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Property profile & analytics
OFF-MARKET
Parking lots & garages

760 San Carlos Dr Fort Myers Beach, FL 33931-2271

672 SF 0.99 ac lot Built 1945
Entity Owned 19-yr Hold
Property ID
US19-0772328
Property summary
AI-generated overview

This exceptional investment opportunity presents nearly one acre of cleared and leveled commercial land in Fort Myers Beach, Florida. Located on San Carlos Island at the foot of the Matanza Pass Bridge, this 0.99-acre parcel boasts high visibility from San Carlos Boulevard, a major artery connecting Lee County to Fort Myers Beach. Previously occupied by a mobile home park, the site is currently under a one-year lease agreement with a Florida Department of Transportation contractor, generating a consistent income stream while ensuring site maintenance. The C-1 zoning allows for diverse development options, including commercial ventures, hotel/resort projects, or multi-family residential uses. With approximately 190 feet of frontage on San Carlos Drive and 170 feet on Fisherman's Wharf, and two access roads, this property offers unparalleled access and exposure. Its proximity to the San Carlos Bay waterfront and a luxury yacht service center further enhances its appeal. The site is within walking distance of Fort Myers Beach and provides easy access to Sanibel Island, Captiva Island, and mainland Fort Myers. Future land use designations permit residential densities up to 15 units per acre with bonus density approvals. This presents a unique chance to participate in the revitalization of Southwest Florida's barrier islands, capitalizing on the region's burgeoning tourism sector. The asking price is $3,250,000. An adjacent 1.29-acre parcel with C-1 zoning is also available. The property's APN is 24-46-23-01-00007.0090.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1945
Total area 672 SF
Lot 0.99 ac (43,037 SF)
Zoning code C-1
APN 24-46-23-01-00007.0090
UPID US19-0772328
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
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Owner & transaction history
Bon Air Investors Group LLC · 19 yrs held
Bon Air Investors Group LLC
since 2006
7 recorded transactions
2020
Price N/A
2019
Price N/A
2006
$1.3M
2005
$800,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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