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This shovel-ready MIXED USE parcel at 2915 Estero Blvd offers a premier redevelopment opportunity in the heart of Fort Myers Beach. Situated directly across from the sugar-sand Gulf beaches, this cleared 4, 748+/- square foot lot is positioned on the island's most traveled corridor, benefiting from high visibility and significant year-round traffic. The property offers approximately 85 feet of Estero Boulevard frontage with public water, sewer, and electric already available on-site. The property is ideally located approximately 1 mile from the Margaritaville Beach Resort and the island's primary dining and entertainment hub, Times Square. It sits just 700 feet from the upcoming Seagate Development, which is expected to further drive luxury residential demand and foot traffic to this specific section of the beach. The property is 35 yards from the Gulf of Mexico and sits between two public beach accesses- the closest being . 2 mile away. The versatile CO zoning supports several high-value configurations, including: Professional/Boutique Office Space, Limited Retail Development, Mixed-Use Coastal Projects, and Residential with a caretaker unit. The build back provision could accommodate a three-unit development consistent with pre-existing density and intensity prior to Hurricane Ian referred to in 4-D-1 of the Fort Myers Beach Comprehensive Plan. No existing structures to demolish or businesses to unwind; ready for immediate construction. The site formerly hosted an award-winning mixed-use structure, providing a proven roadmap for successful development. Owner Financing Considered. To facilitate a smooth transaction, potential buyers should be prepared to provide: Executed FAR/BAR Contract, verified proof of funds and confirmation of independent verification regarding local zoning, density, and coastal construction regulations.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $876,000 | $876,000 | $876,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,252 | $5,394 | $7,392 |
| Total Monthly Payment | $5,377 | $5,519 | $7,517 |
* 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.