702 Fishermans Wharf Fort Myers Beach, FL 33931-2204
This exceptional investment opportunity encompasses four contiguous properties totaling 11,683 square feet on Fort Myers Beach's coveted Fishermans Wharf in Lee County, Florida (zip code 33931). The complex includes three buildings constructed in 1932 and 1980, situated on a 0.63-acre lot with IM zoning. The main attraction is the established Bonita Bills Restaurant, featuring 1,415 square feet of indoor space complemented by a substantial 3,185-square-foot covered outdoor patio. A separate event space building offers 2,426 square feet of indoor area and an additional 1,197 square feet of covered outdoor space, perfect for hosting various functions. A third multi-use building provides 7,842 square feet of versatile space. The property boasts a prime waterfront location with 53 boat slips supported by a State of Florida-approved submerged land lease, ensuring consistent income streams. Dedicated parking is available, catering to both patrons and staff. This turnkey operation presents a unique chance to acquire a thriving restaurant and event venue with significant expansion potential, benefiting from its established reputation, strong local and tourist clientele, and convenient east boat access. The asking price is $6,900,000, translating to $590.60 per square foot. This is a rare opportunity to own a piece of Fort Myers Beach history.
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Bonita Bill's Bar & Fish House Restaurant
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Semmer Dock's Marina
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Bonita Bills Waterfront Cafe Restaurant
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
IM · 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.