1526 Park Ave

Description

Vacant residential and mixed-use Urban General (U-GEN) lot ideally positioned adjacent to the ONE and ALLURE luxury condominium towers. The property is located in close proximity to the historic Downtown Fort Myers River District, a true waterfront jewel that seamlessly blends rich history with a vibrant, modern urban lifestyle creating an unmatched destination for living, working, and entertainment. Through strategic redevelopment led by the Community Redevelopment Agency (CRA), Downtown Fort Myers has been revitalized into a dynamic and growing urban core known as “The City of Palms.” In recent years, the district has attracted a diverse mix of new businesses, including dining, retail, arts, and cultural venues, making it an increasingly popular destination for both residents and visitors. The area offers a rare combination of tropical charm, urban energy, and year-round entertainment. This mixed-use lot in the Fort Myers River District is zoned Urban General, allowing for a wide range of permitted uses, including work/live spaces, office, multi-family, and single-family development. The property benefits from strong commercial visibility and is located approximately 160 feet from a signalized intersection at First Street. Fort Myers continues to experience significant growth, with numerous projects currently in both the planning and permitting stages. Notable nearby developments include Montage at Midtown, a major mixed-use project featuring residential, commercial, and structured parking, including a four-story multifamily complex with 321 apartments, a five-story amenity building, and a 585-space parking garage. With approximately 24,000 AADT (Annual Average Daily Traffic) and its strategic location within a rapidly evolving urban district, this property represents an exceptional opportunity for future development.