5580 Estero Blvd, Fort Myers Beach, FL 33931

$27,500,000

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List Price
$27,500,000
Listing Price
$27,500,000
Price Change
▼ $2,500,000 1721082938
Days on Market
1089
MLS#
223080122
County
Lee
Region
FB04 - Avenida Pescadora to S.Bd
Development
Fort Myers
Subdivision
Fort Myers
Lot Type
Residential Lot
Land Area sqft
113,256
County
Lee
Region
FB04 - Avenida Pescadora to S.Bd

Property Description

We are pleased to present a rare opportunity to acquire prime Gulf frontage property on Fort Myers Beach, the former home of the Lahaina Inn Resort. Including approximately 360’ of white sand Gulf frontage, redevelopment opportunities exist for hotel, condo, and mixed-use development on this roughly 2.2 acres of beachfront and 0.4 acres of property across Estero Blvd. Located mid-island and within walking distance from shopping and entertainment, the site is nestled in an area where beachfront peace and relaxation are evident while still having quick access to the amenities discerning guests and owners expect. As the Southwest Florida islands re-emerge and redevelop into the future, this trophy asset will be a focal point of the next development phase, capitalizing on the ever-increasing tourism and visitor pool the coastline attracts. Very few opportunities to acquire property as such on Fort Myers Beach exist for impactful new developments with direct beach access.

Additional Information

Usage
Multi_MF, Other/See Remarks
Road
Paved
Water
Central
Sewer
Central
Waterfront Description
No Bridge(s)/Water Direct, Gulf Frontage
Boat Access
None
View
Gulf, Water
Irrigation
None
Lot Description
See Remarks, Cleared
Lot Frontage
495
Total Tax Bill
$56,491
Tax Year
2022

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Calculator source: Real Geeks

Listing courtesy of LSI Companies Inc..