1120 Main St Fort Myers Beach, FL 33931

Property Details for 1120 Main St

Lot size

1.48 lot acres

Property type

Commercial real estate

Description

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.

Location Insight

City

Fort Myers Beach

County

Lee

State

Florida

Longitude

-81.9511336

Latitude

26.4611512