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Property profile & analytics
FOR SALE
Specialty properties

1122 Main St Fort Myers Beach, FL 33931

64,469 SF
Property ID
US18-9497575
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 64,469 SF
UPID US18-9497575
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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