Waterfront
Address
5580 Estero Boulevard, Fort Myers Beach, FL
Price
$ 30,000,000
Property Attributes
  • MLS#223082128
  • TypeCommercial
  • CountyLEE
  • CityFort Myers Beach
  • AreaFB04 - Avenida Pescadora to S.Bd
  • Zip33931
  • StyleMulti Family
  • Year Built1981
  • Taxes$ 56491
  • Price$ 30,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.6 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
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.

Price History
11/6/2023 Listed $30,000,000

General Features

Utilities Electricity Available,Phone Available,Sewer Available,Water Available
Condo Fee 0.00
Year Built 1981
Property SubType Multi Family
Tax Year 2022
Waterfront Features Gulf
County Lee
Property Type Commercial Sale
Status Active
City FORT MYERS BEACH
Buyer Agent Compensation 2%
Zoning Description RM
MLS Area FB04 - Avenida Pescadora to S.Bd
Waterfront Y/N Yes
Street Name Estero
Tax Annual Amount 56491.58
Property Condition Tear Down / Value in Land
Standard Status Active
PostalCity FORT MYERS BEACH
Legal Description LAHAINA INN RESORT PH 1+2 A TIME-SHARE OR1476-0016 + OR1586-571 UNIT 11 THRU 47 (37 UNITS)

Interior Features

Street Suffix Boulevard

Exterior Features

Lot Size Area 2.6
Lot Size Acres 2.6
Lot Size Units Acres
Lot Size Source Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33931

Price
AVG $4.51M
$30M
Taxes
AVG $10,799
$56,491
Visits
AVG 255
151
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1981
Walkscore
AVG 49
12
Data Provided by Walkscore® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover