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Turtle Trail Ln

St. James City, FL 33956
  • $9,060,000
  • STATUS: Active
  • ON SITE: 334 Days
  • MLS #: 221046568
UPDATED: 20 min ago
$9,060,000
  • 0
    BEDS
  • 57.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Lee

School Ratings & Info

Description

302 DOOR FRONT - Windjammer Point Development with 2 lakes, city water , roads, graded elevation and drainage swales, sewer, Electric and Communication hookup agreements, all engineering is completed, each door front is currently priced at $30,000 each in ST. JAMES CITY, FLFULLY ENTITLED LAND VALUE formula:National Standard For Residential and/or Door Front Land valuation With Full Entitlements and All Infrastructure In Place is 20% - 25% of appraised (as built door front) - As of 12-27-2021 we have an appraised (as built) value of $500,000 per door front.Therefor The Land value is $100,000 - $125,000 of appraised (as built door front)Partially entitled with partial infrastructure: (Lakes, Grading, Drainage Swales, city Water & Sewer hookup agreements) is generally priced at 6% of appraised (as built door front value is $500,000 x 6%) = $30,000 x 302 approved door fronts = $9,060,000Fully Entitled with partial infrastructure: (Lakes, Grading, Drainage Swales and city Water & Sewer hookup agreements) is generally priced at 12% of appraised (as built door front value which is $500,000 x 12%) = $60,000 x 302 approved door fronts = $18,120,000

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The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than LuxRE LLC are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Data last updated 2022-05-27T17:25:19.653. Some properties that appear for sale on this website may no longer be available. For the most current information, contact LuxRE LLC, 239-776-8626, bouncedemail@boomtownroi.com. Licensed in the State of Florida.
www.luxreswfl.com/homes/118762367
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Turtle Trail Ln St. James City, FL 33956

  • Price: $9,060,000
  • Status: Active
  • On Site: 334 Days
  • Updated: 20 min ago
  • MLS #: 221046568
0
Beds
0
Baths
0
½ Baths
57.02
Acres
Neighborhood:
Pine Island
County:
Lee
Area:
Pi02 - Pine Island (South)
Property Description
302 DOOR FRONT - Windjammer Point Development with 2 lakes, city water , roads, graded elevation and drainage swales, sewer, Electric and Communication hookup agreements, all engineering is completed, each door front is currently priced at $30,000 each in ST. JAMES CITY, FLFULLY ENTITLED LAND VALUE formula:National Standard For Residential and/or Door Front Land valuation With Full Entitlements and All Infrastructure In Place is 20% - 25% of appraised (as built door front) - As of 12-27-2021 we have an appraised (as built) value of $500,000 per door front.Therefor The Land value is $100,000 - $125,000 of appraised (as built door front)Partially entitled with partial infrastructure: (Lakes, Grading, Drainage Swales, city Water & Sewer hookup agreements) is generally priced at 6% of appraised (as built door front value is $500,000 x 6%) = $30,000 x 302 approved door fronts = $9,060,000Fully Entitled with partial infrastructure: (Lakes, Grading, Drainage Swales and city Water & Sewer hookup agreements) is generally priced at 12% of appraised (as built door front value which is $500,000 x 12%) = $60,000 x 302 approved door fronts = $18,120,000
Exterior Features

Boat Access None Canal Width None Gulf Access YN No Irrigation Lake/Canal Lot Back 0 Lot Desc 5 Plus Lots Lot Frontage 0 Lot Left 0 Lot Right 0 Rear Exposure W Road Paved Road View Wooded Area Waterfront Desc Lake Waterfront YN Yes

Property Features

Amenities None Amenity Rec Fee 0.00 Approval None Available Documents AerialAppraisalEngineering StudyEnvironmental StudySee RemarksPud PlanSurvey Community Type Gated Condo Fee 0.00 Foreclosed Reo YN No Hoa Fee 0.00 Land Lease Fee 0.00 Land Use Code 03-Multi-Family-10 Units Or More Legal Unit Na Lot Type Acreage Lot Unit 302 Maintenance None Management None Mandatory Club Fee 0.00 Master Hoa Fee 0.00 MLS Naples One Time Land Lease Fee 0 One Time Mandatory Club Fee 0 One Time Other Fee 0 One Time Rec Lease Fee 0 One Time Special Assessment Fee 0 Planned Use See Remarks Possession At Closing Potential Short Sale YN No Restrictions None/Other Sewer None Source Of Measure Lot Dimensions Developer Brochure Source Of Measure Lot Size Developer Brochure Special Assessment 0.00 Subdivision Or Condo Name Pine Island Tax Desc County Only Tax District Type Municipal Service Tax Unit Tax Year 2020 Taxes 44000.00 Transfer Fee 0.00 Usage Multi_Sf Utilities Available CableElectricOther Water None Zoning Code Rm-2

Listing courtesy of Coldwell Banker Realty: 239-263-3300.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2022 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it


The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than LuxRE LLC are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Data last updated 2022-05-27T17:25:19.653. Some properties that appear for sale on this website may no longer be available. For the most current information, contact LuxRE LLC, 239-776-8626, bouncedemail@boomtownroi.com. Licensed in the State of Florida.
 
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