601 Estero BLVD Active

Fort Myers Beach,FL 33931

$ 2775000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

Subdivision Island Shores

MLS Listing ID 224074103

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 Fb01 - Bodwitch Pointe To Cresce

Zoning TFC2

Direction GPS

Exterior

Exterior Feature Dock,Boat Lift,Dock Included,Wooden Dock

Community Features None,Non-Gated,Sidewalks

Utilities Available Electricity Available,Sewer Available,Water Available

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

View Y/N No

View Bay,Canal,Intersecting Canal

Present Use Multi_MF

Street Surface Paved

Private Pool No

Building

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

Faces GPS

Sewer Central

Water Central

Others

HOA Fee Include None

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

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

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