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32793354
32793355

2135 McGregor Boulevard, Fort Myers, FL 33901

MS
FL Bk3161557
Royal Shell Real Estate
Listed by Royal Shell Real Estate
$2,200,000
15 days on market
Updated 15 days ago

The Hibiscus House

Details
APN 23-44-24-P2-00700.0060
Property Type Hospitality
Sub Type Bed and Breakfast, Coffee shop (+1)
Square Footage 4,221
Units 11
Beds 5
Cap Rate 1.01%
NOI $22,315
Occupancy 63.51%
Tenancy Single
Pro-Forma Cap Rate 4.04%
Pro-Forma NOI $88,778
Price per SqFt $521
Broker Co-Op True
Class B
Year Built 1923
Year Renovated 2018, 2025
Buildings 1
Stories 2
Acreage 0.220
Zoning U-CTR
Parking Spaces 9 spaces
Parking Per SqFt 2.13
Investment Type Stabilized
Ownership Fee Simple
Sale Condition N/A

Turnkey Boutique Inn & Café | Downtown Growth Corridor

Marketing description

The Hibiscus House represents something genuinely rare in today’s market: a fully operational, licensed boutique hospitality asset with a century of history, a beloved community presence, and an irreplaceable location along one of Southwest Florida’s most iconic corridors.

This is not a vacant building waiting for a concept. It is a living, breathing business with trained staff, an established online reputation, five uniquely designed guest suites, and a newly opened café already building a loyal local following.

The Hibiscus House is the only licensed boutique inn in Fort Myers, a designation that cannot be easily replicated, creating a meaningful long-term competitive advantage within the boutique hospitality market.

Positioned just minutes from Downtown Fort Myers, the property stands directly in the path of major public and private investments that are transforming the urban core, including:

  • Legacy Harbor Marina redevelopment and waterfront expansion
  • Legacy Island Park and proposed water taxi connectivity
  • Caloosa Sound Convention Center growth and increasing event traffic
  • Caloosa Sound Amphitheater entertainment expansion
  • The Irving condominium redevelopment
  • River District hotel and hospitality projects
  • Midtown and Downtown mixed-use development activity
  • New residential towers, restaurants, and entertainment destinations that are reshaping the city’s waterfront lifestyle appeal

As Fort Myers continues evolving into a more walkable, destination-driven downtown market, assets like the Hibiscus House become increasingly difficult to replace.

Investment highlights

  • Real Estate: 2135 McGregor Blvd, Fort Myers FL
  • B&B License (Active)
  • Food & Beverage License (Active )
  • Hibiscus Latin Cafe: fully operational business
  • All Furniture, Fixtures & Equipment per inventory
  • Brand, domain, booking accounts & social media
  • Established online reputation across all OTA platforms
  • Seller training for seamless transition

Listing Contacts

MS
FL Bk3161557
Royal Shell Real Estate
Listed by Royal Shell Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$22,315.00
$1,859.58/mo

Valuation Metrics

0
DSCR
1.01%
Cap Rate
1.01%
ROI

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Additional Information

Name
Wade H. Abed
License
BK3415965
Brokerage
Royal Shell Real Estate
Title
Broker of Record
Brokerage Address
7290 College Pkwy Fort Myers, FL 33907
Name
Mel Smith
License
Bk3161557
Brokerage
Royal Shell Real Estate
Brokerage Phone
2393333555
Title
Real Estate Associate Broker
Brokerage Address
7290 College Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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