Pending

2945 Estero BLVD

FORT MYERS BEACH FL, 33931

$19,000,000


Pending

Commercial

Phenomenal investment & development opportunity: 4.68 acres on Fort Myers Beach, on the beautiful Paradise Coast of Florida. Previously the quaint Gulf View Colony, it is the 4th largest land parcel on Ft Myers beach. The property is located in the island's most popular northern section, a favored investment and development area of the beach, and a convenient walk to the downtown area with the new, completed Margaritaville Resort. With deeded beach access of approx. 10 ft x 225 ft included, and located directly on Estero Blvd, this gem is at the epicenter of a multitude of planned & existing resort, multifamily & mixed use developments. The property will play a key and central role in the rebuilding of the iconic Ft Myers Beach, and offers flexibility for developers: current regulations allow by right for 15 units per acre (69 units), increasing to 2.5 times that density for a hotel development (172 rooms), making it the ideal location for a coastal development and in addition, the possibility to include mixed use/retail. **Comparable sales Sept 2023 Red Coconut adjacent $52M, 6200 & 6241 Estero Blvd July 2023 $38.2 M. Francais parle, Deutsch gesprochen.

224033823

MLS ID

April 12, 2024

Listed

October 10, 2024

Updated

Map

2945 Estero BLVD
FORT MYERS BEACH FL, 33931

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

No

Exterior/Building Features

Lot Size

4.68 Acres


Sewer

Public Sewer

Other Property Details

Area Name

FB03 - Gulf Beach Road to Avenid


Taxes

$127,745


Tax Frequency

Annually


Days on Market

104


Association Amenities

Beach Rights, Beach Access


Garage

No


View

Yes


View Description

Gulf


County

Lee


Water Source

Public


Pool

No

Listing History

Date

Event

Price

7/25/2024

Pending

Listed by Joanne Fultz, MVP Realty Associates LLC

Listing Contact: (937) 232-3070 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Antonio Picillo III shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:01 PM UTC, 10/10/2024

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