601 Estero BLVD Active Save Request In-Person Tour Request Virtual Tour
Fort Myers Beach,FL 33931
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!!! 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 Rental Property in the Time Square Location with an elevator sits on an Oversized Direct Gulf Access Intersecting Canal property with City Water & Sewer, this Three Family Building Project is Approved & Building permit is ready to be submitted, 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 Yes
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