NOT LISTED FOR SALE

Estimated Value: $537,960

0.8 Acres
$673,713 Price per Acre
34,783 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $599,000

Est. 10% decrease in value since last sale

Current estimated payment $3,244/month

301 Days on Market

About This Lot

As of July 2023

AS IS VACANT COMMERCIAL LOT ZONED C-2 0.8 AC. This Prime Development Lot is located on the corner of a lighted intersection off SR 82(27,000 AADT) and Ray Ave S. in Lee County. Great access from both SR 82 and Meadow Rd. Across the street from the brand new Gateway High School and an enormous up-and-coming Lennar development. Perfect location for a Gas Station, Coffee Shop, Retail Center, Fast Food, etc. Zoned C-2: The purpose and intent of the C-1A, C-1 and C-2 districts is to regulate the continuance of commercial and select residential land uses and structures lawfully existing in the C-1A, C-1 and C-2 districts as of August 1, 1986, and as initially permitted by the county zoning regulations of 1962, as amended, and 1978, as amended, respectively. Subsequent to February 4, 1978, no land or water shall be rezoned into the C-1A, C-1 or C-2 districts. In no case shall new development be permitted in any existing C-1A, C-1 or C-2 district that is inconsistent with the Lee Plan. This is generally the least restrictive district in this category

Last Agent to Sell the Property

Alec Salameh

Coldwell Banker Realty License #258028496 Listed on: 08/08/2022

Coldwell Banker Realty

Last Buyer's Agent

Non-listing FGC MLS Non-Listing agent

FGC Non-MLS Office License #258029255

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,011

Lot Details

  • 0.8 Acre Lot
  • Southwest Facing Home
  • Corner Lot
  • Property is zoned C-2

Utilities

  • Water Not Available
  • Septic Tank

Community Details

  • Association fees include sewer
  • Lehigh Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 35
  • Assessor Parcel Number 05-45-26-03-00036.0270

Property Details

Property Type

Land

Est. Annual Taxes

$2,011

Lot Details

0.8 Acres

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.7985
  • Road Surface Type: Paved
  • Subdivision Name: LEHIGH ACRES
  • Directions: Go W on SR 82. Corner lot will be on your right side across from Griffin Dr./Gateway Highschool right on Meadow Rd and SR 82.
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: Southwest

Utilities

  • Sewer: Septic Tank
  • Utilities: None, Other, Water Not Available
  • Water Source: None

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Current Use: Commercial
  • Parcel #: 05-45-26-03-00036.0270
  • Zoning Description: C-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2010.91
  • Tax Block: 35
  • Tax Lot: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2025
Sold by
Gratia Properties Meadow Llc
Bought by
Plaza Street Fund 353 Llc
Current Estimated Value
$537,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000,000
Outstanding Balance
$109,242,038
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 8, 2022
Closed on
Jul 6, 2023
Sold by
82 Investments Llc
Bought by
Gratia Properties Meadow Llc
Seller's Agent
Alec Salameh
Coldwell Banker Realty
Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
List Price
$599,000
Sold Price
$599,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2021
Sold by
Zahran Mohammed
Bought by
82 Investments Llc

Purchase Details

Closed on
Sep 15, 2020
Sold by
82 Investments Llc
Bought by
Zahran Mohammed

Purchase Details

Closed on
Dec 2, 2019
Sold by
Zahran Mohammed
Bought by
82 Investments Llc

Purchase Details

Closed on
May 24, 2019
Sold by
Zahran Mohammed
Bought by
82 Investments Llc

Purchase Details

Closed on
Dec 12, 2018
Sold by
Persaud Gnarine
Bought by
Zahran Mohammed

Purchase Details

Closed on
Feb 10, 2009
Sold by
Pf Holdings Florida Llc
Bought by
Persaud Gnarine and Persaud Sharmila

Purchase Details

Closed on
May 31, 2008
Sold by
Us Home Corp
Bought by
Pf Holdings Florida Llc

Purchase Details

Closed on
Sep 5, 2003
Sold by
Sims Richard
Bought by
Sims Richard A and Sim Suzanne M

Purchase Details

Closed on
May 6, 2003
Sold by
Gravina Peter J
Bought by
U S Homes Corp

Purchase Details

Closed on
Nov 18, 2002
Sold by
Ricketts J Gordan
Bought by
Gravina Peter J

Purchase Details

Closed on
Sep 19, 1994
Sold by
Ricketts J Gordon and Ricketts Sarah C
Bought by
Ricketts J Gordon

Purchase Details

Closed on
Dec 28, 1993
Sold by
Lehigh Corp
Bought by
Becker Ronald J and Becker Carolyn
Source: Public Records
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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
Plaza Street Fund 353 Llc $825,000 First American Title
Gratia Properties Meadow Llc $599,000 None Listed On Document
82 Investments Llc $100 None Listed On Document
Zahran Mohammed $100 None Listed On Document
82 Investments Llc -- Attorney
82 Investments Llc -- Accommodation
Zahran Mohammed $112,500 Florida Title One Llc
Persaud Gnarine $170,000 North American Title Company
Pf Holdings Florida Llc $75,000 North American Title Company
Sims Richard A -- --
U S Homes Corp -- --
Gravina Peter J $8,500 --
Ricketts J Gordon -- --
Becker Ronald J $8,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plaza Street Fund 353 Llc $110,000,000
Previous Owner Gratia Properties Meadow Llc $299,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $599,000 0.0% --
06/06/2023 06/06/23 Pending -- -- --
08/08/2022 08/08/22 For Sale $599,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 $4,976 $420,720 $420,720 --
2024 $4,976 $511,935 $511,935 --
2023 $4,976 $150,168 $0 $0
2022 $1,919 $136,516 $136,516 $0
2021 $1,978 $136,516 $136,516 $0
2020 $1,593 $102,387 $102,387 $0
2019 $1,296 $89,588 $89,588 $0
2018 $110 $7,438 $7,438 $0
2017 $102 $6,575 $6,575 $0
2016 $77 $3,500 $3,500 $0
2015 $84 $4,375 $4,375 $0
2014 -- $1,313 $1,313 $0
2013 -- $1,313 $1,313 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222059473

Florida Gulf Coast Multiple Listing Service

APN: 05-45-26-03-00036.0270

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