2945 Estero BLVD Active Save Request In-Person Tour Request Virtual Tour
Fort Myers Beach,FL 33931
Key Details
Property Type Vacant Land
Sub Type Commercial Lot
Listing Status Active
Purchase Type For Sale
Subdivision Gulf View
MLS Listing ID 224033823
Originating Board Bonita Springs
Annual Tax Amount $127,745
Tax Year 2022
Lot Size 4.680 Acres
Acres 4.68
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
Area Fb03 - Gulf Beach Road To Avenid
Zoning MH-2
Exterior
Community Features Beach Access,Non-Gated
Utilities Available Electricity Available,Sewer Available,Trash Removal,Water Available
Waterfront Description None
View Y/N No
View Gulf
Present Use Commercial,Multi_MF,Other/See Remarks
Private Pool No
Building
Lot Description Across From Beach Access
Sewer Central
Water Central
Others
HOA Fee Include None
Tax ID 29-46-24-W1-02600.57CE
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash