2945 Estero Blvd

Fort Myers Beach, FL 33931

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. Français parle, Deutsch gesprochen.

Listing courtesy of Joanne Fultz of MVP Realty Associates LLC



Listing information is provided by Participants of the Bonita Springs Estero Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Bonita Springs Estero Association of Realtors MLS.
Data last updated at: 2024-05-16 09:35 PM UTC