$3,500,000
11088 Kelly Road Fort Myers, FL 33908
For Sale MLS# 2026011505
Commercial
Details for 11088 Kelly Road
MLS# 2026011505
Description for 11088 Kelly Road, Fort Myers, FL, 33908
This property presents a unique opportunity to reposition an already approved multifamily site into a premium flex space development, aligned with current market demand in the Fort Myers area. Located along the highly desirable Kelly Road corridor in South Fort Myers, this ±4.6-acre site benefits from an approved Master Concept Plan (MCP) for 69 multifamily units, providing a strong entitlement foundation and reducing upfront development risk. While currently approved for multifamily, the property offers significant upside through repositioning into a flex space / light industrial ownership concept, which is increasingly in demand in the area. A conceptual layout supports approximately 50,000–55,000 SF of flex space, with small-bay units ideal for contractors, service-based businesses, storage users, and owner-operators. The site is situated in a well-established service corridor with a strong presence of contractors and local businesses, offering excellent access, visibility, and proximity to surrounding residential areas. The South Fort Myers submarket continues to show limited availability of modern flex space, with much of the existing inventory being older and not designed for ownership. This creates a clear opportunity to deliver a clean, modern, and premium flex product that outperforms existing supply. Conceptual development potential includes approximately 54,000 SF of buildable space, with target pricing in the range of $290–$320+ per SF and a potential gross sellout in the $15M–$17M range. Conceptual development strategy available upon request. Buyer is not limited to multifamily — repositioning to flex space may significantly enhance project returns while leveraging the existing site planning framework. This is a rare opportunity to acquire a well-located, partially entitled site with multiple development paths and strong upside potential. All development concepts are conceptual and subject to buyer verification, due diligence, and applicable approvals.
Listing Information
Property Type: Commercial, Commercial,Unimproved Land
Status: Active
Lot Size: 4.62 Acres
Subdivision: Fort Myers
Current Use: Commercial,Multi-Family,Mixed Use
County: Lee
Days On Market: 32
Utilities
Other Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Trash Collection,Water Available,Sewer Not Available,Underground Utilities,Water Not Available
Exterior / Lot Features
Pool: Community
Lot View: Lake,Mangroves
Lot Dimensions: 275 x 660 x 275 x 660
Zoning: MC2
Topography: Filled
Fencing: fenced
Additional Exterior/Lot Features: Cleared, Oversized Lot
Waterfront Details
Water Front Features: Lake
Community Features
Community Features: Gated, Street Lights
Association Amenities: Pickleball, Dog Park, Park, Sidewalks, Pool, Management, Clubhouse, Fitness Center, Spa/Hot Tub
HOA Dues Include: Recreation Facilities, Street Lights, Security, Sewer, Cable TV, Internet, Trash, Water, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Association Management, Pest Control, Reserve Fund, Road Maintenance
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.
Financial Considerations
Terms: All Financing Considered,Assumable,Cash,Owner May Carry,Owner May CarrySecond
Tax/Property ID: 31-45-24-L3-00015.0010
Tax Amount: 13888.15
Tax Year: 2025
A broker reciprocity listing courtesy: North and Vrillaud Realty Group
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Copyright 2026 FGCMLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 11088 Kelly Road
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 11088 Kelly Road
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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