www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22971664
22971665

1240 Estero Blvd, Fort Myers Beach, FL 33931

AB
FL FL SL3548362
LSI Companies
AN
FL 3434087
LSI Companies
JT
FL BK3355418
LSI Companies
Listed by LSI Companies
$21,400,000
411 days on market
Updated 37 days ago

Beachfront Portfolio

Details
APN 19-46-24-W4-0140A.0010 19-46-24-W4-0140A.001A 19-46-24-W4-0070D.001B 19-46-24-W4-0070D.001A
Property Type Land
Sub Type Commercial, Residential
Acreage 1.110
Zoning Downtown

Gulf Front Parcels Near Times Square & Downtown Fort Myers Beach

Marketing description

LSI Companies is pleased to present this prime beachfront redevelopment portfolio located in the Times Square redevelopment area of Fort Myers Beach.

The offering consists of 5 parcels, bordering the Lani Kai Island Resort on its East and West sides, with both currently serving as a commercial parking lot and beach-oriented rental business. Both sites include beach frontage and are situated along Estero Blvd, the main thoroughfare for traffic and tourism on Fort Myers Beach. Its strategic location just a short walk from Times Square and Margaritaville - the epicenter of commercial activity on Fort Myers Beach - ensures high visibility and steady foot traffic, all while being just steps from the Gulf.

Fort Myers Beach is primed for revitalization, and this portfolio offers an exceptional opportunity to be part of the area’s recovery and future growth. The property’s zoning and positioning support a diverse array of development opportunities, including retail, restaurant, hospitality, and residential uses, offering the ability to capitalize on the influx of tourists and residents seeking both luxury and convenience.

With its exceptional beachfront location and close proximity to key commercial and hospitality corridors, this opportunity is perfectly positioned to capitalize on the post-Hurricane Ian recovery and meet the rising demand for tourism and mixed-use developments on Fort Myers Beach.

AVENUE A:

1240 Estero Blvd., Fort Myers Beach, FL

$9,900,000 | $598.40 PSF

0.73± Acres Total

Zoned Downtown and Environmentally Critical

AVENUE C:

1450/1478 Estero Blvd & 71 Ave C., Fort Myers Beach, FL

$11,500,000 | 682.21 PSF

038± Acres Total

Zoned Downtown

Investment highlights

• Nestled in the heart of Fort Myers Beach, the property boasts an enviable location adjacent to the recently unveiled Margaritaville Resort with ease access to public beach entry points and key island attractions and landmarks.

• Within close proximity to the main islands of Southwest Florida, including Sanibel, Captiva & Pine Island, and other prominent local attractions and amenities such as shops, restaurants, nightlife, and more.

• Near the Mantazas Pass Bridge (also known as the Sky Bridge), a public fishing pier adjoins a small beachfront park with public restrooms/showers. Shops and restaurants are located nearby.

• Easily accessible from Fort Myers, Florida, via Estero Blvd. and San Carlos Boulevard, with convenient access from I-75 and Southwest Florida International Airport.

Listing Contacts

AB
FL FL SL3548362
LSI Companies
AN
FL 3434087
LSI Companies
JT
FL BK3355418
LSI Companies
Listed by LSI Companies

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Alec Burke
License
FL SL3548362
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591