11088 Kelly Rd, Fort Myers, FL 33908 - Photo 1

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$3,250,000

For Sale
Active
Commercial Land
4.622 Acres
Updated 12 days ago

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Property Description

Rare development opportunity in the highly desirable South Fort Myers corridor. This 4.6± acre site offers a prime infill location on Kelly Road just minutes from Sanibel Island, Fort Myers Beach, and the major commercial corridors of Gladiolus Drive, Summerlin Road, and US-41. The property has already been rezoned for multifamily residential use and includes an approved Master Concept Plan for a 69-unit residential development, providing significant value and reducing entitlement risk for a future developer. The conceptual design envisions a low-rise multifamily community with multiple residential buildings, amenities, parking, and supporting infrastructure. With rezoning completed and planning work already advanced, this site represents a strong opportunity for a builder or investor to continue the development process and bring a multifamily project to market in one of the most supply-constrained areas of Lee County. The location benefits from close proximity to beaches, major employment centers, retail, healthcare, and year-round tourism demand. South Fort Myers continues to experience strong population growth and housing demand, particularly in the coastal corridor between Fort Myers and Sanibel. Direct frontage on Kelly Road provides convenient access and visibility while still offering a quiet residential setting surrounded by established communities. Water and sewer infrastructure are available in the area, supporting future development potential. Opportunities to acquire entitled or rezoned multifamily land of this size and location are increasingly limited in South Fort Myers. This property is well suited for multifamily rental, build-to-rent communities, or a boutique residential development designed to serve the strong demand generated by the nearby coastal destinations. Developers and investors seeking a strategic site in a high-growth market are encouraged to inquire for additional planning information and documentation related to the approved concept plan.

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Full Property Details

Full Property Details for 11088 Kelly Rd

General

Price: $3,250,000
Taxes: (2025)
Status: Active
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 2026011505
Updated: 3/6/2026
Added to Site: 12 day(s) ago

Additional Information

Shared Amenities: Clubhouse, Park, Pool, Community Room, Community Spa/Hot tub, Dog Park, Fitness Center, Pickleball, Sidewalks, Street Lights, Gated

Location

Area: FM12 - Fort Myers Area
County: Lee
Subdivision: FORT MYERS
Building Name: FORT MYERS
Driving Directions: From US-41 (Tamiami Trail), head west on Gladiolus Drive for approximately 2 miles. Turn left onto Pine Ridge Road and continue south for about 0.5 miles. Turn right onto Kelly Road. The property will be on the right-hand side of the road.
Direction Faces: South

Community

Assoc. Fees Include: Cable TV, Insurance, Internet, Irrigation Water, Maintenance Grounds, Legal/Accounting, Street Lights, Street Maintenance, Trash, Water, Manager, Pest Control Exterior, Rec Facilities, Reserve, Security, Sewer
Management Type: Professional

Utilities

Sewer: None
Water: None, Irrigation Water
Cable Available: Yes
Utility Description: Underground Utility, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Underground Utilities, Water Available

Structural Information

Description/Design: Commercial Lot
Current Bldg. Use: Commercial, Mixed Use, Multi_MF, Multi_SF, PUD

Lot Features

Property View: Lake
Lot Size (Acres): 4.622
Lot Size (Sq. Ft.): 201,334
Lot Size Source: Property Appraiser Office, Survey
Lot Dimensions: 275 x 275 x 660 x 660
Frontage Feet: 275
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Fence: Yes
Irrigation System: Central, Lake/Canal
Lot Features: Oversize, Cleared, Filled
Potential Use: Central Urban
Trees/Vegetation: Grassed, Mangrove
Zoning: MC2
Lot Description: Oversize, Cleared, Filled
Fencing (Description): Fenced

Water Features

Water Front: Yes
Water Front Desc.: Lake
Lake Front: Yes
Canal Width: None

Financial Considerations

Price Per Acre: $703,158
Tax Year: 2025
Terms: Assumable, Buyer Finance/Cash, Cash, Consider 1st Mortgage, Consider 2nd Mortgage, Owner Will Carry

Disclosures and Reports

Legal Description: PARL IN S E 1/4 AS DESC IN OR 1368 PG 1340
Property ID: 31-45-24-L3-00015.0010
Section: 31
Block: 15
Lot Number: 103

Listed by North and Vrillaud Realty Group

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Schools

Schools serving 11088 Kelly Rd

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Heights Elementary School 15200 Alexandria Court, Fort Myers, FL 33908	K-5	1.1 mi
Rayma C. Page Elementary School 17000 South Tamiami Trail, Fort Myers, FL 33908	K-5	5.7 mi
Villas Elementary School 8385 Beacon Boulevard, Fort Myers, FL 33907	K-5	5.9 mi
Lexington Middle School 16351 Summerlin Road, Fort Myers, FL 33908	6-8	1.6 mi
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919	6-8	3.3 mi
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919	9-12	3.1 mi
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912	9-12	5.9 mi
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901	9-12	8.9 mi
Tanglewood Elementary School 1620 Manchester Boulevard, Fort Myers, FL 33919	K-5	6 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11088 Kelly Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/06/2026

Listed

$3,250,000

-7.14%

MLS

9/15/2022

Sold

$3,500,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 11088 Kelly Rd

Year

Property Taxes

Change

Tax Assessment

Change

2025

$13,842

$1,875,890

—

2024

$13,481

424%

$1,875,890

891%

2023

$2,574

-11%

$189,334

-3%

2021

$2,878

-27%

$194,842

-21%

2022

$3,939

37%

$247,150

42%

2021

$2,878

15%

$174,415

50%

2018

$2,505

$116,651

-28%

2017

$2,395

18%

$163,117

38%

2016

$2,031

$118,458

2015

$1,942

$112,501

2014

$1,799

-29%

$105,203

-18%

2019

$2,540

63%

$128,316

63%

2013

$1,555

—

$78,589

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 11088 Kelly Rd

11088 Kelly Rd, Fort Myers, FL 33908 (MLS# 2026011505) is a Commercial Land property with a lot size of 4.622 acres. 11088 Kelly Rd is currently listed for $3,250,000 and was received on March 06, 2026. Want to learn more about 11088 Kelly Rd? Do you have questions about finding other Commercial Land real estate for sale in Fort Myers? You can browse all Fort Myers real estate or contact a Coldwell Banker agent to request more information.

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11088 Kelly Rd Fort Myers, FL 33908