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$27,500,000 Sale Pending

For Sale
Pending
Residential Lots
2.6 Acres

Map & Location

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Property Description

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.

Full Property Details

Full Property Details for 5580 Estero Blvd

General

Price: $27,500,000
Taxes: (2022)
Status: Pending
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 223080122
Updated: 2/26/2026
Added to Site: 880 day(s) ago

Additional Information

Shared Amenities: Beach Access, Condo/Hotel

Location

Area: FB04 - Avenida Pescadora to S.Bd
County: Lee
Subdivision: FORT MYERS
Building Name: FORT MYERS
Direction Faces: Northeast

Community

Assoc. Fees Include: None

Utilities

Sewer: Central
Water: Central
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Multi_MF, Other/See Remarks

Lot Features

Property View: Gulf, Water
Lot Size (Acres): 2.6
Lot Size (Sq. Ft.): 113,256
Lot Size Source: Property Appraiser Office
Lot Dimensions: 495 x 495 x 390 x 390
Frontage: Legal Access
Frontage Feet: 495
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Irrigation System: None
Lot Features: See Remarks, Cleared
Zoning: RM
Lot Description: See Remarks, Cleared

Water Features

Water Front: Yes
Gulf Access: Yes
Water Front Desc.: Gulf Frontage

Financial Considerations

Price Per Acre: $10,576,923
Tax Year: 2022
Terms: Buyer Finance/Cash

Disclosures and Reports

Multiple Parcels: Yes
Legal Description: LAHAINA INN RESORT PH 1+2 A TIME-SHARE OR1476-0016 + OR1586-571 UNIT 11 THRU 47 (37 UNITS)
Property ID: 33-46-24-W1-02400.0110
Section: 33
Block: 2400
Lot Number: 11

Listed by LSI Companies Inc. and RWB Real Estate, Inc.

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— 5580 Estero Blvd —

LSI Companies Inc.
RWB Real Estate, Inc.

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Schools

Schools serving 5580 Estero Blvd

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Fort Myers Beach Elementary School 2751 Oak Street, Fort Myers Beach, FL 33931	K-5	2.1 mi
Lexington Middle School 16351 Summerlin Road, Fort Myers, FL 33908	6-8	4.7 mi
Three Oaks Middle School 18500 Three Oaks Parkway, Fort Myers, FL 33967	6-8	7.8 mi
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919	6-8	8 mi
Estero High School 21900 River Ranch Road, Estero, FL 33928	9-12	7.3 mi
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919	9-12	7.7 mi
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912	9-12	8.5 mi
Bonita Springs Middle Center For The Arts 10141 West Terry Street, Bonita Springs, FL 34135	6-8	9.7 mi
Paul Laurence Dunbar Middle School 4750 Winkler Avenue, Fort Myers, FL 33966	6-8	13.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5580 Estero Blvd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/15/2024

Price Reduced

$27,500,000

-8.33%

MLS

11/06/2023

Listed

$30,000,000

299900%

MLS

4/02/2020

Sold

$10,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 5580 Estero Blvd

Year

Property Taxes

Change

Tax Assessment

Change

2025

$44,739

-1%

$3,330,555

—

2024

$45,199

-3%

$3,330,555

—

2023

$46,516

-27%

$3,330,555

-26%

2021

$63,865

13%

$4,496,055

12%

2022

$56,492

-12%

$4,015,906

2021

$63,865

-1%

$3,940,315

-5%

2019

$64,227

15%

$4,138,824

10%

2018

$55,889

$3,762,567

10%

2017

$51,816

-34%

$3,420,515

-38%

2016

$78,380

16%

$5,552,180

29%

2015

$67,330

$4,296,169

2014

$63,257

-11%

$3,995,183

-10%

2013

$70,688

—

$4,418,398

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 5580 Estero Blvd

5580 Estero Blvd, Fort Myers Beach, FL 33931 (MLS# 223080122) is a Residential Lots property with a lot size of 2.6 acres. 5580 Estero Blvd is currently listed for $27,500,000 and was received on November 06, 2023. Want to learn more about 5580 Estero Blvd? Do you have questions about finding other Residential Lots real estate for sale in Fort Myers Beach? You can browse all Fort Myers Beach real estate or contact a Coldwell Banker agent to request more information.

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5580 Estero Blvd Fort Myers Beach, FL 33931