601 Estero BLVD, Fort Myers Beach, FL 33931

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Amerivest Pro-Team

yourhome@amerivest.realestate

$ 2,159,900

Est. payment | -/mo

0.4 Acres Lot

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$ 2,159,900

Est. payment | -/mo

Save Virtual Tour

0.4 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Island Shores

MLS Listing ID 224074103

HOA Y/N No

Annual Tax Amount $9,054

Tax Year 2023

Lot Size 0.397 Acres

Acres 0.397

Source Florida Gulf Coast

Property Description

READY TO BUILD!! ATTENTION LOCAL BUILDERS!!! Owner willing to give property as collateral for a BUILDER to Start building with Terms to Pay Owner after completion!!!! Approvals in place 60 days to break ground, One-of-a-Kind New Construction!!Executive designed 3 Family Rental property, estimated yearly rent roll of $700,000, Beautiful Hotel Rendition Elevation!! Time Square Location!!!! 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 offers an elevator & commercial sprinkler system per code & 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, Boat Lift, 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 00-Vacant Residential

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

Virtual Tour https://www.lacasatour.com/property/601-estero-blvd-fort-myers-beach-fl-33931/ub

Listed by 3.95 Full Service Realty LLC • Stan Kleinschmidt

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