760 San Carlos Dr - Commercial LAND FOR SALE


Fort Myers Beach, FL 33931 43,124 SF
$3,250,000 USD
239-489-4066
760 San Carlos Dr, Fort Myers Beach, FL for Sale
$3,250,000 USD
Commercial LAND - FOR SALE
1/9
43,124 SF

760 San Carlos Dr
Fort Myers Beach, FL 33931


HIGHLIGHTS

  • Rare opportunity to acquire nearly 1 acre of highly visible commercial land at the entrance to Estero Island (Fort Myers Beach).
  • The future land use designation allows for residential densities of 10 units /acre, with a maximum of 15 units /acre with bonus density approvals.
  • 2 access roads with 190'± of frontage on San Carlos Drive and 170'± of frontage on Fisherman's Wharf.
  • Within walking distance to Fort Myers Beach with convenient access to Sanibel Island, Captiva, and mainland Fort Myers.
  • Current short-term lease offers an opportunity to offset entitlement and holding costs.
  • Unique opportunity to be a part of the redevelopment of Southwest Florida's barrier islands.

OVERVIEW

EXECUTIVE SUMMARY: LSI Companies is pleased to present a unique opportunity to acquire nearly 1 acre of prime commercial land within steps of Downtown Fort Myers Beach. The property is situated on San Carlos Island at the foot of the Matanza Pass Bridge. The site features direct visibility from San Carlos Boulevard, the primary arterial roadway connecting greater Lee County to Fort Myers Beach. Formerly home to Bon Air Mobile Home Park, an age-restricted mobile / manufactured home community consisting of 23 separate rental lots. The property has since been cleared and leveled and is in the process of being raked, filled, and rough-graded. The sellers recently secured a 1-year lease agreement with a prominent FDOT contractor designating a portion of the property as a staging area. This arrangement not only generates a steady monthly income stream, but also guarantees the site will be well-maintained prior to redevelopment. As Southwest Florida's barrier islands re-emerge as a major tourist destination in the wake of Hurricane Ian, this high-visibility site offers a rare opportunity to capitalize on the region's growing tourism sector and the influx of visitors drawn to its shores. The current zoning and surrounding redevelopment make this site ideal for a variety of commercial developments, hotel / resort-style projects, or multi-family residential uses.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/ACRE

$3,282,859/AC

PRICE/SF

$75 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

San Carlos Island Commercial

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Hotel

LAND ACRES

0.99 AC

LAND SF

43,124 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

C-1

APN/PARCEL ID

24-46-23-01-00007.0090

ASK ABOUT THIS PROPERTY

Alec BurkeLSI Companies, Inc.More Info
239-489-4066

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alec BurkeLSI Companies, Inc.More Info
239-489-4066

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.