LSI Companies is pleased to present The Nest, a unique waterfront development opportunity fully entitled for a 62-unit multifamily project with amenities.
The 12± acre site is located in a federally designated Opportunity Zone on highly trafficked Tamiami Trail (US-41), between Alico Road and Estero Parkway. With substantial demand for new multifamily housing in this under served market, The Nest offers a rare opportunity to acquire the only fully entitled residential development opportunity in this corridor.
The Nest includes plans for 62 units across three buildings, with ERP and development order approvals nearing completion. Situated along scenic Mullock Creek, the property is just minutes from Mullock Creek Marina, offering Gulf access via Estero Bay. Centrally located on US-41 (AADT: 52,500) The Nest provides easy access to grocery stores, dining and entertainment, a multitude of recreation activities, and major Fort Myers retail and commercial hubs.
The entire project encompasses 15.75± acres, including the 12± acre residential component. Buyers have an opportunity to acquire the adjacent 3.75± acre CPD-zoned tract fronting US-41 at an additional cost. This tract is approved for up to 10,000 square feet of commercial space across two buildings, with plans for a kayak/canoe launch, retail component, and restaurant space. The CPD addition offers a unique opportunity for a seamlessly integrated mixed-use development in a highly sought-after location.