Incredible opportunity awaits! This unique property consists of three lots being sold together as one unit (one lot on 206 Labelle Ave) w/a combined area of 0.56 acres. Zoned for both Residential & Multi-family use, offering flexibility for development w/fewer than 10 units. There are 3 existing wood frame homes damaged by Hurricane Ian – sold for land value only. The possibilities are endless, whether you choose to rebuild or reimagine the space for a new residential or multi-family project. The real gem lies in the waterfront lot, boasting an enviable location on the picturesque Caloosahatchee River w/Gulf access. Located in Russell Park, an established riverfront neighborhood known for its tranquil atmosphere & scenic beauty. Enjoy the best of both worlds - a serene setting along the riverbank & the convenience of being close to major amenities. The property's prime location offers easy access to I-75 & downtown Fort Myers, making it ideal for those seeking a harmonious balance between city life & waterfront living. Whether you're an investor, developer, or someone dreaming of creating your waterfront sanctuary, this property offers a blank canvas to bring your vision to life.