6555 Estero BlvdFort Myers Beach, FL 33931

This exceptional 22-key hotel, the Dolphin Inn Resort, presents a unique investment opportunity in Fort Myers Beach, Florida. Located at 6555 Estero Blvd, Lee County, zip code 33931, this property boasts a prime location directly across from the beach and with direct gulf access via a canal. Built in 1966 and renovated in 2022, the two-story, two-building complex offers 22 guest rooms. Currently, the property is being offered for sale at $4,750,000, representing a price per key of $215,909.09. The property is owned by an LLC. While previously operating as a 22-room hotel, its original design was for a 13-unit condominium building, providing significant redevelopment flexibility. Note that Hurricane Ian caused substantial damage, and the property is being sold as a redevelopment opportunity. The location offers unparalleled access to the Gulf of Mexico, making it ideal for a boutique hotel, condominium development, or a mixed-use project. The property's proximity to the beach and its recreational opportunities presents a compelling proposition for investors seeking to capitalize on the revitalization of Fort Myers Beach. This is a chance to create a luxurious coastal retreat or residential community in a highly desirable location.