$874,500
$8M PRICE DROP

5551 Estero Blvd Fort Myers Beach, FL 33931

Estimated payment $5,210/month

Total Views 729
0.19 Acre
$4,507,732 Price per Acre
8,451 Sq Ft Lot

Highlights

  • Community Beach Access
  • Gulf View
  • Rectangular Lot
  • Fort Myers Beach Elementary School Rated A-

About This Lot

Positioned on a 69' x 125' cleared lot, this property offers unmatched potential in the heart of Fort Myers Beach. With zoning for weekly/short-term rentals, it’s perfectly suited for a high-demand vacation rental, luxury residence, or investment project.

Located just steps from the beach and a few blocks south of Publix, this site delivers incredible exposure, walkability, and Gulf views—directly across from the former Lahaina Resort site, currently open for unobstructed vistas until future development.

Even more enticing, the adjacent 90' x 125' duplex-zoned parcel is also available, creating a rare opportunity to combine both properties. Together, they offer 159 feet of frontage and 125 feet of depth—a spectacular canvas for a large-scale development, luxury estate, or multiple rental units.

With easy access to Bonita Springs, Naples, shopping, dining, and entertainment, this location blends convenience with coastal lifestyle appeal. Be part of the Fort Myers Beach renaissance and secure this exceptional opportunity to invest, build, and grow in one of Southwest Florida’s most dynamic waterfront markets.

Listing Agent

Alex King

Premiere Plus Realty Company License #3251534 Listed on: 09/03/2025

Premiere Plus Realty Company

Co-Listing Agent

Bettina Koss

Premiere Plus Realty Company License #3578073

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,102

Lot Details

  • 8,451 Sq Ft Lot
  • Lot Dimensions are 69 x 125 x 69 x 125
  • Property fronts a private road
  • West Facing Home
  • Rectangular Lot
  • Property is zoned TFC2

Property Views

  • Gulf Views

Utilities

  • Sewer Not Available
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 20 / 4
  • Assessor Parcel Number 33-46-24-W1-00204.0200

Community Details

Overview

  • Gulf Heights Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$7,102

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.194
  • Lot Size: 69 x 125 x 69 x 125
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: PREP
  • Co List Office Phone: (239) 732-7837
  • Subdivision Name: GULF HEIGHTS
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Gulf, Partial
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Sewer: Assessment Unpaid, None
  • Utilities: Electricity Available, None, Trash Collection, Water Available, Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 33-46-24-W1-00204.0200
  • Zoning Description: TFC2

Tax Info

  • Tax Annual Amount: 7102.24
  • Tax Block: 4
  • Tax Lot: 20
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,102 $437,861 -- --
2023 $5,798 $398,055 $398,045 $10
2022 $7,385 $444,638 $0 $0
2021 $6,071 $417,502 $291,100 $126,402
2020 $5,557 $360,947 $291,100 $69,847
2019 $5,200 $335,123 $282,600 $52,523
2018 $5,077 $331,084 $282,600 $48,484
2017 $5,219 $337,533 $227,700 $109,833
2016 $4,909 $317,947 $227,700 $90,247
2015 $4,468 $275,498 $227,700 $47,798
2014 $4,101 $249,108 $198,000 $51,108
2013 -- $226,290 $105,900 $120,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $874,500 -90.0% --
09/03/2025 09/03/25 For Sale $8,745,000 +1066.0% --
01/16/2024 01/16/24 Sold $750,000 -3.2% $635 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
12/06/2023 12/06/23 Price Changed $775,000 -13.9% $656 / Sq Ft
03/04/2023 03/04/23 For Sale $900,000 -- $762 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Access Title Agency
Warranty Deed $585,000 Attorney
Warranty Deed $1,100,000 --
Warranty Deed -- --
Warranty Deed $179,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 Commercial
Previous Owner $112,000 Unknown
Previous Owner $125,000 Unknown
Previous Owner $172,500 Unknown
Previous Owner $850,000 Unknown
Closed $850,000 No Value Available
Source: Public Records

About the Listing Agent

Alex King

Premiere Plus Realty Company

(239) 388-2850

Section Image

Alex King Group (12 Local Agents) of Premiere Plus Realty are EXPERTS in SWFL’s REAL ESTATE Market and Lifestyle. In addition to being EXPERTS in buying and selling Single-family homes, Multifamily and Rental properties, Fixer-uppers, and Foreclosures, They are also a resource for our clients on an array of topics such as NEW CONSTRUCTION, Floorplans & Builder selections; FEMA 50% Remodeling in SWFL, Rental zoning, Rental Agencies & ProFormas; Gulf Access setbacks, CCL Lines, Turtle lights,

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225069162

Florida Gulf Coast Multiple Listing Service

APN: 33-46-24-W1-00204.0200