Strandview
Prime Gulf Front Redevelopment Opportunity - Fort Myers Beach, FL
Marketing description
4560 Estero Boulevard, formerly known as Strandview Tower, offers a rare opportunity to acquire a premier beachfront redevelopment site on Fort Myers Beach.
Previously operated as a 24-unit condo resort, the property spans 30,190 square feet (±0.69 acres) with approximately 170 linear feet of Gulf frontage. An existing seawall remains in place, along with the building’s original pilings and pile caps, providing a head start for future development.
The site was improved with a 7-story building (6 floors over parking) totaling 22,640 square feet of living area, originally constructed in 1978. It is located seaward of the 1991 Coastal Construction Line, requiring compliance with enhanced coastal and structural regulations for any redevelopment.
The property benefits from nearby amenities, including a public parking lot and City park located directly next door, as well as a Publix Shopping Center and a boat marina with storage and direct Gulf access.
Investment highlights
REDEVELOPMENT OVERVIEW
This beachfront site presents a rare opportunity to redevelop in one of the most sought-after areas of Fort Myers Beach. The property previously supported 24 condominium units prior to Hurricane Ian and qualifies for rebuild under the town’s Land Development Code “build-back” provisions.
KEY HIGHLIGHTS
Eligible for Rebuild at Pre-Ian Density:
While current zoning allows 4 units, the site may be rebuilt up to the previously existing 24 units, as long as the redevelopment complies with structural, flood, and life safety codes.
MODERN CONSTRUCTION FLEXIBILITY
Units may be rebuilt with modern standards and enhanced size with a code deviation, enabling larger, more marketable floor plans in line with current buyer expectations.
PROVEN REDEVELOPMENT ACTIVITY
The nearby Carousel Redevelopment (Gulfside 12)—currently under construction—offers 12 beach front units at approximately 4,000 SF each and is already 50% sold, signaling strong demand for luxury beach front product.
IDEAL FOR MULTI-STORY CONDO DEVELOPMENT
With direct Gulf frontage and high-end redevelopment comparable in the area, the site is well positioned for a luxury multi-story condo project with an achievable density of 24 units.
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