601 Estero BLVD, Fort Myers Beach, FL 33931 – 224074103

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Terri McAuley

tm@naplesrealestatefinder.com +1(239) 331-9269

$2,775,000

Est. payment - /mo

0.4 Acres Lot

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UPDATED:

11/27/2024 12:04 AM

Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Island Shores

MLS Listing ID 224074103

HOA Y/N No

Originating Board Florida Gulf Coast

Annual Tax Amount $9,054

Tax Year 2023

Lot Size 0.397 Acres

Acres 0.397

Property Description

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!!

Location

State FL

County Lee

Area Island Shores

Zoning TFC2

Interior

Fireplace No

Exterior

Exterior Feature Boat Dock Private, Dock Included, Wooden Dock

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Amenities Available None

Waterfront Description Bay,Canal Front,Intersecting Canal,Navigable,Seawall

View Y/N Yes

View Bay, Canal, Intersecting Canal

Present Use 03-Multi-Family-10 Units Or More

Street Surface Paved

Garage No

Building

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

Water Central

New Construction No

Others

Senior Community No

Tax ID 24-46-23-W1-0060D.0070

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Listed by 3.95 Full Service Realty LLC • Stan Kleinschmidt

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Terri McAuley

+1(239) 331-9269

Agent | License ID: 3460014

Agent License ID: 3460014

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