Thank you
Joanne Fultz
MVP Realty Associates LLC
937-232-3070
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.
Sell a home like this and save $1,139,501 Find Out How
Water Source : Public
Sewer : Public Sewer
Lot Size Acres: 4.68
Subdivision: GULF VIEW
Source Listing Status: Active
Source Property Type: Land
Area: FB03 - Gulf Beach Road to Avenid
Zoning: MH-2
Property SubType: Commercial
Original List Price: $19,000,000
Parcel Number: 29-46-24-W1-02600.57CE
Association : Yes
Beach Rights,Beach Access
$Association Amenities :Beach Rights,Beach Access
Calculated Total Monthly Association Fees : 0
Pets Allowed :
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
75 Mound Road, Fort Myers Beach, FL,33931 | $1,590,000 | 5 | 5 | -- | 0.308 Acre |
6620 Estero Boulevard #.., Fort Myers Beach, FL,33931 | $2,200,000 | 3 | 2 | 1,975 | -- |
11200 Bayside Lane, Fort Myers Beach, FL,33931 | $90,000 | 2 | 2 | 784 | 0.091 Acre |
11391 Bayside Boulevard, Fort Myers Beach, FL,33931 | $89,000 | -- | -- | 1 | 0.112 Acre |
1 Palmview Boulevard, Fort Myers Beach, FL,33931 | $675,000 | -- | -- | -- | 0.277 Acre |
2 Bayview Boulevard, Fort Myers Beach, FL,33931 | $695,000 | -- | -- | -- | 0.3149 Acre |
5354 Estero Boulevard, Fort Myers Beach, FL,33931 | $1,995,000 | -- | -- | -- | 0.1937 Acre |
81 Mango Street, Fort Myers Beach, FL,33931 | $1,949,000 | -- | -- | -- | 0.163 Acre |
130 Palermo Circle, Fort Myers Beach, FL,33931 | $2,499,000 | 2 | 2 | 910 | 0.1119 Acre |
5830 Lauder Street, Fort Myers Beach, FL,33931 | $1,600,000 | 3 | 2 | 1,710 | 0.172 Acre |
ByOwner last updated this listing 04/29/2024 @ 19:37
MLS: 224033823
LISTED BY: Joanne Fultz, MVP Realty Associates LLC
SOURCE: SWFL
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.