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    2330-2370 Estero Blvd Fort Myers Beach, FL 33931

    For Sale
    $2,500,000

    Beachfront Fort Myers Beach commercial lot. New construction opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.115-acre commercial land parcel, located at 2330-2370 Estero Boulevard in Fort Myers Beach, Florida (zip code 33931), presents a unique investment opportunity. Situated on a gulf-side corner lot with 171 feet of frontage on Estero Boulevard, this property is adjacent to the Neptune Resort and conveniently located near the Mango Street beach access. The parcel comprises two lots, each with a separate tax ID, and currently zoned CB and C-1. Prior to Hurricane Ian, the site featured two buildings: a three-story structure with four apartments and a small efficiency, and a second building with three commercial units on the ground floor and three apartments above. Currently cleared, the land is ready for new construction, allowing for a fresh vision and development. An adjoining cleared lot (50x150 feet, MLS 222089212, also zoned C-1) is available for purchase, offering the potential to expand the development significantly and create a substantial beachfront presence just 150 feet from the sand. This property offers a remarkable chance to be part of the revitalization of Fort Myers Beach, a location poised for significant growth alongside new developments such as the expanded Neptune Resort, a planned Times Square, and the Margaritaville Resort. The property's prime location and proximity to the beach ensure high visibility and potential for strong returns. The asking price for this exceptional opportunity is $2,500,000.

    Property Features for 2330-2370 Estero Blvd

    General Information

    Property type
    Land
    Lot Size
    5,009 SF

    HighLights

    • 0.115‑acre commercial lot at 2330‑2370 Estero Blvd, Fort Myers Beach, FL 33931.
    • Gulf‑side corner lot with 171 feet of Estero Boulevard frontage, adjacent to Neptune Resort.
    • Two lots, separate tax IDs, currently zoned CB and C‑1; previously housed two buildings (now cleared).
    • Ready for new construction; adjoining cleared lot (MLS 222089212) available for expansion.
    • $2,500,000 asking price; prime location for strong returns in revitalizing Fort Myers Beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Spa & Massage Restaurant Nail Salon Building Supply Clothing Store Gym & Fitness Accounting Firm Skin Care Clinic

    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
    -81.9444719
    Latitude
    26.4491386

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    FAQs

    What type of property is this?
    Land - Beachfront Fort Myers Beach commercial lot. New construction opportunity.
    Where is this land located?
    The property is located at 2330-2370 Estero Blvd Fort Myers Beach, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 0.115-acre commercial lot at 2330-2370 Estero Blvd, Fort Myers Beach, FL 33931.; Gulf-side corner lot with 171 feet of Estero Boulevard frontage, adjacent to Neptune Resort.; Two lots, separate tax IDs, currently zoned CB and C-1; previously housed two buildings (now cleared).
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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
    2330-2370 Estero Blvd Fort Myers Beach, FL 33931
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