166 Chapel St, Fort Myers Beach, FL 33931

Rare investment opportunity! Oversized canal front lots twice as big as typical canal front lots on the Island. Located in the highly sought, northerly end of the Island in the weekly rental district. Zoned for both single and multi family use. Three minute walk to the Beach and five minutes to Downtown Times Square .The location is unique and adjacent to a green Nature Preserve. Plans for both single and multifamily residences are available. Property may also be purchased with single family home from as low as $949,000. You may also purchase the adjoining properties as a package with 1.5 acres. This is the largest vacant canal front property available on the Island. Town approval for 6 units, 3 single homes or 3 duplexes in place. All lots are approximately 200 ' deep which allows for la large pool. Investment Potential is endless. Single Family, Multi Family or a multi unit complex/ resort complex utilizing all three properties. Property has recently been cleared with State permits in hand for mangrove removal. Discount is available for purchase of all four lots. These properties are ready to build on. This is a great opportunity to own your piece of Paradise.