This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2002 W 1st St
1.41 Acres of Commercial Land Offered at $9,750,000 in Fort Myers, FL 33901
Investment Highlights
- Entitled and approved for high-rise development
- Unobstructed sunset view over the mile-wide Caloosahatchee River
- Urban Center zoning allows for a multitude of different uses
- Conceptual design for 133 unit 18-story tower with structured parking
- The ONLY high-rise waterfront site in true walking distance to Downtown
- Also suitable for Hotel, Multifamily (potentially over 200 small units) or Office
Executive Summary
Note: Entitled uplands for sale ONLY, seller will retain and develop the marina from the Seawall on forward - currently in permitting. As part of the sale the parcel the marina would be contractually split off along the Seawall with pedestrian access easement to the marina and certain provisions for parking to the Seller.
Adjacent vacant 0.31 acres under separate ownership could potentially also be combined with this lot (at a matching per sf sales price) for a combined 1.72 acres, allowing for more density and more flexibility in the use and in the placement of the parking structure along First St., if the site is not being developed according to the existing PUD.
Property Facts
Price | $9,750,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | |
No. Lots | 1 | Total Lot Size | 1.41 AC |
Price | $9,750,000 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 1.41 AC |
1 Lot Available
Lot
Price | $9,750,000 | Lot Size | 1.41 AC |
Price Per AC | $6,914,894 |
Price | $9,750,000 |
Price Per AC | $6,914,894 |
Lot Size | 1.41 AC |
Entitled 1.41 ac waterfront parcel (cleared filled and graded), ready for redevelopment in the central Downtown Fort Myers area, adjacent to Centennial Park. This is arguable the best development site in the rapidly developing Downtown Fort Myers.
Description
The VUE - Entitled Waterfront High-Rise Site This fully entitled high-rise site is located on the bank of the mile-wide Caloosahatchee River, with unobstructable Florida sunset views from every of the approved 133 condominium units. Also potentially suitable and zoned for up to 260 smaller apartment units, or hotel or office - or a mix thereof, provided that parking requirements are met. With access roads in place and utilities at the property line, this site is shovel ready for development into a signature high-rise tower that will stand out for its location and design from any other potential development in this market. Located adjacent to the City owned and recently renovated Centennial Park in Downtown Fort Myers, this is arguable the best high-rise site location in SW Florida. Future residents are in close walking distance - through the park- from the fully redeveloped core of the Downtown historic district with the dozens of restaurants, bars, shops, theaters and amenities that make this a perfect location for residents and seasonal residents alike. Located 1 block from the Luminary 4-star Convention Hotel and the adjacent City Yacht Basin that is under redevelopment and in close proximity to the charming historic First Street area. With a Publix supermarket and the McGregor corridor in close proximity to the opposite side of the parcel, daily shopping and the drive to the Islands of Sanibel and Captiva is just another benefit that this location offers.
PROPERTY TAXES
Parcel Number | 14-44-24-P3-00006.0000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,352,945 |
PROPERTY TAXES
zoning
Zoning Code | UC (Urban Center / Urban Core) |
UC (Urban Center / Urban Core) |
Presented by
2002 W 1st St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.