17650 San Carlos Blvd Fort Myers Beach, FL 33931
Call to check price and availability
Prime 3.5-acre restaurant/retail site
Property size:
15,000 SFProperty Features for 17650 San Carlos Blvd
General Information
- Property type
- Restaurants
- Square Feet
- 15,000 SF
- Class
- A
- Lot Size
- 152,460 SF
Building Details
- Year Built/Renovated
- 2006/2019
- Buildings
- 1
- Stories
- 2
- Units
- 1
Listing Agency: Right Choice Realty, LLC Listing Agent: Mark Vancosky
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 14,000 sq ft, two-story Class A retail property in Fort Myers Beach, FL, presents a unique redevelopment opportunity. Located on 3.5-3.75 acres with 635 feet of frontage on San Carlos Blvd, this vacant property boasts a prime location near Margaritaville, ideal for tourism-related ventures. The existing building, constructed in 2006 and renovated in 2019, features open-air spaces, restaurants, and kitchens, offering potential for repurposing. Currently zoned C-2, it allows for 21 units, with potential for more, enabling diverse development options, including resorts, hotels, condos, or shopping plazas. The $6,900,000 asking price represents a 10% cap rate. A ground lease is in place, and the property is available at closing. Additional adjacent parcels totaling 4.2 acres are available for purchase separately, allowing for expansion. The property was previously leased under a gross lease agreement, commencing June 3, 2019, and expiring June 30, 2024, with a tenant possessing a corporate guarantee and franchisee status. The lease options were $20 per square foot. This is a rare chance to acquire a significant development site in a high-demand tourist area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Liki Tiki BBQ
Restaurant
Location Insight
- Map
- Local Demand
- City
- Fort Myers Beach
- County
- Lee
- State
- Florida
- Longitude
- -81.9446312
- Latitude
- 26.4846263
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Prime 3.5-acre restaurant/retail site
Where is this restaurant located?
The property is located at 17650 San Carlos Blvd Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Commercial/retail/restaurant zoning.; 635 feet of San Carlos Blvd frontage near Fort Myers Beach, ideal for tourism-related development.; Excellent location near Margaritaville, attracting significant tourist traffic.
