FISCHLER PROPERTY COMPANY LLC 1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM FOR SALE 1013 EMBERS PKWY., CAPE CORAL, FL 33993 ENTITLED LAND FOR DEVELOPMENT EMBERS LAKE ESTATES for information contact: pjf@fischlerco.com
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1013 EMBERS PKWY., CAPE CORAL, FL 33993 OFFERING SUMMARY Sale Price: $3,750,000 Lot Size: 104 Acres Zoning: Planned Unit Development, PUD Traffic Count: 2016 AADT = 23,000 INDIVIDUAL PARCEL PRICING $3,750,000 for 104 acres $2,000,000 for 17.3 acres in the southwest corner Price / Ac: $36,057.70 [ FOR INFORMATION CONTACT: ] 2
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1013 EMBERS PKWY., CAPE CORAL, FL 33993 Located in the heart of Cape Coral's residential growth area, with convenient access to all of the Cape's best retailers and restaurants located along Pine Island Road, this site is extremely well suited to be developed as the next landmark residential community. One of the last remaining un-platted large tracts in all of the Cape, the site features 40 acres of pristine lakes -- an featured amenity that is unmatched by most communities. PRICE $3,750,000, or $36,057.70/Ac. or $0.83/SF PROPERTY DESCRIPTION Entitled land for development, this property is approved for 1,400 multifamily units on approximately 104 acres of vacant land. The property enjoys almost 40 acres of existing lake that can serve as an impressive amenity and also provide duel-purpose onsite storm water management. Surrounding infrastructure is already in place, including electric, water, telephone and data, and public roadways. the City is currently installing sanitary sewer mains and a sewer lift station which is scheduled to be completed in the Q2 of 2019. IMPACT FEE AND SPECIAL ASSESSMENTS City Impact Fee = $6750.00 per SF home City impact Fees for MF Apartments are based on water meter size. Ex. 1" meter fee = $6,645.00 Water Assessment: $446,623.29 due 9-30-17, or 20 Annual Payments of $43.044.10 Sewer Assessment: $2,204,868.77 due 9-30-17, or 20 Annual Payments of $208,664.03 Irrigation Assessment: $606,936.50 due 9-30-17, or 20 Annual Payments of $59,480.45 TOTAL LAND AREA 104.0± acres total ±40 acres of lakes TRADE AREA Northwest Cape Coral West of Nelson Rd & Embers Pkwy intersection Located just north of Pine Island Road ENTITLEMENTS City approved Preliminary Development Plan (PDP) and Site Plan for ±1,400 multifamily residential units Site plan and PDP vested until Oct 20, 2017 Zoned Planned Unit Development (PUD) DUE DILIGENCE AVAILABLE Survey Env. Phase I and Phase II Conceptual site plans for a mix of Single Family and Multifamily residential concepts ACCESS Embers Pkwy and Nelson Road JURISDICTION AND PARCEL ID'S Lee County 10-44-23-C3-00006.0200 10-44-23-C3-00006.0250 15-44-23-C2-03649.0150 15-44-23-C2-03649.0170 EXISTING INFRASTRUCTURE Electricity Telephone, cable TV, internet Public water City currently installing sanitary sewer mains and lift stations (construction scheduled to be complete in Q2 of 2019) [ FOR INFORMATION CONTACT: ] 3
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1 0 1 3 E M B E R S P K W Y., C A P E C O R A L, F L 3 3 9 9 3 [ FOR INFORMATION CONTACT: ] 4
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1 0 1 3 E M B E R S P K W Y., C A P E C O R A L, F L 3 3 9 9 3 CONCEPTUAL SINGLE FAMILY RESIDENTIAL OPTION -- 190, 50' wide residential lots [ FOR INFORMATION CONTACT: ] 5
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1 0 1 3 E M B E R S P K W Y., C A P E C O R A L, F L 3 3 9 9 3 CONCEPTUAL MULTIFAMILY RESIDENTIAL OPTION -- 2 Phases, 690 apartment units, 3-story garden style product [ FOR INFORMATION CONTACT: ] 6
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1013 EMBERS PKWY., CAPE CORAL, FL 33993 Multifamily looking southeast Multifamily looking northeast [ FOR INFORMATION CONTACT: ] 7
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1 0 1 3 E M B E R S P K W Y., C A P E C O R A L, F L 3 3 9 9 3 Single family looking northeast Single family looking southeast [ FOR INFORMATION CONTACT: ] 8
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1 0 1 3 E M B E R S P K W Y., C A P E C O R A L, F L 3 3 9 9 3 [ FOR INFORMATION CONTACT: ] 9
1605 HENDRY STREET FORT MYERS, FL 33901 WWW.FISCHLERCO.COM 1013 EMBERS PKWY., CAPE CORAL, FL 33993 [ FOR INFORMATION CONTACT: ] 10