List Search

4560 Estero Blvd
Fort Myers Beach, FL 33931 Fort Myers Outlying

$11,750,000 USD

Land For Sale  •  0.7 AC

Property Details

  • Property Type Land
  • Lot Size 0.7 AC
  • Zoning Multi-Family Residential
0 Transit Score
16 Walk Score

Description

REDEVELOPMENT OVERVIEW
This beachfront site presents a rare opportunity to redevelop in one of the most sought-after areas of Fort Myers Beach. The property previously supported 24 condominium units prior to Hurricane Ian and quali?es for rebuild under the town’s Land Development Code “build-back” provisions.

KEY HIGHLIGHTS
Eligible for Rebuild at Pre-Ian Density:
While current zoning allows 4 units, the site may be rebuilt up to the previously existing 24 units, as long as the redevelopment complies with structural, ?ood, and life safety codes.

MODERN CONSTRUCTION FLEXIBILITY
Units may be rebuilt with modern standards and enhanced size with a code deviation, enabling larger, more marketable ?oor plans in line with current buyer expectations.

PROVEN REDEVELOPMENT ACTIVITY
The nearby Carousel Redevelopment (Gulfside 12)—currently under construction—offers 12 beach front units at approximately 4,000 SF each and is already 50% sold, signaling strong demand for luxury beach front product.

IDEAL FOR MULTI-STORY CONDO DEVELOPMENT
With direct Gulf frontage and high-end redevelopment comparable in the area, the site is well positioned for a luxury multi-story condo project with an achievable density of 24 units.

Highlights

Exceptional Gulf front property for redevelopment
Situated in the heart of Fort Myers Beach
Well-suited for a luxury multi-story condo project
Within close proximity to the main islands of Southwest Florida, including Sanibel, Captiva & Pine Island
Near prominent local attractions and amenities such as shops, restaurants, nightlife, and more.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Southwest Florida International 39 min - 19.8 mi
Punta Gorda 67 min - 46.0 mi
Alex Henderson 239-940-2856 LSI Companies, Inc.
Alex Henderson 239-940-2856 LSI Companies, Inc.