1122 Main St Fort Myers Beach, FL 33931
- Marinas
- 64,469 SF
Current Use by Public Records
- Marinas
Property Details for 1122 Main St
- Property size
- 64,469 SF
- Property type
- Marinas
Description
This exceptional waterfront property in Fort Myers Beach, Florida, presents a unique redevelopment opportunity. Encompassing four parcels totaling 1.83 acres on Main Street, the property includes a 64,469 square foot, income-producing marina with 56 permitted wet boat slips and newly rebuilt docks. All utilities are on-site, allowing investors to capitalize on existing revenue streams while navigating the entitlement and permitting processes. The marina benefits from a submerged land lease with the State of Florida and a "Preferred" designation under Lee County's Manatee Protection Plan, granting unlimited slip potential (subject to Lee County development codes). The property's Light Industrial (IL) zoning, coupled with its prime location near waterfront restaurants, offers significant upside. Potential redevelopment includes adding up to 88-32 dry docks (depending on size), along with restaurant and retail components to further enhance the property's value. This strategically located asset offers the beauty and water access of Fort Myers Beach with the development advantages of Lee County zoning, maximizing water views and project profitability. The property's history includes previous living units. This is a rare chance to acquire a thriving marina with substantial redevelopment potential in a revitalizing area. The asking price is $7,750,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Myers Beach
- County
- Lee
- State
- Florida
- Longitude
- -81.951091274865
- Latitude
- 26.461404340594