Homes for sale - 601 Estero BLVD, Fort Myers Beach, FL 33931

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Angela Schermerhorn

angela.schermerhorn@engelvoelkers.com +1(251) 401-7736

$ 2,775,000

Est. payment -/mo

Save Virtual Tour

Active

601 Estero BLVD Fort Myers Beach, FL 33931

0.4 Acres Lot

UPDATED:

11/12/2024 12:14 AM

Key Details

Property Type Vacant Land

Sub Type Residential

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

Lot Dimensions Appraiser

Property Description

Attention Investors!!! New Construction!! Beautiful Hotel Looking Elevation!! 711 Estero Blvd just closed 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

Community Island Shores

Area Fb01 - Bodwitch Pointe To Cresce

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Community Features Non- Gated, Sidewalks

Utilities Available Electricity Available, Sewer Available, Water Available

Amenities Available None

Waterfront Yes

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

View Y/N Yes

Water Access Desc Public

View Bay, Canal

Present Use Multi-Family

Garage No

Building

Lot Description Cleared, Corner Lot, Irregular Lot, Oversized Lot

Faces Northeast

Sewer Public Sewer

Water Public

Others

HOA Fee Include None

Senior Community No

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

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Listed by 3.95 Full Service Realty LLC • Stan Kleinschmidt

Angela Schermerhorn

Advisor | License ID: #SL3423686

+1(251) 401-7736

GET MORE INFORMATION