$ 27,500,000
5580 Estero BLVD Fort Myers Beach, FL 33931
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$ 27,500,000
Est. payment | /mo
2.6 Acres Lot
$ 27,500,000
Est. payment | /mo
2.6 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 223082128
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1981
Annual Tax Amount $56,491
Tax Year 2022
Lot Size 2.600 Acres
Acres 2.6
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.
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.
Location
State FL
County Lee
Zoning RM
Interior
Inclusions Land Lease, Other See Remarks
Fireplace No
Exterior
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront Yes
Waterfront Description Gulf Frontage
Garage No
Building
New Construction No
Others
Senior Community No
Listed by LSI Companies Inc. • Justin Thibaut
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Jeanne Drath
Broker Associate | Lic# BK3372743