$19,000,000

About This Property

Toes in the sand on Ft. Myers Beach!! Amazing opportunity to own a well established income producing 34 unit hotel along Estero Blvd. The $20,000,000 asking price also includes the property across the street from the hotel at 6425 Estero Blvd... a fully functioning movie theatre on the bay and includes plenty of additional parking. Total land between the two parcels is over 2.2 acres with 1.321 of those acres being the hotel sitting beachside. 5 units are 2 BR with 1,282 sq. ft with another 18 1BR units with 616 sq. ft. and 10 1BR units with 858 sq. ft. There is also a 3 BR unit that is currently not occupied. Gulf views from basically every room!! Most of the rooms have been updated with newer appliances, furniture, flooring, kitchen cabinets, bathroom vanities and fresh paint inside and out. The whole building has been upgraded with new impact windows everywhere. Don't miss out on this great opportunity to own a piece of paradise on Ft Myers Beach.

infoProperty Details

Property Type

Lodging and Hospitality: Economy/Limited Service,Lodging and Hospitality: Full Service

Year Built

1982

Lot Size

1.32 acres

Days on Market

8

Cumulative DOM

82

List Date

Feb 16, 2022

Sold Date

May 13, 2022

Annual Taxes

$63K (2020)

yardExterior & Lot

Mortgage calculator

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

Listed By

Compass Florida LLC

239-261-4000