$27,500,000

Located in Fort Myers, Fort Myers Beach, 5580 Estero Blvd (MLS®# 223080122) is a gorgeous Residential Land. It features 2.60 acres of lot.

It is currently listed for $27,500,000, and its price was recently reduced from $30,000,000 to $27,500,000.

We 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.

Listing Map