Active
1131 1st ST
FORT MYERS BEACH FL, 33931
$24,900,000
$1,431.86 per sqft
Active
17,390 sqft
Commercial
Built in 2003
Welcome to Old Seaport Place--where Fort Myers Beach comes alive! This is more than just a property; it's the beating heart of the island's vibrant waterfront scene. Home to three iconic island restaurants--Nervous Nellie's, Snug Harbor, and Wahoo Willies--this Bayfront powerhouse is a landmark for locals and visitors alike. Whether arriving by land or sea, patrons flock to this premier destination to soak in the energy, indulge in waterfront dining, relax while enjoying the live music, and experience the best of Fort Myers Beach. This ~1.80-acre masterpiece isn't just about location--it's about unmatched legacy opportunity. This property is designed for high-volume success and features 21 deep-water marina slips and a 122-space dedicated parking lot on a prime Bayfront setting. Fully leased with rock-solid triple-net agreements with long-time expert operators, it delivers consistent, hands-off income while we are crossing the threshold of Fort Myers Beach's incredible transformation. Surrounded by game-changing developments, Old Seaport Place is positioned for even more significant growth. Old Seaport Place is adjacent to the upcoming Arches Bayfront Marina Village, a dynamic waterfront hub featuring luxury hotels, an expanded marina, and an entertainment district. Just steps away, the brand-new Margaritaville Resort has enhanced the area's tourism appeal, attracting thousands of guests each month and a new wave of high-end visitors. With record-breaking travel numbers, surging visitor spending, and an ever-expanding hospitality scene, this investment is built for immediate returns and long-term appreciation. This is where the island's energy thrives. This is Old Seaport Place. An unparalleled opportunity to own an iconic cornerstone of Fort Myers Beach's vibrant, laid-back lifestyle! Enjoy a high-demand, high-revenue waterfront destination that is a true legacy asset in Florida's hottest coastal market!
225025187
MLSⓇ ID
March 12, 2025
Listed
March 13, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.8 Acres
Other Property Details
Taxes
$29,090
Tax Frequency
Annually
Association Fee
Not Listed
Garage
No
View
No
County
Lee
Waterfront
Yes
Waterfront Features
Bay
Zoning
C-1
Courtesy of Dennis Wagaman, Premiere Plus Realty Company
The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 3/13/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated 1:17 AM UTC, 3/13/2025