2610 Estero Blvd, FORT MYERS BEACH

$4,500,000

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0 Bed
0 Bath
8,254 Sqft
.38 Acre
0 Garage

The iconic BEACH SHELL INN, just moments from the Gulf's waves on Ft. Myers Beach, is up for grabs! Steeped in history since the late 1950s, this Olde Florida-style Inn holds cherished family memories and stories. Boasting 15 units—12 cozy efficiency units, two 2-bedroom 1-bath units, and an exclusive 2-bedroom 2-bath suite with breathtaking Gulf views—this spot is a gem! Embrace leisure with a sizable swimming pool and ample outdoor and covered lounge areas, offering guests the perfect relaxation spot. With direct access to the renowned white sugar-sand beach, your guests can immerse themselves in paradise within moments! Although Hurricane Ian caused damage, presenting the need for a total renovation, this provides a clean slate for the new owner to mold their vision. With revenue anticipated at $800K+/- when completed, the property comes at a discounted price, factoring in remodeling and carrying costs. Despite this, the Beach Shell Inn previously garnered 5-star reviews from guests, highlighting its potential as a winning investment. Once revamped, this gem will shine brightly again, creating countless more family memories and promising lucrative returns for the savvy new owner! This reimagined Island Gem will stand as a beacon, offering guests an unforgettable experience for years to come.

Essential Information

MLS® #
223089346
Price
$4,500,000
Bathrooms
0.00
Square Footage
8254.00
Acres
0.38
Year Built
1957
Type
Commercial Sale
Sub-Type
Hotel/Motel
Status
Active

Community Information

Address
2610 Estero Blvd
City
FORT MYERS BEACH
County
Lee
State
FL
Zip Code
33931

Area

FB03 - Gulf Beach Road to Avenid

Amenities

Waterfront
None

Utilities

Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Interior

# of Stories
2

Additional Information

Days on Market
150
Zoning
CR
HOA Fees
0.00

Listing Details

Office
Premiere Plus Realty Company

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The data relating to real estate for sale on this Website come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Royal Shell Real Estate are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.