Active
2945 Estero BLVD
Fort Myers Beach FL, 33931
$19,000,000
Active
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 $38.2M **Adjacent parcel update** On Dec 16th 2024, Fort Myers Beach Town Council recently approved Seagate's new 137 condo unit redevelopment project for the adjacent Red Coconut 10 acre parcel, which includes two condo towers as high as 17 stories, 4 single family homes (potentially 8 with approval), a restaurant open to the public, a private pedestrian walkover and a private beach club. Francais parle, Deutsch gesprochen.
224033823
MLSⓇ ID
April 12, 2024
Listed
December 20, 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
122
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 |
---|---|---|
12/2/2024 | Active | — |
7/25/2024 | Pending | — |
Listed by Joanne Fultz, Realty One Group MVP
Listing Contact: (937) 232-3070
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Data last updated 4:18 PM UTC, 12/20/2024