16271 Parallel Dr Fort Myers, FL 33913
- Hospitality properties
- 141,750 SF
- 3.47 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 16271 Parallel Dr
- Lot size
- 3.47 lot acres
- Property size
- 141,750 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 3.47-acre site in Fort Myers, Florida, presents a lucrative investment opportunity for hospitality developers. Currently zoned MPD, the property is approved for the construction of a five-story hotel boasting 131 keys and ample space for guest amenities. The existing plans encompass a substantial 141,750 square foot building, designed to accommodate up to 139 parking spaces, ensuring convenient access for guests. The site's prime location at 16271 Parallel Drive, Fort Myers, FL 33913 (Lee County), offers excellent visibility and accessibility. The asking price for this turnkey development opportunity is $6,000,000. This represents a significant chance to capitalize on the thriving tourism sector in Southwest Florida. The property's strategic location and pre-approved plans minimize development hurdles, allowing for a streamlined and efficient construction process. With its substantial size and planned amenities, including space for an outdoor pool, this hotel site is poised to become a highly sought-after destination. This is a rare opportunity to acquire a fully permitted hotel site in a rapidly growing market. Don't miss this chance to secure a prime piece of real estate in one of Florida's most desirable locations. The property's single building structure simplifies management and maintenance, making it an attractive proposition for both seasoned investors and new entrants to the hospitality market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.783
- Latitude
- 26.4995
