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    1005 Estero Blvd Fort Myers Beach, FL 33931-2623
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    Property profile & analytics

    1005 Estero Blvd, Fort Myers Beach, FL 33931-2623

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    • Commercial land
    • 951 SF
    • 0.04 lot acres
    Off-Market
    Last Sale May 1, 2025
    $1,500,000
    Property ID
    US18-0812387
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,420,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Yo! Taco / Restaurant

    Property Details for 1005 Estero Blvd

    Year built
    1956
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.04 lot acres
    Zone code
    DOWNTOWN
    Property type
    Commercial land
    APN
    24-46-23-W3-00007.0000
    APU
    244623W3000070000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 1, 2025 $1,500,000 1001 Fmb LLC 1005 Estero LLC Warranty Deed —
    Jan 3, 2023 $1,135,000 1005 Estero LLC John W Lallo Warranty Deed $681k · Sanibel Captiva Community Bank
    Apr 19, 2018 — John W Lallo — Deed · related $700k · Sanibel Captiva Cmnty Bk
    Oct 2, 2017 — John W Lallo — Trustees Deed · related $64k · Sanibel Captiva Cmnty Bk
    Apr 5, 2002 $288,000 John W Lallo P M & P Lallo INC Grant Deed · related $340k · First Community Bank Sw Fl
    — — John W Lallo — Deed Of Trust · related $700k · Sanibel Captiva Cmnty Bk
    — — John W Lallo — Deed Of Trust · related $200k · First Community Bank Sw Fl

    Description

    This exceptional 1,881 square foot commercial land parcel presents a remarkable redevelopment opportunity in the vibrant Times Square district of Fort Myers Beach, Florida. Located at 1005 Estero Blvd, this property boasts breathtaking views of the Gulf of Mexico and enjoys a prime location steps from the Margaritaville Resort. The site is zoned for Downtown use, with future land entitlements already in place, allowing for a diverse range of development options including hospitality, retail, dining, and residential uses. Its convenient proximity to the beach and high pedestrian traffic ensures strong potential for a thriving business. The property's location near public parking and the heart of downtown Fort Myers Beach further enhances its appeal for a mixed-use development. With its strategic location and versatile zoning, this 1,881 sq ft lot (APN 24-46-23-W3-00007.0000) in Lee County (zip code 33931) offers significant long-term growth potential and represents a unique investment opportunity in a rapidly evolving coastal destination. The asking price is $2,400,000. This is an unparalleled chance to be part of the exciting revitalization of Fort Myers Beach.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,390,000
      ML approach
      $1,290,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers Beach
    County
    Lee
    State
    Florida
    Longitude
    -81.9559
    Latitude
    26.4532
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,532
    $237,947
    $0.00
    $237,947
    -
    $237,947
    $0.00
    $237,947
    More about this property
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