2019
Sold by
Harmony Estates Llc
Bought by
Lee County
Seller's Agent
William True
True Real Estate Inc
Buyer's Agent
William True
True Real Estate Inc
List Price
$5,300,000
Sold Price
$3,873,300
Premium/Discount to List
-$1,426,700
-26.92%

Purchase Details

Closed on
Oct 9, 2012
Sold by
Eagle Fl Vi Spe Llc
Bought by
Harmony Estates Llc

Purchase Details

Closed on
May 16, 2005
Sold by
Bonita 10750 Ltd
Bought by
Section 10 Joint Venture Llp

Purchase Details

Closed on
Aug 26, 2004
Sold by
Ball Vernon A
Bought by
Bonita 10750 Ltd

Purchase Details

Closed on
Jan 22, 2004
Sold by
D W Walters Ent Inc
Bought by
Ball Vernon A

Purchase Details

Closed on
Feb 5, 1998
Sold by
Lehigh Corp
Bought by
D W Walters Ent Inc

Purchase Details

Closed on
Mar 20, 1997
Sold by
Lehigh Corp
Bought by
D W Walters Ent Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee County $3,873,300 Attorney
Harmony Estates Llc $1,600,000 Attorney
Section 10 Joint Venture Llp $22,500,000 --
Bonita 10750 Ltd -- --
Ball Vernon A $4,500,000 --
D W Walters Ent Inc -- --
D W Walters Ent Inc $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2019 04/30/19 Sold $3,873,300 0.0% -- View Prior Sale
04/30/2019 04/30/19 Sold $3,873,300 -26.9% --
03/31/2019 03/31/19 Pending -- -- --
01/31/2018 01/31/18 For Sale $5,300,000 0.0% --
01/12/2018 01/12/18 For Sale $5,300,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $3,099,418 $3,095,000 --
2024 -- $3,099,418 $3,095,000 --
2023 $0 $0 $0 $0
2022 $0 $3,098,142 $3,095,000 $3,142
2021 $0 $3,098,403 $3,098,403 $0
2020 $0 $3,098,665 $3,095,000 $3,665
2019 $0 $659,645 $659,645 $0
2018 $31,349 $659,645 $659,645 $0
2017 $30,572 $565,410 $565,410 $0
2016 $27,901 $565,410 $565,410 $0
2015 $27,939 $565,410 $565,410 $0
2014 -- $565,410 $565,410 $0
2013 -- $565,410 $565,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 218009218

Multiple Listing Service of Bonita Springs-Estero

APN: 10-44-27-00-00001.0000