1725 Main St Fort Myers Beach, FL 33931-2901
This exceptional 13.07-acre waterfront development opportunity in Fort Myers Beach, Florida, presents a unique chance to build luxury high-rise condominium towers. Located at 1725 Main St, with APN 19-46-24-00-00021.0010 & 19-46-24-00-00022.0010, this fully zoned and entitled site (MPD zoning) boasts approved plans for 167 multi-family units, reaching a maximum height of 230 feet. Situated on a deep-water channel with direct Gulf of Mexico access, the property offers unparalleled views. Residents will enjoy unobstructed vistas of Estero Bay Aquatic Preserve to the east, and panoramic 360-degree water views encompassing the island, Gulf of Mexico, and Matanzas Pass. The location provides easy access to Fort Myers via San Carlos Boulevard, I-75, and Southwest Florida International Airport (RSW). Proximity to Fort Myers Beach, Sanibel, and Fort Myers adds to its appeal. The site is part of the larger Marina Preserve development, which includes two marine facilities and plans for hotels, restaurants, retail, and numerous boat slips. This is a truly exceptional opportunity in a market with significant zoning and building restrictions, making this approved development plan exceptionally valuable. The property's prime location at the foot of the San Carlos Bridge ensures convenient access by car, foot, or boat.
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Ebb Tide RV Park Campground & RV Park
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MPD · Fort Myers Beach, FLFort Myers Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.