Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    111 Coconut Dr Fort Myers Beach, FL 33931

    For Sale
    $1,699,000

    Residential Lot - FORT MYERS BEACH, FL

    Lot size:
    0.23 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 10 at 5:06 pm

    Property Features for 111 Coconut Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RS-1
    APN
    29-46-24-W3-0070B.0010
    Exterior features
    Across From Beach Access
    Lot size
    0.23 Acres

    Building Details

    Architectural style
    Other

    Premiere Plus Realty, Co. (239) 732-7837 [email protected]

    Listing agent J Alex King (239) 732-7837

    Listing date Aug 18, 2025

    MLS# 225055861 Listing URL

    Copyright © 2025 Bonita Springs-Estero REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Myers Beach Residential Lot

    This Fort Myers Beach property features a 100' x 100' double lot on the corner of Coconut Drive, offering an ideal location for constructing a new, elevated, multi-story single-family home. The property has high gross income potential, estimated between $175,000 and $275,000 per year. An assemblage opportunity exists for a coastal development retreat, combining 111 Coconut Dr. and 96 Hercules for a total of 100' x 200' (+/-). The location provides a viewing corridor of the Gulf's blue waters. The Coconut Corner lot is directly across the street from beach access, offering a viewing corridor of the Gulf, as well as a street dock and dinghy/kayak ramp on the bay side of Coconut Dr. The Hercules Corner Lot also provides a direct viewing corridor of the Gulf. The property is steps away from the beach access. Amenities such as Publix, the marina, and shops are nearby. The lot size is approximately 0.229 acres. The zoning is RS-1. The property is located in Fort Myers Beach, FL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Gym & Fitness Skin Care Clinic Auto Repair Shop Kitchen & Bath Wholesale Shop Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers Beach
    County
    Lee
    State
    Florida
    Longitude
    -81.924498
    Latitude
    26.4394699

    Nearby Similar for Sale

    • New
      $2,890,000
      0.20 Acres

      Fort Myers Beach Quadplex

      Turnkey, income-producing vacation rental quadplex steps from the sand.
      198-200 Anchorage St, Fort Myers Beach, FL 33931
      View Details
    • $2,999,000
      0.58 Acres

      Bayfront Duplex with Gulf Access

      Two-story duplex with bay views, boating access, and rental potential.
      21504 Indian Bayou Dr, Fort Myers Beach, FL 33931
      View Details
    • $2,200,000
      0.13 Acres

      Fort Myers Beach Quadruplex Opportunity

      Coastal investment with income potential and direct beach access.
      161 Mango St, Fort Myers Beach, FL 33931
      View Details
    • $2,499,000
      0.16 Acres

      Fort Myers Beach Quadruplex Investment

      Income-producing quadplex near the beach with gulf access.
      110 Bahia Via, Fort Myers Beach, FL 33931
      View Details
    • $1,695,000
      1.16 Acres

      Prime Commercial Property Near Beach

      1.16-acre property with potential near Fort Myers Beach.
      870 Buttonwood Dr, Fort Myers Beach, FL 33931
      View Details
    • New
      $1,450,000
      2,808 SF

      Remodeled Coastal Retreat Near Beach

      Fort Myers Beach home, remodeled, with new pool and kitchens.
      911 North St, Fort Myers Beach, FL 33931
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Double lot near beach access with Gulf views.
    Where is this residential land & home lot located?
    The property is located at 111 Coconut Dr Fort Myers Beach, FL.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - Direct beach access located right across the street.; - High income potential, estimated between $175k-$275k per year.; - Enjoy amazing Gulf water views.
    (239) 732-7837
    Request Owner's contact information
    111 Coconut Dr Fort Myers Beach, FL 33931
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 Coconut Dr
    Fort Myers Beach, FL 33931
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Coconut Dr Fort Myers Beach, FL 33931
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.