$725,000

About This Property

Fantastic Investment Opportunity. Priced to Sell! Oversized 50'x150’vacant lot with lroom for outdoor living and parking. Gulf Side of Estero Blvd, with spectacular views and in the Weekly Rental District. It comes with a deeded walkway to the Beach. Lot is ready to build on. .Water and Sewer Fees have been paid and no Impact Fees. The lot is steps away from the white sandy Beach on the Gulf of Mexico. Margaritaville Resort is opening in 2023 with additional dining place for Family enjoyment. Times square area being redeveloped with many new shops and restaurants. Property values will increase. Build your own Dream Home or take advantage of the income potential for this property. Build a three level five or six bedroom 5 Bath home. with Pool and Spa. Views from the Gulf Side decks on both levels will be breath taking. Potential Vacation Rental gross income would be up to $275,000.00 per year. Building Plans from Premiere Beach Builder are available for quick permitting and construction. You can own a brand new Gulf View, Gulf Access home built to current building codes with 170 mile per hour Structural Ratings. Don't miss out on this Great Investment Opportunity.

infoProperty Details

Property Type

Residential Lot

Lot Size

0.17 acres

Days on Market

42

Cumulative DOM

68

List Date

Oct 26, 2022

Sold Date

Dec 23, 2022

Annual Taxes

$11K (2022)

HOA Fee

$0

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Fort Myers Beach Realty

239-463-4300