A Fort Myers-based developer has acquired $18.5 million in land in Charlotte County, bringing renewed attention to a massive property previously proposed for PulteGroup’s nearly 5,000-acre MeadowVue master-planned community.
The transaction involves 13 parcels along U.S. Highway 17 in eastern Charlotte County, where plans for thousands of homes, commercial development and recreational amenities previously encountered regulatory and infrastructure challenges.
Although the recent acquisition could signal renewed development interest, no revised master plan or construction timeline has been announced.
$18.5 Million Land Acquisition Along U.S. Highway 17
Developer David E. Torres, through companies under his ownership, acquired the 13 parcels in five separate transactions between September 5 and September 11, 2026.…