Residential Land for Sale in Fort Myers Beach, Florida
601 Estero Blvd Fort Myers Beach, FL 33931
Attention Investors!!! New Construction!! Beautiful Hotel Looking Elevation!! 711 Estero Blvd just closed at $ 2,600,000 with no approvals & is a smaller lot, this 3 story 3 family Investment Rental Property in the Time Square Location offers an elevator & sits on an Oversized Direct Gulf Access Intersecting salt water Canal property with City Water & Sewer, this Three Family Building Project is Approved & Building permit is ready to be submitted to start construction, all engineering, site plan, architectural plans & town approvals have been completed except building permit applications for this one of a kind designed three story Investment property. Zoned for, weekly & monthly rentals. This project is designed with the investor in mind to offer a very quick finished product & a positive cap rate compared to the high building costs charged by other developers on Fort Myers Beach, Top floor unit offers vaulted ceilings, 3 bedrooms, 3 full baths, open floor plan upgraded finishes 4 balconies with Gulf of Mexico view & canal views, the other two remaining units are on the 2nd floor, one offers two bedrooms with one being a main guest suite & 1.5 baths with two balconies, the other unit offers two bedrooms with a Jack & Jill bath with two balconies, each unit comes with a garage & additional storage area's for each unit on the lower level, if you're an investor who wants to own one of the Newest Hurricane Designed Three Family Rental Properties on Fort Myers Beach that will never flood, Hurricane designed FEMA/NFIP conforming elevated structure, this is the premium location on the Beach to rent for all US & European Vacationers, who will pay a premium for this property, don't miss this opportunity!!
Location
- Street Address
- 601 Estero Blvd
- County
- Lee County
- Community
- Island Shores
- Elevation
- 3 feet
Property details
- Zoning
- TFC2
- MLS Number
- FMSW 224074103
- Date Posted
Property taxes
- 2023
- $9,054
Parcels
- 24-46-23-W1-0060D.0070
Legal description
ISLAND SHORES UNIT 3 BLK.D PB 9 PG 27 LOT 7 + PT LOT 8
Resources
Detailed attributes
Listing
- Type
- Land
Lot
- Features
- Canal Access, Intersecting Canal, Navigable Water, Seawall, Waterfront
Exterior
- Features
- Cleared
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Sept 14, 2024 | New listing | $2,775,000 | — | FMSW |