7128 Estero Blvd, Unit 32 Fort Myers Beach, FL 33931-4706
- Office buildings
- 5,537 SF
- 0.61 lot acres
Current Use by Public Records
- Esterra Spa & Salon / Beauty Salon / Massage Therapist
Property Details for 7128 Estero Blvd
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.61 lot acres
- Property size
- 5,537 SF
- Zone code
- CO
- Property type
- Office buildings
- APN
- 03-47-24-W1-00008.0010
- APU
- 034724W1000080010
Description
This exceptional 7,709-square-foot office building presents a unique redevelopment opportunity on the south end of Fort Myers Beach, Florida. Situated on a 0.67-acre lot at 7128 Estero Blvd, zip code 33931, in Lee County, this two-story structure is currently vacant, offering a blank canvas for a discerning investor. The property is zoned CO and boasts a prime location directly across from Santini Plaza, surrounded by high-rise condominiums and upscale retail establishments. This makes it an ideal location to capitalize on the thriving Fort Myers Beach market, particularly given its position in the area that was first to recover. A recent engineering evaluation confirmed the building's structural soundness, and it falls under the 50% rule, allowing for significant rebuilding. Contractor estimates place the cost of a high-end rebuild at $155 per square foot. The property's high visibility and proximity to a bustling retail hub offer immense potential for a variety of uses, including medical and traditional office spaces. This is a rare chance to acquire a substantial property in a highly desirable location with significant upside potential. The building consists of one structure with a total of 7,709 square feet of net rentable space.
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
- -81.9011
- Latitude
- 26.4143
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
