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5580 Estero Blvd - Lahaina Inn Resort

2.6 Acres of Residential Land Offered at $27,500,000 in Fort Myers, FL 33931

Investment Highlights

  • Property boasts 360' of white sand Gulf frontage
  • Within close proximity to shopping, entertainment, and other local attractions
  • Potentially can be reconstructed with 26-37 timeshare units or approximately 31 residential unit beach side and additional units bay side.
  • Located mid-island on Fort Myers Beach

Executive Summary

LSI Companies, Inc. and RWB Real Estate are pleased to present a rare opportunity to acquire prime Gulf frontage property on Fort Myers Beach, the former home of the Lahaina Inn Resort.
Including approximately 360’ of white sand Gulf frontage, redevelopment opportunities exist for hotel, condo, and mixed-use development on this roughly 2.2 acres of beachfront and 0.4 acres of property across Estero Blvd.
Located mid-island and within walking distance from shopping and entertainment, the site is nestled in an area where beachfront peace and relaxation are evident while still having quick access to the amenities discerning guests and owners expect.
As the Southwest Florida islands re-emerge and redevelop into the future, this trophy asset will be a focal point of the next development phase, capitalizing on the ever-increasing tourism and visitor pool the coastline attracts. Very few opportunities to acquire property as such on Fort Myers Beach exist for impactful new developments with direct beach access.

Property Facts

Price $27,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 2.60 AC

1 Lot Available

Lot

Price $27,500,000
Price Per AC $10,576,923
Lot Size 2.60 AC

Fort Myers Beach - Gulf Front Prime Acreage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-46-24-W1-02400.0110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,330,555

zoning

Zoning Code RM/RC (Residential Multifamily / Residential Conservation)
RM/RC (Residential Multifamily / Residential Conservation)
  • Listing ID: 29347866

  • Date on Market: 8/23/2023

  • Last Updated:

  • Address: 5580 Estero Blvd, Fort Myers, FL 33931

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