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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.
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Additional Information:
MLS Area: Fb03 - Gulf Beach Road To Avenid
Water: Public
Short Sale: N
Date Listed: 2024-04-12 16:35:54
Pool: N
Private Spa: N
Garage Description: N
Garage Spaces: 0
Attached Garage: N
Cooling: See Remarks
Fireplace: N
Irrigation: See Remarks
55+ Community: N
Sewer: Public Sewer
Amenities: Beach Rights, Beach Access
Map of 2945 Estero Boulevard, Fort Myers Beach, FL 33931
Listing Courtesy Of: Mvp Realty Associates Llc
joanne@thefloridainternationalgroup.com