LSI Companies is pleased to present this distinctive Mixed-Use redevelopment opportunity in the core of Fort Myers Beach.
Old San Carlos Commercial, comprised of 0.42± acres across three parcels, is strategically located at a hard corner within the vibrant Downtown District, a designated pedestrian-focused corridor that promotes public engagement. The site offers exceptional walkability to key attractions, including Times Square, Fort Myers Beach Pier, and Margaritaville, and offers direct visibility from the primary bridge—overseen from Matanzas Bridge by more than 23,000± AADT.
As part of the now-sunsetted, Mantanza Seafood and Inn CPD, the site was originally approved for up to 40 resort units and 5,000± square feet of commercial/retail floor area. Please refer to page 6 of the Offering Memorandum for potential redevelopment and zoning scenarios to maximize entitlements or revive previous approvals. Currently, the site is used as public parking, an occupied 2,211± square foot retail building, and vacant retail.
“Old San Carlos Commercial” is a winning opportunity for a developer to be a part of Fort Myers Beach and its ground-up redevelopment efforts.
PROPERTY HIGHLIGHTS:
• Building 1: 440 Old San Carlos Blvd.
- 2,211± Sq. Ft. Occupied Retail
• Building 2: 4300 Old San Carlos Blvd.
- Vacant Retail
• Building 3: 1020 Second Street
- N/A Vacant Parcel
APPROVED USES:
•Hotel / Motel
• Bar / Cocktail Lounge
• Parking Lot
• Restaurant
• Personal Services
• Retail Store, Small
• Administrative Office
• Healthcare Facility
* A full list of approved uses is available upon request