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Property profile & analytics
FOR LEASE
Community centers

7205 Estero Blvd Fort Myers Beach, FL 33931

10,243 SF 5.43 ac lot Built 1977
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-3903178
Property summary
AI-generated overview

Santini Marina Plaza, a vibrant 72,333 square foot shopping center situated on the south end of Fort Myers Beach, presents an exceptional investment opportunity. Completely renovated in 2024, this single-story plaza boasts 376 parking spaces and sits on a 5.43-acre lot (Lot Size 5.43 acres). Currently, multiple spaces are available, ranging from 1,038 to 3,648 square feet, with anticipated tenant turnover commencing March 1, 2024. Built in 1977 and recently modernized, this C-1 zoned property in Lee County, near Lenell Rd., has a rich history as a community hub. For years, Santini Marina Plaza has hosted numerous events, including farmers markets, art shows, and seasonal celebrations, fostering a strong sense of community and high foot traffic. Its established presence and prime location make it ideal for retailers, restaurants, and real estate offices seeking a thriving beachfront location. The property's extensive parking ensures ample convenience for customers and employees. This is a rare chance to secure a space in a well-established and highly visible retail center on one of Florida's most desirable beaches.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,243 SF
Lot 5.43 ac (236,352 SF)
Zoning code SANTINI
APN 03-47-24-W1-00011.0000
UPID US18-3903178
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
Current use
Occupant on record · Public records
  • Chad Robey Realtor with John R Wood Properties Real Estate Agency
  • Coldwell Banker Residential Real Estate: Bob & Isabelle Wells Real Estate Agency
  • Aqua Beachwear Swimwear Store Clothing Store
  • IslandFit Physical Therapy and Wellness Medical Clinic
  • Nesbit Real Estate Inc. Real Estate Agency
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
Shaked Properties LLC · 4 yrs held
Shaked Properties LLC
since 2021
Last sale
$18.6M
7 recorded transactions
2021
$18.6M
2016
Price N/A
1998
$5.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SANTINI · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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