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Property profile & analytics

1010 Estero Blvd Fort Myers Beach, FL 33931

  • Commercial land
  • 2,189 SF
  • 0.20 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-3018642
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.

Current Use by Public Records

  • Baci Jans Wedding Spot / Wedding Venue
  • Rebel Water Sports / Water Sports Equipment Rental Service
  • 3 Escargots / Art Gallery

Property Details for 1010 Estero Blvd

Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.20 lot acres
Property size
2,189 SF
Zone code
DOWNTOWN
Property type
Commercial land
APN
24-46-23-W3-00018.0000
APU
244623W3000180000

Description

This exceptional 0.1-acre commercial land parcel is situated in the heart of Fort Myers Beach's Times Square, directly on the Gulf of Mexico. The previous building was destroyed by Hurricane Ian, presenting a unique opportunity for redevelopment within this thriving tourist destination. This location offers unparalleled visibility and accessibility, ideal for a variety of commercial ventures such as restaurants, bars, or beach shops. Its proximity to the under-construction, $150 million Margaritaville Resort (scheduled to open late 2023), the public pier, and county parking with beach access ensures high foot traffic and strong potential for success. Fort Myers Beach city zoning has recently been updated (05-17-2023). Contact the Fort Myers Beach senior planner for detailed information on permitted building plans. The adjacent lot at 1021 Estero Blvd is also available for purchase, allowing for the development of a larger-scale project. This is a chance to be part of the revitalization of Fort Myers Beach, a long-time favorite for both locals and tourists. The property is located at 1010 Estero Blvd, Fort Myers Beach, FL 33931. Asking price is $9,900,000.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $450,000
    6.5%
    $415,000
    7%
    $385,000

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


Location Insight

  • Map
  • Local Demand
City
Fort Myers Beach
County
Lee
State
Florida
Longitude
-81.956
Latitude
26.4527
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
$11,290
$1,113,074
$0.00
$1,113,074
-
$1,113,074
$0.00
$1,113,074
More about this property
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