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Property profile & analytics
FOR SALE
Land

1120 Main St Fort Myers Beach, FL 33931

1.48 ac lot
Property ID
US18-1200788
Property summary
AI-generated overview

This exceptional 1.48-acre industrial property, located at 1120, 1122 & 1138 Main St, Fort Myers Beach, FL 33931, presents a unique investment opportunity. Currently operating as a fully functioning marina, this site boasts unlimited slip development rights, eliminating significant hurdles in expansion. The asking price is $7,175,000. All necessary permits and entitlements are handled through Lee County, streamlining the development process. The property's history includes office, living, warehouse, and retail spaces in addition to the marina. Existing submerged land leases are in place, ensuring a solid foundation for future development. Importantly, this property is classified as "Preferred" under Section 8.4 of the Manatee Protection Plan (MPP), allowing for the construction of an unrestricted number of slips while maintaining full compliance. This translates to significant potential for increased revenue and return on investment. The property includes a recently constructed dock and slips, generating immediate income. This prime waterfront location offers unparalleled potential for redevelopment and expansion, making it an attractive proposition for discerning investors seeking a high-return, low-risk venture in a thriving Florida market. The property is zoned IL.

Property profile
Verified
Property type Land
Lot 1.48 ac (64,469 SF)
UPID US18-1200788
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tiny Tiki Tours Resort
  • San Carlos Island Marina Marina
  • Reel-Ality Sportfishing Charters Tour Operator Travel Agency
  • Main Street Marina Marina
  • Lacy McClary Studio and Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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