1021 Estero BlvdFort Myers Beach, FL 33931

Property Details for 1021 Estero Blvd

Year built

1971

Construction

WOOD FRAME

Lot size

0.11 AC

Property size (Sq ft)

2,843 SF

Zone code

DOWNTOWN

Property type

Land

Property subtype

Commercial land

APN

24-46-23-W3-00208.0040

APU

244623W3002080040

Description

This exceptional 0.1-acre commercial land parcel in the heart of Fort Myers Beach's Times Square presents a unique redevelopment opportunity. Located directly on Estero Boulevard, this property offers unparalleled visibility and access to the Gulf of Mexico. Previously improved with a building that was destroyed by Hurricane Ian, this site is now cleared and ready for a new vision. The location is ideal for a variety of commercial uses, including restaurants, bars, beach shops, or any business catering to the high volume of tourists and locals frequenting Times Square. Its proximity to the under-construction Margaritaville Resort (a $150 million project slated for late 2023 opening) and the public pier with adjacent county parking and beach access ensures high foot traffic and strong potential for success. This distressed sale presents a rare chance to be a part of the revitalization of Fort Myers Beach, a destination long beloved by both residents and visitors. The adjacent lot (1010 Estero Blvd) is also available for purchase, allowing for the development of a significantly larger project. This property is zoned for commercial use in Lee County, Florida, and is situated at 1021 Estero Blvd, Fort Myers Beach, FL 33931. The asking price is $7,500,000.

• Alternative Use

  Use

  Valuation

  Residential

  $863,194

  Hospitality

  $790,681

  Educational

  $657,837

  Medical

  $680,461

  Retail

  $1,023,303

Location Insight

City

Fort Myers Beach

County

Lee

State

Florida

Latitude

26.4532

Longitude

-81.9557

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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