2945 Estero BLVD Active

Fort Myers Beach,FL 33931

$ 19000000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Gulf View

MLS Listing ID 224033823

HOA Y/N No

Annual Tax Amount $127,745

Tax Year 2022

Lot Size 4.680 Acres

Acres 4.68

Lot Dimensions Appraiser

Property Description

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. Français parle, Deutsch gesprochen.

Location

State FL

County Lee

Community Gulf View

Area Fb03 - Gulf Beach Road To Avenid

Rooms

Bedroom Description NaN

Interior

Cooling See Remarks

Fireplace No

Exterior

Community Features Non- Gated

Utilities Available Electricity Available, Sewer Available, Trash Collection, Water Available

Amenities Available Beach Rights,Beach Access

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Gulf

Present Use Commercial,Multi-Family,Other,See Remarks

Garage No

Building

Faces West

Sewer Public Sewer

Water Public

Others

HOA Fee Include None

Senior Community No

Tax ID 29-46-24-W1-02600.57CE

Acceptable Financing All Financing Considered,Cash

Listing Terms All Financing Considered,Cash

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