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Positioned on a cleared 69’ x 125’ lot in the heart of Fort Myers Beach, this property offers outstanding potential for investors, builders, and developers seeking a high-demand coastal opportunity. With zoning that allows for weekly/short-term rentals, the site is ideally suited for an income-generating vacation rental, luxury beach residence, or thoughtfully designed investment project.
Located just steps from the sand and only a few blocks south of Publix, this property offers the kind of walkability, visibility, and lifestyle appeal that vacationers consistently seek. Its position along Estero Boulevard provides excellent exposure, while the setting directly across from the former Lahaina Resort site currently allows for open Gulf views and a rare sense of space.
As Fort Myers Beach continues its exciting transformation, properties with this combination of location, zoning, and build potential are becoming increasingly valuable. Future ownership can capitalize on strong rental demand, beach proximity, and the island’s ongoing redevelopment into a more elevated coastal destination.
With easy access to Bonita Springs, Naples, dining, shopping, entertainment, and the best of Southwest Florida, this site represents a compelling opportunity to invest, build, and grow in one of the region’s most dynamic beach markets.
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Our Executive Mortgage Banker:
Our Insurance Division:
$790,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $632,000 | $632,000 | $632,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.760% | 6.902% | 6.098% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,891 | $4,099 | $5,291 |
| Total Monthly Payment | $3,983 | $4,191 | $5,383 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.