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  • $2,159,900

    601 Estero Blvd, Fort Myers Beach, FL 33931

    --beds
    --baths
    0.4Acres
    Unimproved Land
    Built in ----
    0.4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Never floodVaulted ceilings
    ATTENTION LOCAL BUILDERS READY TO BUILD WITH APPROVALS!! Owner willing to HOLD property as collateral for a BUILDER to Start building with Terms to Pay Owner small deposit upfront then the balance after completion of project. Approvals in place 60 days to break ground, One-of-a-Kind Hotel looking elevation New Construction!!Executive designed 3 Family Rental property, estimated yearly rent roll pro-forma 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!!
    337 days
    on Zillow
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    79
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    2
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    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 01:38pm

    Listed by:

    Stan Kleinschmidt 239-292-9799,

    3.95 Full Service Realty LLC

    Source: Florida Gulf Coast MLS,MLS#: 224074103MLS LogoOriginating MLS: Florida Gulf Coast
    Travel times

    Facts & features

    Interior

    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: Bay, Canal
    • Has water view: Yes
    • Water view: Bay,Canal
    • Waterfront features: Bay Access, Canal Access, Intersecting Canal, Navigable Water, Seawall
    Lot
    • Size: 0.4 Acres
    • Dimensions: 132 x 73 x 141 x 140
    • Features: Cleared, Corner Lot, Irregular Lot, Oversized Lot
    • Residential vegetation: See Remarks
    Details
    • Parcel number: 244623W10060D.0070
    • Lease amount: $0
    • Zoning description: TFC2

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Boat Facilities, Non-Gated, Sidewalks
    • Subdivision: ISLAND SHORES
    HOA
    • Amenities included: None
    • Services included: None
    • Membership fee: $0
    Location
    • Region: Fort Myers Beach

    Financial & listing details

    • Tax assessed value: $1,969,066
    • Annual tax amount: $9,054
    • Date on market: 9/14/2024
    • Listing terms: All Financing Considered,Cash
    • Electric utility on property: Yes
    • Road surface type: Paved
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