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    440 Old San Carlos Blvd Fort Myers Beach, FL 33931

    For Sale
    $3,900,000

    SINGLE_FAMILY - Fort Myers Beach, FL

    Type:Retail
    Lot size:
    0.42 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 440 Old San Carlos Blvd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    24-46-23-W3-00202.0010
    Lot size
    0.42 Acres

    Building Details

    Year built
    1952
    Floors in Building
    1

    Land Solutions Inc (239) 489-4066 [email protected]

    Listing agent Justin Thibaut (239) 565-3456 License #258024058

    Listing date Oct 28, 2025

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Redevelopment Opportunity, Fort Myers

    This mixed-use redevelopment opportunity, known as Old San Carlos Commercial, is situated in the core of Fort Myers Beach. The property consists of 0.42 acres across three parcels, located at a hard corner within the Downtown District, a pedestrian-focused corridor. The site benefits from walkability to attractions such as Times Square, Fort Myers Beach Pier, and Margaritaville. It also features visibility from the Matanzas Bridge, with an average annual daily traffic count exceeding 23,000. The site was previously approved for up to 40 resort units and approximately 5,000 square feet of commercial or retail floor area. This property offers a developer the opportunity to participate in the redevelopment of Fort Myers Beach.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    the cigar hut Cigar Shop Cigar Hut Tobacco Shop

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness Wholesale Shop

    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
    -81.954725
    Latitude
    26.455654

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use redevelopment opportunity in the heart of Fort Myers Beach.
    Where is this mixed-use property located?
    The property is located at 440 Old San Carlos Blvd Fort Myers Beach, FL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in the heart of Fort Myers Beach's Downtown District.; - Strategic hard corner location with HIGH VISIBILITY (23,000 AADT) from Matanzas Bridge.; - Approved for up to 40 resort units and 5,000 sq ft of commercial/retail space.
    (239) 565-3456
    Request Owner's contact information
    440 Old San Carlos Blvd Fort Myers Beach, FL 33931
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    Fort Myers Beach, FL 33931
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    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
    440 Old San Carlos Blvd Fort Myers Beach, FL 33931
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