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    6555 Estero Blvd Fort Myers Beach, FL 33931

    Sponsored
    For Sale
    $4,750,000

    Gulf-front hotel, redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 22-key hotel, the Dolphin Inn Resort, presents a unique investment opportunity in Fort Myers Beach, Florida. Located at 6555 Estero Blvd, Lee County, zip code 33931, this property boasts a prime location directly across from the beach and with direct gulf access via a canal. Built in 1966 and renovated in 2022, the two-story, two-building complex offers 22 guest rooms. Currently, the property is being offered for sale at $4,750,000, representing a price per key of $215,909.09. The property is owned by an LLC. While previously operating as a 22-room hotel, its original design was for a 13-unit condominium building, providing significant redevelopment flexibility. Note that Hurricane Ian caused substantial damage, and the property is being sold as a redevelopment opportunity. The location offers unparalleled access to the Gulf of Mexico, making it ideal for a boutique hotel, condominium development, or a mixed-use project. The property's proximity to the beach and its recreational opportunities presents a compelling proposition for investors seeking to capitalize on the revitalization of Fort Myers Beach. This is a chance to create a luxurious coastal retreat or residential community in a highly desirable location.

    Property Features for 6555 Estero Blvd

    General Information

    Property type
    Hotels

    Building Details

    Year Built/Renovated
    1966/2022
    Buildings
    2
    Stories
    2

    HighLights

    • 22‑room hotel on Fort Myers Beach's South End, currently operating as The Dolphin Inn Resort.
    • Previously a 13‑unit condo building, offering redevelopment potential.
    • Gulf access canal location provides quick access to the Gulf of Mexico.
    • Sustained significant hurricane damage; sold as a redevelopment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Realty agency Spa & Massage Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm Auto Repair Shop Kitchen & Bath

    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
    -81.903133297058
    Latitude
    26.421406947323

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    FAQs

    What type of property is this?
    Hotel - Gulf-front hotel, redevelopment potential.
    Where is this hotel located?
    The property is located at 6555 Estero Blvd Fort Myers Beach, FL.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: 22-room hotel on Fort Myers Beach's South End, currently operating as The Dolphin Inn Resort.; Previously a 13-unit condo building, offering redevelopment potential.; Gulf access canal location provides quick access to the Gulf of Mexico.
    Request Owner's contact information
    6555 Estero Blvd 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
    6555 Estero Blvd Fort Myers Beach, FL 33931
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