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OWNER FINANCING!!! ATTENTION WAKE UP LOCAL BUILDERS WHAT PART OF READY TO BUILD DO YOU NOT UNDERSTAND………DEVELOPEMENT PERMIT APPROVED!! 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 PER COMPLETION IN 2026, 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 you
e 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, don miss this opportunity!!
Property Details
Price: $2,159,900
City: Fort Myers Beach
County: Lee
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
Financial Information:
Taxes: $9,054.12
Tax Year: 2023
Exterior Features:
Boat Dock Private
Boat Lift
Dock Included
Wooden Dock
View:
Bay
Canal
Intersecting Canal
Waterfront Description:
Bay
Canal Front
Intersecting Canal
Navigable
Seawall
Additional Information:
Community Type: Boating, Non-Gated
MLS Area: Fb01 - Bodwitch Pointe To Cresce
Water: Central
Foreclosure: No
Short Sale: No
Date Listed: 2024-09-14 00:00:00
Pool: No
Private Spa: No
Fireplace: No
Irrigation: None
55+ Community: No
Restrictions: None
Rear Exposure: Sw
Lot Desc.: Across From Beach Access, Corner Lot, Irregular Lot, Oversize
Amenities: None
Map of 601 Estero Blvd, Fort Myers Beach, FL 33931
Listing Courtesy Of: 3.95 Full Service Realty Llc
(239) 689-3754