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Royal Palm Village Land Update 01/26/23

Development Site Available in Fort Myers



A development site is offered for sale in Fort Myers. Royal Palm Village land, an 18.7-acre development site is located in the robust multifamily market of Fort Myers, with +27% multifamily rent growth in 2022. The site is positioned for a multifamily development with nearly 9,000 businesses and 75,600 employees, all located within a 5-mile radius from the site. Located in Lee County along Florida’s Gulf Coast, Fort Myers ranks as one of the fastest-growing cities in the nation due to its strong economy and progressive job growth market. The Fort Myers market is widely known for its island destinations, such as Sanibel and Captiva, both world-renowned for their Gulf of Mexico beaches. Just 15-minutes from the Royal Palm Village land site is Fort Myers Beach, which ranked top five most trending destinations in the nation for the 2022 TripAdvisor Best of the Best Awards.

Photo: CBRE

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