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2945 Estero Blvd - High-Impact Dev Site with Beach Access 4.62 Acres of Commercial Land in Fort Myers Beach, FL 33931
Investment Highlights
- Village zoning intentionally created to provide a pre-approved redevelopment framework for Gulf View Colony and the adjacent Red Coconut site.
- Hotel and lodging redevelopment achievable through a Development Order using the Town’s density equivalency methodology.
- Adjacent Red Coconut redevelopment sold September 2023 for $52,000,000, or approximately $5.73 million per acre.
- Higher residential density of up to 15 dwelling units per acre achievable through approval of a Development Order / Planned Development.
- 4.627± acre redevelopment site with deeded beach access and frontage along Estero Boulevard, Fort Myers Beach’s primary corridor.
- By-right residential development allows up to 58 one- and two-family residential units, providing a strong baseline entitlement.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
1 Lot Available
Lot
| Lot Size | 4.62 AC |
| Lot Size | 4.62 AC |
Description
The former Gulf View Colony mobile home park represents a rare and unique opportunity for redevelopment in the heart of Fort Myers Beach. With private road access directly onto Estero Boulevard, 1 mile away from the new Margaritaville Beach Resort, and deeded beach access directly across the street, this 4.627 acre site is exceptionally well located. This opportunity is priced based on in-place entitlements for single-family and two-family residential use with no rezoning required. Download the Offering Memorandum or contact listing broker for complete details.
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
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2945 Estero Blvd - High-Impact Dev Site with Beach Access
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