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Land For Sale • 2 AC
LSI Companies, Inc. is pleased to present this prime waterfront land development opportunity in Downtown Fort Myers. Palmera of Downtown Fort Myers offers ±2.00 acres of prime waterfront development land. Strategically positioned at the prominent northwest corner of the Edison Bridge and First Street, this high-visibility site benefits from significant traffic, waterfront views, and walkable downtown location. The property is currently permitted for a 7-story, 239-unit apartment community, including a five-story parking structure. Additionally, it qualifies for the Tax Increment Financing (TIF) Rebate Program, a valuable incentive provided by the City of Fort Myers to stimulate development through financial rebates. This site presents a rare opportunity for developers to secure one of the last remaining commercial waterfront parcels in Fort Myers. LOCATION HIGHLIGHTS: • 0.7± miles to the Luminary Hotel • 0.8± miles to the Caloosa Sound Convention Center • 1.2± miles to City of Palms Park • 1.8± miles to Lee Memorial Hospital • 15.6± miles to Fort Myers Beach • 15.7± miles SWFL Intl. Airport (RSW) • 17.4± miles Florida Gulf Coast Univ. (FGCU)
| Located in Downtown Fort Myers, directly off the Edison Bridge—a major thoroughfare connecting North Fort Myers to Fort Myers. |
| Approved for a 239 unit waterfront apartment community with 5-story structured parking. |
| Approved for a $9,535,685 TIF within the City of Fort Myers. |
| Situated in a walkable location near numerous wedding venues and Downtown Fort Myers attractions, including shopping and dining options. |
| One of the last developable commercial waterfront parcels in Downtown Fort Myers. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Southwest Florida International | 28 min | - | 16.3 mi |
| Punta Gorda | 32 min | - | 22.7 mi |
Alex Henderson
LSI Companies, Inc.
Alex Henderson
LSI Companies, Inc.
