Active

601 Estero BLVD

FORT MYERS BEACH FL, 33931

$2,775,000


$160.47 per sqft

Active

0.4 Acres

Land

Attention Investors!!! Who is going to buy this One-of-a-Kind New Construction!! Beautiful Hotel Rendition Elevation!! 711 Estero Blvd a vacant lot just closed October 2024 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!!

224074103

MLS ID

September 14, 2024

Listed

December 21, 2024

Updated

Map

601 Estero BLVD
FORT MYERS BEACH FL, 33931

Exterior/Building Features

Lot Size

0.4 Acres


Exterior Features

Dock, Boat Lift, Dock Included, Wooden Dock


Lot Features

Across From Beach Access, Corner Lot, Irregular Lot, Oversize, Cleared


Sewer

Central

Other Property Details

Area Name

FB01 - Bodwitch Pointe to Cresce


Taxes

$9,054


Tax Frequency

Annually


Association Amenities

None


Garage

No


View

No


View Description

Bay, Canal, Intersecting Canal


County

Lee


Water Source

Central


Pool

No


Waterfront

Yes


Zoning

TFC2

Listed by Stan Kleinschmidt with 3.95 Full Service Realty LLC 239-292-9799

The IDX display contains information sourced from the Bonita Springs Association of REALTORS® as of 12/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/21/2024 at 1:18 PM UTC

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