Property Listing No Longer Available for Sale

1135 Main Street, Fort Myers Beach, FL

Marina for Sale - $1,800,000 - 1,300 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#609189
Location
  1135 Main Street
  Fort Myers Beach FL 33931
UpdatedJune 10th, 2015
TypeMarina
Price$1,800,000
Building1,300 Sq. Ft.
Land49299.44 acres

Property Description

A Florida, lender owned waterfront opportunity that is well suited for development. Featuring an approved development order, the purchaser of this asset should be able to quickly commence construction. Given the high barrier to entry of waterfront permitting, this asset provides an unique chance to enter the Marina Development market in Lee County, FL. This asset can also be purchased in conjunction with an existing storage facility that can be cash flowed.

Location Description:

The Subject Property is primarily located on Main Street, just East of San Carlos Boulevard, in Fort Myers Beach, FL. Overall, this asset is conveniently located in the area and provides convenient access to the Mainland via the proximity to the bridge. Made up of seven (7) parcels, this approved development consists of +/- 4.5 acres. The owner also owns a +/- 1.66 acre storage facility (24,000 sf) that can be purchased with this development.

The Subject Property also features a Marina that provides direct access to the Gulf of Mexico. Fort Myers Beach, FL is located in Lee County which was one of the most robust during the real estate boom of the mid 2000's but also one of the most severely impacted when it burst. However, it appears that Lee County is quickly rebounding which should drive the demand for waterfront development.

Highlights:

>> Water front Access to Gulf of Mexico

>> Development Order in Place

>> Adjacent Parcel Also Available

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Financials

Sales Info:

>> Commision split: 2.5%