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Mixed-Use Building with 3 Apartments
For Sale
$3,800,000

1161 Estero Boulevard, Fort Myers Beach, FL 33931

CommercialSale, Fort Myers Beach, FL

Property Size5,568 SF
Lot Size0.17 Acres
Price / SF$682.47
Days on Market58

Property Features for 1161 Estero Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning description DOWNTOWN
Directions From Fort Myers come over North island bridge and keep left at light go under Margaritaville Hotel Overhead walkway and at Light 1161/1165 Estero Blve is left corner of Cresent St and Estero next to Margaritaville Hotel.
Subdivision FB02 - Crescent Street to Gulf B
Standard status Active
APN 19-46-24-W4-0150E.0010
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CRESCENT PARK ADD BLK E PB 4 PG 46 PT LTS 1 + 2 OR0545/43LESR/W 2353/3036
Tax Annual Amount 18786
Legal Description CRESCENT PARK ADD BLK E PB 4 PG 46 PT LTS 1 + 2 OR0545/43LESR/W 2353/3036

Utilities

Water front features Canal Access, Seawall
Water front 1

Building Details

Year built 1967
Floors in Building 2
Listing Agency: RWB Real Estate, Inc.
Listed By: Robert Beasley · License #258500059
Added: Jul 3 Changed: Aug 28 Last Checked: Aug 29 at 7:06PM
MLS# 2026028720

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This two-story mixed-use building contains three residential apartments above approximately 2,700 square feet of ground-floor commercial space. The commercial area is positioned for an owner-user or tenant, while the apartments are operating as rental units with local management in place. The building totals 5,568 square feet on a 7,309-square-foot lot, or 0.1678 acres.

Located at the corner of Estero Boulevard and Crescent Street in Fort Myers Beach, the property has canal access and a seawall. It sits near Margaritaville Resort and across from the Margaritaville beachfront pool and water park, with public beach access nearby. The surrounding area includes hotels, dining, nightlife, entertainment, and substantial pedestrian activity. The Town of Fort Myers Beach zoning designation is Downtown, and the property has an approved zero-parking requirement.

Improvements include remodeling completed in 2018, with building and apartment repairs associated with a 2/1/2024 permit date. The property was built in 1967.

Key Highlights

  • Mixed‑use building with 3 operating residential rental apartments
  • Approximately 2,700 Sq. Ft. of ground‑floor commercial space
  • 5,568 total building Sq. Ft. on a 7,309 Sq. Ft. lot

Property Analytics

Current Use

Infusions By The Beach Spa & Massage Center

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store Plumbing Service Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby

Demographics for 33931, FL

9,389
Population
14,561
Households
0.6
Avg Household Size
68
Median Age
37%
College-Educated
97%
High-School Grad
10.3 sq mi
ZIP Area
912
Density / Sq Mi
$80,438
Median Household Income
$38,723
Median Earnings
$1,500
Median Rent
$475,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story property combines residential rentals with street-level commercial space in a pedestrian-oriented beach setting.
Where is this mixed-use property located?
The property is located at 1161 Estero Boulevard Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Mixed‑use building with 3 operating residential rental apartments; Approximately 2,700 Sq. Ft. of ground‑floor commercial space; 5,568 total building Sq. Ft. on a 7,309 Sq. Ft. lot
More about this property
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