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Bean Group
Offered at $2,899,000Active
beds
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baths
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sq ft
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Built
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385 Estero Boulevard

Fort Myers Beach, FL 33931

About this home

One or more photo(s) has been virtually staged, AI generated or rendered. Premier Bayfront Homesite | High-Performance Vacation Rental Opportunity Exceptional opportunity to build a luxury income-producing vacation rental property on this prime bayfront homesite overlooking Estero Bay, ideally located on the highly desirable north end of Fort Myers Beach. This rare 8,525± sq ft lot (50’ x 160’) offers the potential to design an elevated luxury residence with panoramic bay views and Gulf views just across the street, creating the ultimate beach-to-bay rental destination. Perfectly positioned for the vacation market, this property offers direct boating access to Estero Bay and the Gulf of Mexico, with boating routes to Sanibel, Boca Grande, Cabbage Key, and numerous waterfront restaurants throughout Southwest Florida. The location is highly attractive to vacation guests seeking boating, beach access, and walkable island entertainment. Design a large luxury rental residence featuring multiple bedrooms, expansive outdoor living areas, rooftop or balcony viewing decks, and a resort-style pool and spa overlooking the bay. The lot offers space for outdoor entertainment areas, a private dock, and sunset-view terraces—features that significantly increase rental demand and nightly rates. An assemblage opportunity is also available with the adjacent lot at 385 Estero, creating potential for an even larger luxury rental compound or estate-sized development. Just a short walk along the beach to Times Square, the Pier District, Margaritaville, and dozens of restaurants, shops, and entertainment venues, this location consistently attracts visitors seeking the best of Fort Myers Beach. A rare investment opportunity to develop a premier waterfront vacation rental property in one of the island’s most desirable and walkable locations. Multiple Builder introductions available.

Listing last checked: Listing updated:

Listed by J Alex King, Rita Murray · Premiere Plus Realty Company · MLS #226030735

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Details at a glance

Interior2 property facts
Rooms
0
Cooling
SeeRemarks
Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.2069 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$13,069
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $2,899,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$15,748 / monthAdjust
Principal & interest
$14,659
Property tax
$1,089
Insurance
Not entered
HOA
$0

Listing annual taxes: $13,069. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $2,899,000 · Mar 10, 2026

  2. Sld

    $3,250,000 · Sold $3,250,000 · Oct 18, 2021

  3. Sld

    $1,675,000 · Sold $1,550,000 · Jan 1, 2019

More property insights

Comparable properties 1 supplied

Sold Jul 24, 2026

$2,800,000

311 Spring Line Drive

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About 385 Estero Boulevard

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Request a tour of 385 Estero Boulevard and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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