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HOTELMAX REALTY INC. TERRY HATFIELD 813-363-5771 / [email protected] Waterfront Residential / Multi-Family Redevelopment Riverbend Developers Opportunity – Waterfront 41.84 Acres with Infrastructure

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Page 1: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Waterfront Residential / Multi-Family Redevelopment

Riverbend Developers Opportunity – Waterfront 41.84 Acres with Infrastructure

Page 2: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

6270 River Club Ct. North Fort Myers, FL 33917

County: Lee

Property Type: Special Purpose

No. of Buildings: 3

Building Area Size: 4,170 SF

Lot Size : 41.84 Acres

Year Buil t: 1983

Pool: Yes

Price: $1,550,000

• Located within a 212 acre community

• Has existing water access and infrastructure in place

• Property is bordered with acres of native preserves

• MUST REGISTER CLIENT WITH LISTING BROKER

CONFIDENTIAL LISTING - DO NOT CONTACT OWNER OR EMPLOYEES

Property Description

Previously an 18-hole Executive Golf Course, Riverbend Golf and River Club, consists of 41.84 development acres. The property for development has existing water access and most infrastructure is already in place. A waterfront Clubhouse has dockage, a restaurant, bar, community pool, tennis courts and several metal buildings for storage.

This property is a developers dream and resides within a 212 acre community of $500K and up single family luxury homes. This scenic community features miles of naturally winding waterways and is bordered with nearly 100 acres of native woodlands, estuaries and preserves teaming with fish & birds such as Bald Eagles.

Location Description

Located along the shores of the Historic Caloosahatchee River at Mile Marker 34, this development opportunity is approximately 13 miles from the mouth of the Gulf of Mexico and minutes from downtown

Fort Myers.

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EXECUTIVE SUMMARY

Page 3: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

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PROPERTY MAPS

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Page 4: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

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AERIAL VIEW

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Page 5: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

Commercial Real Estate Portfolio

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PROPERTY PHOTOS

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Page 6: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

ABOUT THE CITY OF NORTH FORT MYERS

On the northern shore of the Caloosahatchee River, North Fort Myers is a refreshing blend of town and country. The lush landscape exudes true Southern ambience, thanks to ancient moss-draped oaks, inviting horse farms and tropical riverbanks.

Location:

North Fort Myers is a census-designated place (CDP) in Lee County, Florida, United States. The

population was 36,609 at the 2010 census. It is part of the Cape Coral-Fort Myers, Florida Metropolitan

Statistical Area.

ABOUT FORT MYERS BEACHES

Fort Myers Beach sits on Estero Island, a seven-mile coastline that has captivated the imaginations

of visitors all over. Add family-friendly resorts, quaint cottages, Old Florida Charm, fresh seafood from

the Gulf of Mexico and the annual Shrimp Festival, and it's a beach vacation paradise. Explore truly

wild surroundings at Lovers Key State Park with a refreshing bike ride or a hike flanked by broadleaf

forest. Try fishing in quiet waterways or kayaking alongside gentle manatees. Drive up Estero Island

and across to San Carlos Island for a closer look at the boats of the local Shrimp Fleet. For lunch,

stop at Smokin’ Oyster Brewery, and relish the mouthwatering seafood and intriguing memorabilia.

Later, settle in at the Outrigger Beach Resort’s Tiki Bar or atop The Beached Whale for front-row seats

of the sunset. End the day by unwinding under the stars at Times Square, a pedestrian-friendly shopping

and dining area.

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ABOUT NORTH FORT MYERS, FL

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Page 7: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

Brief History of Fort Myers:

Florida became a US Territory in 1821, and the ensuing wave of settlers asked for protection from the

native Seminoles. Fort Myers was built along the Caloosahatchee River as one of the first bases of

operations during the Seminole Indian Wars. Fort Myers was named in honor of Colonel Abraham C.

Myers, the son-in-law of the commander of Fort Brooke in Tampa.

The fort was abandoned in 1858 and reoccupied by Federal troops from 1863-1865. The Southernmost

battle of the Civil War, a skirmish between Northern and Southern troops occurred across the river in

1865 and is reenacted annually at the North Fort Myers Cracker Festival.

By 1885 Fort Myers was bursting with pride and a bulging population of 349, the second largest town

On Florida’s Gulf Coast south of Cedar Key. That same year Thomas Alva Edison was cruising Florida’s

west coast and stopped to visit the village.

Captivated with what he saw, Edison built his home and laboratory, Seminole Lodge, on the banks of the

Caloosatchee River. He subsequently became Fort Myers’ most famous resident and a strong force in its

growth and development.

As Edison’s enchantment with Fort Myers grew, he began to spend more time at Seminole Lodge and

was often joined there by his friend, Henry Ford. The two distinguished inventors would sometimes go

off on a camping trip or a drive to Estero.

Ford met Edison at a meeting in New York and, with Edison’s encouragement, quit his job and turned

his full attention to his dream of building a gasoline driven automobile.

By 1903 Ford’s dream had come true and he had become so famous that people were asking to put

money into his company. The Ford Motor Company was officially started that year with $28,000 cash,

but it took the introduction of the Model-T in 1907 to make the company a financial success. By 1914 the

first Ford Car Dealership was opened in Fort Myers.

During the building boom between 1898 and the 1920’s, torrents of winter visitors from the north flocked

to Florida seeking their fortunes in land investments.

The opening of the Tamiami Trail (U.S. 41) linked Fort Myers to Tampa and Miami, adding more to the

growth of the Big Boom in the 1920s. Growth radiated in all directions until the 1930s.

In the early 1940s, every county in Florida had air bases due to the advantageous flying weather.

The Fort Myers area had Buckingham and Page Fields, and the city was home to thousands of

servicemen, many of whom returned and became permanent residents.

In the years since World War II, the city has grown along with Lee County and the rest of Southwest

Florida. Commercial and residential growth has pushed development in all directions to create Cape Coral,

North Fort Myers and Lehigh, as well as adding to the coastal settlements of Fort Myers Beach,

Pine Island, Sanibel and Captiva Islands, and Bonita Springs.

Fortunately, the older downtown area and the City of Fort Myers historic districts have retained much of

their charm, and proper preservation measures are in place to ensure that charm will be treasured for

many generations to come.

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Page 8: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

LOCAL ATTRACTIONS Sanibel Lighthouse & Fishing Pier

Situated on Sanibel Island’s southern tip, in 1884 the beacon was constructed, and this interesting

territory turned into the focal point of island action. This is a genuine family shoreline, with great

shelling, an unmistakable perspective of the Gulf and a lot of huge shade trees. You can appreciate

an excursion, walking around the shoreline, swimming in the sea, angling from the wharf, cruising or windsurfing here. Around the bend from the shoreline and just past the restrooms is a littler shoreline

with a view of the Sanibel Causeway.

IMAG History & Science Center

Touch live sea life, engineer a creation, run through a rainstorm! Your admission package to IMAG provides hours of fun and entertainment for the entire family. Offering over 60 interactive exhibits, there is fun for the entire family to explore science, technology, engineering, and math (STEM), and the history of Southwest Florida. You will enjoy touching live marine animals in our Sea to See Touch Tanks; a 3,200-gallon aquarium displaying a variety of fish, including sharks; our Living Lab with turtles, a ball python, frogs, a bearded dragon, prairie dogs and more; daily LIVE! Animal Encounters; the opportunity to become a TV weather forecaster in our mini-studio; a walk through Southwest Florida in our Hall of History; a 3-D movie, and so much more! A visit to IMAG nurtures intellectual curiosity, discovery, and innovation.

Edison & Ford Winter Estates

The Edison and Ford Winter Estates contain a historical museum and 21 acre botanical garden on the adjacent sites of the winter homes of Thomas Edison and Henry Ford beside the Caloosahatchee River

in southwestern Florida. It is located at 2350 McGregor Boulevard, Fort Myers, Florida.

ART AND CU LTURE Fort Myers and Sanibel areas offers the best in art and culture. The area is enriched by and enlight- ened through our world-class florida museums. Outstanding theaters offer a wide range of performances for every age. Festivals occur practically every weekend. Experiences are available for children through many “hands on” venues.

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AREA ATTRACTIONS

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Page 9: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

AIRPORTS

Nearby Airports:

• Southwest Florida International Airport

• Fort Myers Airport

• Tampa International Airport

• St. Petersburg/Clearwater International Airport

TOU RISM

Tourism is a big contributor to the quality of life we enjoy in all of Florida. Because tourism is the

leading industry in the state regarding economic impact (6.65 billion dollars) and overall number of

jobs (85,000), it also plays a significant role in our area’s low unemployment rates.

Last year saw record visitation to the state (85.8 million visitors) and to the county (13.6 million),

translating into 3.3 billion dollars in new money to the area. Each time visitors buy gas, rent a

room or pay sales tax, we benefit. Dollars generated from tourism account for 20% of Florida’s

sales tax revenue, a portion of which is returned to the county to be applied toward public schools,

road improvements, cul- tural amenities, medical and educational programs, beach renourishment

and more. Florida Tax Watch states that “public and private infrastructure, cultural, recreational,

and entertainment activities…clearly could not be supported at current levels by the state’s non-

tourist economy…. This net revenue permits a higher level of government services to be enjoyed

by residents than would be available without increased taxes.” This revenue helps Florida remain

a non-income tax state.

With the area experiencing a change in visitor demographics, it’s as important as ever to continue

to be hospitable and kind to all who visit. Increasingly, our visitors are flying here (almost 72%)

with almost 1/3 of our visitation by international residents; both of these groups spend more here

on vacation than our domestic visitors who drive. The median household income of our visitors

has also been increasing the last year.

This is why organizations which support and promote our area as a tourism destination are so

important. The Chamber of Commerce recognizes the value of tourism to our area and works

diligently with our tourism industry partners to expand economic activity in the community and

further the quality of life we enjoy.

We as a community boast local amenities which include the best man-made attractions in the

world, tremendous cultural, natural and heritage offerings and a myriad of restaurants, all because

we are a popular visitor destination.

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Page 10: Waterfront Residential / Multi-Family Redevelopment · luxury homes. This scenic community features miles of naturally winding waterways and is bordered with ... and it's a beach

HOTELMAX REALTY INC.

TERRY HATFIELD 813-363-5771 / [email protected]

Commercial Real Estate Portfolio

POPU LATION

North Fort Myers has an estimated population of about 53,185 residents. The city has evolved as one of

the most pleasant residential communities apart from a prominent tourist destination with numerous

attractions, shopping malls, hotels, restaurants, boutiques, parks, waterways, and quiet neighborhoods.

ECONOMIC DEV ELOPMENT Consistently ranked one of the nation’s job growth leaders, Lee County is home to a thriving business

community and world-class quality of life. Check out five reasons why you should choose to do business

in Lee County. Lehigh Acres, Fort Myers and Cape Coral placed among the top 15 fastest-growing cities

in America.

Today’s young entrepreneurs are breaking traditional age barriers by finding success in business at an

early age. Lee County has one of the most welcoming climates for young business owners.

Malatru ranked Lee County as one of the best-performing middle-markets because middle market firms

not only tend to have the highest growth rates, but also tend to decrease the unemployment rate of the

area.

Lee County employers expect to hire at a robust pace during Quarter 1 2018, according to the Manpower

Group Employment Outlook Survey. Among survey participants, the Lee County area

employment outlook is the best in the nation.

The Lee County Board of County Commissioners officially ratified a pilot program that will incentivize

further economic development in North Fort Myers, an area that has lagged behind the rest of Lee

County in regards to the economic recovery.

The BOCC voted 5-0 to approve a $2 million pilot project intended to encourage new commercial, office

and industrial development and redevelopment of obsolete buildings in an effort to create jobs in the area.

Local groups heralded the news with great enthusiasm, as this program could finally spur some needed

growth and create jobs.

The incentive is called mixed-use overlay, and is in locations where more intense development is en-

couraged for commercial and residential development. This is a reimbursement-based incentive program

to be paid after a project is completed. According to the proposal, projects may use a single incentive

program or even qualify for more than one program.

A private-to-public investment ratio of 1:1 or higher is required if only one program is utilized, and 5:1 if

more than one incentive program, or stacking, is utilized.

There are certain limits and eligibility requirements, but developers will be reimbursed for half the cost in

fee assistance, demolition of old structures, infrastructure improvement, flood proofing and exterior, and

up to 20 percent of total costs for keystone projects.

The areas that apply include much of North Cleveland Avenue from the bridge to Littleton Road, Diplomat

Parkway, Hancock Bridge Parkway, and Pondella and Pine Island roads close to U.S. 41, Business 41 on

the north corner of Pine Island and Bayshore roads and from the Speedway station to the bridge.

This could bring in new development for things other than retail. With the urban land use and the amen-

ities like transit and water and sewer in many areas, it makes the area a prime location for business.

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