5 months on rocket

5580 Estero Blvd, Fort Myers Beach, FL, 33931

$30,000,000

2.60 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
CoolingOther
WaterfrontGulf
ViewGulf, Water
MLS #223080122
Lot Size2.60 Acres
StatusActive

About 5580 Estero Blvd

We are pleased to present a rare opportunity to acquire prime Gulf frontage property on Fort Myers Beach, the former home of the Lahaina Inn Resort. Including approximately 360’ of white sand Gulf frontage, redevelopment opportunities exist for hotel, condo, and mixed-use development on this roughly 2.2 acres of beachfront and 0.4 acres of property across Estero Blvd. Located mid-island and within walking distance from shopping and entertainment, the site is nestled in an area where beachfront peace and relaxation are evident while still having quick access to the amenities discerning guests and owners expect. As the Southwest Florida islands re-emerge and redevelop into the future, this trophy asset will be a focal point of the next development phase, capitalizing on the ever-increasing tourism and visitor pool the coastline attracts. Very few opportunities to acquire property as such on Fort Myers Beach exist for impactful new developments with direct beach access.

Property Details

Property Features

Listing Office:

  • Office Name: LSI Companies Inc.
  • Office Phone: (239) 489-4066
  • Listing Agent: Justin Thibaut

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf, Water

Lot Features

Lot Information:

  • Lot: Cleared, See Remarks
  • Lot Size: 2.60 Acres

Utilities

Utilities Information:

  • Cooling: Other

School Info

Assigned Schools Information:

  • Estero High School, Public District Grades 9-12
  • Cypress Lake High School, Public Magnet Grades 9-12
  • South Fort Myers High School, Public District Grades 9-12
  • Lexington Middle School, Public District Grades 6-8
  • Cypress Lake Middle School, Public District Grades 6-8
  • Three Oaks Middle School, Public District Grades 6-8
  • Fort Myers Beach Elementary School, Public District Grades PK-5
  • Heights Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $30,000,000
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Housing Market Comparison

See how this home compares to others in Fort Myers Beach, FL.

Med. Sold Price

$744.2K

Med. Price/SqFt

$561

Avg. Days On Market

76

# of Sold Homes

29

5580 Estero Blvd vs Fort Myers Beach

174 DAYS ON ROCKET

+98 Days

$30,000,000

+$29.2M More

KEY TAKEAWAY

This property is $29.2M more than the Median Sold Price in Fort Myers Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #223080122

Listing Office:

  • Office Name: LSI Companies Inc.
  • Office Phone: (239) 489-4066
  • Listing Agent: Justin Thibaut

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$149.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$90K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2536692
10
/10
  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-2536693
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 6.35 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2536694
3
/10
  • Lexington Middle School

  • 16351 Summerlin Rd

  • 4.64 miles

  • Public District Grades 6-8

school-card-donut-2536695
5
/10
  • Cypress Lake Middle School

  • 8901 Cypress Lake Dr

  • 7.74 miles

  • Public District Grades 6-8

school-card-donut-2536696
5
/10
  • Three Oaks Middle School

  • 18500 3 Oaks Pkwy

  • 7.80 miles

  • Public District Grades 6-8

High School

school-card-donut-2536697
3
/10
  • Estero High School

  • 21900 River Ranch Rd

  • 7.30 miles

  • Public District Grades 9-12

school-card-donut-2536698
4
/10
  • Cypress Lake High School

  • 6750 Panther Ln

  • 7.65 miles

  • Public Magnet Grades 9-12

school-card-donut-2536699
2
/10
  • South Fort Myers High School

  • 14020 Plantation Rd

  • 8.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,875. The most common annual income of people living in Fort Myers Beach, FL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5580 Estero Blvd

What is the listing price of this property?

The listing price of 5580 Estero Blvd property is $30,000,000.

What type of property is this?

The property 5580 Estero Blvd is land located in Fort Myers Beach, Florida, 33931.

Is this property for sale now?

Active Listing: 5580 Estero Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5580 Estero Blvd are:
Fort Myers Beach Elementary School: GreatSchools Rating 10/10
Heights Elementary School: GreatSchools Rating 7/10
Lexington Middle School: GreatSchools Rating 3/10
Cypress Lake Middle School: GreatSchools Rating 5/10
Three Oaks Middle School: GreatSchools Rating 5/10
Estero High School: GreatSchools Rating 3/10
Cypress Lake High School: GreatSchools Rating 4/10
South Fort Myers High School: GreatSchools Rating 2/10

How much acreage is this property?

The property 5580 Estero Blvd is 2.60 acres.
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Rocket HomesFloridaLee CountyFort Myers Beach339315580 Estero Blvd

This home is located at 5580 Estero Blvd in Fort Myers Beach, FL and zip code 33931. This home sits on a 2.60 acre lot. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $30,000,000.

Fort Myers Beach, FL housing market in March 2024 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 23 sold below. The inventory of homes for sale in Fort Myers Beach, FL between February 2024 and March 2024 increased by 7.7%. In March 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $744,250.

From Rocket Homes Real Estate and based on county public records data.

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