601 Estero Blvd, Fort Myers Beach, FL 33931
For Sale $2,159,900
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ATTENTION WAKE UP LOCAL BUILDERS WHAT PART OF READY TO BUILD DO YOU NOT UNDERSTAND………WITH APPROVALS!! Owner willing to HOLD property as collateral for a BUILDER to Start building with Terms to Pay Owner small deposit upfront then the balance after completion of project. Approvals in place 60 days to break ground, One-of-a-Kind Hotel looking elevation New Construction!!Executive designed 3 Family Rental property, estimated yearly rent roll pro-forma of $700,000, Beautiful Hotel Rendition Elevation!! Time Square Location!!!! 711 Estero Blvd a vacant lot just closed October 2024 at $ 2,600,000 with no approvals & is a smaller lot, this 3 story 3 family Investment Rental Property offers an elevator & commercial sprinkler system per code & sits on an Oversized Direct Gulf Access Intersecting salt water Canal property with City Water & Sewer, this Three Family Building Project is Approved & Building permit is ready to be submitted to start construction, all engineering, site plan, architectural plans & town approvals have been completed except building permit applications for this one of a kind designed three story Investment property. Zoned for, weekly & monthly rentals. This project is designed with the investor in mind to offer a very quick finished product & a positive cap rate compared to the high building costs charged by other developers on Fort Myers Beach, Top floor unit offers vaulted ceilings, 3 bedrooms, 3 full baths, open floor plan upgraded finishes 4 balconies with Gulf of Mexico view & canal views, the other two remaining units are on the 2nd floor, one offers two bedrooms with one being a main guest suite & 1.5 baths with two balconies, the other unit offers two bedrooms with a Jack & Jill bath with two balconies, each unit comes with a garage & additional storage areas for each unit on the lower level, if youre an investor who wants to own one of the Newest Hurricane Designed Three Family Rental Properties on Fort Myers Beach that will never flood, Hurricane designed FEMA/NFIP conforming elevated structure, this is the premium location on the Beach to rent for all US & European Vacationers, who will pay a premium for this property, dont miss this opportunity!!
None
Beach Access
Taxes: $9,054.12
Tax Year: 2023
Y
Bay Access
Canal Access
Intersecting Canal
Navigable Water
Seawall
MLS Area: Fb01 - Bodwitch Pointe To Cresce
Water: Public
Short Sale: No
Date Listed: 2024-09-14 10:33:27
Garage Spaces: 0
Irrigation: None
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Cleared, Corner Lot, Irregular Lot, Oversized Lot
Amenities: None, Beach Access
Listing Courtesy Of: 3.95 Full Service Realty Llc
sfksells@gmail.com
ATTENTION WAKE UP LOCAL BUILDERS WHAT PART OF READY TO BUILD DO YOU NOT UNDERSTAND………WITH APPROVALS!! Owner willing to HOLD property as collateral for a BUILDER to Start building with Terms to Pay Owner small deposit upfront then the balance after completion of project. Approvals in place 60 days to break ground, One-of-a-Kind Hotel looking elevation New Construction!!Executive designed 3 Family Rental property, estimated yearly rent roll pro-forma of $700,000, Beautiful Hotel Rendition Elevation!! Time Square Location!!!! 711 Estero Blvd a vacant lot just closed October 2024 at $ 2,600,000 with no approvals & is a smaller lot, this 3 story 3 family Investment Rental Property offers an elevator & commercial sprinkler system per code & sits on an Oversized Direct Gulf Access Intersecting salt water Canal property with City Water & Sewer, this Three Family Building Project is Approved & Building permit is ready to be submitted to start construction, all engineering, site plan, architectural plans & town approvals have been completed except building permit applications for this one of a kind designed three story Investment property. Zoned for, weekly & monthly rentals. This project is designed with the investor in mind to offer a very quick finished product & a positive cap rate compared to the high building costs charged by other developers on Fort Myers Beach, Top floor unit offers vaulted ceilings, 3 bedrooms, 3 full baths, open floor plan upgraded finishes 4 balconies with Gulf of Mexico view & canal views, the other two remaining units are on the 2nd floor, one offers two bedrooms with one being a main guest suite & 1.5 baths with two balconies, the other unit offers two bedrooms with a Jack & Jill bath with two balconies, each unit comes with a garage & additional storage areas for each unit on the lower level, if youre an investor who wants to own one of the Newest Hurricane Designed Three Family Rental Properties on Fort Myers Beach that will never flood, Hurricane designed FEMA/NFIP conforming elevated structure, this is the premium location on the Beach to rent for all US & European Vacationers, who will pay a premium for this property, dont miss this opportunity!!
Property Details
Price: $2,159,900
City: Fort Myers Beach
County: Lee
Type: Residential
Development: Island Shores
Acres: 0.40
Virtual Tour/Floorplan: View
Listing Number: 224074103
Status Code: A-Active
Taxes: $9,054.12
Tax Year: 2023
Garage:
Total Recurring Fee Frequency: Annually
Amenities:
None
Beach Access
Financial Information:
Taxes: $9,054.12
Tax Year: 2023
View:
Y
Waterfront Description:
Bay Access
Canal Access
Intersecting Canal
Navigable Water
Seawall
Additional Information:
MLS Area: Fb01 - Bodwitch Pointe To Cresce
Water: Public
Short Sale: No
Date Listed: 2024-09-14 10:33:27
Garage Spaces: 0
Irrigation: None
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Cleared, Corner Lot, Irregular Lot, Oversized Lot
Amenities: None, Beach Access
Map of 601 Estero Blvd, Fort Myers Beach, FL 33931
Listing Courtesy Of: 3.95 Full Service Realty Llc
sfksells@gmail.com