Cobblestone on the Lake

Jones Lang LaSalle, Inc. (“JLL”) proudly presents Cobblestone on The Lake, a distinctive 248-unit multifamily community in Fort Myers, Florida, complemented by additional shell buildings offering expansion potential. This three- and four-story property, originally constructed as condominiums, stands out as one of the few remaining authentic value-add opportunities in Southwest Florida, featuring entirely original unit interiors. The buyer will acquire a truly unique asset characterized by exceptionally spacious unit interiors, two-car garages, townhome-style units, and 10-foot ceilings. Additionally, the property includes shell buildings that can be developed to potentially increase the total unit count to 290, further enhancing the investment’s upside potential. This rare combination of features and expansion possibilities provides an ideal canvas for implementing a customized value-add strategy, allowing the new owner to significantly enhance the property’s appeal, scale, and financial performance through tailored renovations, upgrades, and strategic development.

Property Common Amenities

• Heated Swimming Pool
• Spa
• 24-Hour Fitness Center
• Clubhouse
• Lake Views
• Playground
• Pet Play Area
• Lifestyle Services Provided by Amenify
• Grilling & Picnic Area
• Gated Entryway
• Fully Secured Fenced Surrounding Entire Property