Water Management District May Offer Properties for Sale in the Future

Lee County is located in Southwest Florida. Cape Coral and Fort Myers are two of its principal cities. Perhaps you are planning to buy a Fort Myers property or a Cape Coral farm land.  According to the recent report of news-press.com, South Florida Water Management District may soon offer a list of properties for sale. There are a number of choices for land size, ranging from one to several hundred acres. Mostly, the properties are situated around North River Road near Alva. In total, the land are more than 570 acres with an assessed value of more than $3.5 million.
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Randy Smith of Water Management District said, “Most of the (Lee) lands were purchased in the 1990s,” He added, “The reason they were purchased is the (U.S.) Army Corps of Engineers needed areas to store spoil material from the river.”

The Lee County property appraiser’s office set the value of the land, which ranges from a few thousand to $2.2 million for the 412-acre piece. Those numbers are up to date and they are likely higher than the value of the land when they were purchased in the 1990s. At this time, there are still no asking prices for the land because the district board members haven’t formally approved selling off the Lee properties.

The report also mentioned that, there is one property that consists of nearly half an island in the middle of the Caloosahatchee River just east of the Highway 31 Bridge. The island parcel also includes a piece of mainland property that could be used to access the island itself.

It’s not rare for government agencies to buy, own and sell land, as well as construction gear and office supplies. Recently, South Carolina sold a collection of 34 “miscellaneous” watches for nearly $200, but not before setting aside 13 Timex brand watches in a separate collection. Bidding on the Timex collection started at $25.

Smith said the Water Management District properties will likely be evaluated by board members and considered for sale in the future. The district has not identified any lands in Collier County that may be eligible for surplus sale. Karen Maguire, Lee County director of county lands said in a statement, We did a real sweep of our inventory five or six years ago,”

Government land deals can be delicate to manage because the agency is not buying or selling merely for turnover. There are other special considerations. That is why the council should meet formally and discuss the different lands for sale.
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