940 Tarpon St, Fort Myers, FL 33916 - Photo 1

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$5,000,000 Sale Pending

For Sale
Pending
Commercial

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Property Description

Priced below recent appraisal - Incredible location for redevelopment - 8 acres two blocks from the water in Ft. Myers Beach Florida. Also perfect investment for passive income as location is currently leased and generating significant rents. Next door to Lee County school and massive Lee County parks, within a short drive to commercial and medical locations. Could be MF, Condos, School System.

Full Property Details

Full Property Details for 940 Tarpon St

General

Price: $5,000,000
Taxes: (2024)
Status: Pending
Type: Commercial
Source: Bonita_Springs
MLS ID: 225036635
Updated: 9/24/2025
Added to Site: 285 day(s) ago

Business

Business Type: Commercial Only

Location

Area: FE01 - East Fort Myers Area
County: Lee

Structural Information

Description/Design: Special Purpose: Misc. Other
Stories/Levels: 1
Stories in Building: 1
Square Feet: 94,779
Year Built: 1958

Lot Features

Lot Size (Acres): 7.928
Lot Size (Sq. Ft.): 345,343
Lot Size Source: Property Appraiser Office
Zoning: RS7

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $14
Assoc Fee Freq.: Annually
Tax Year: 2024

Disclosures and Reports

Legal Description: EDGEWOOD PB 1 PG 49 BLK 18 LOTS 1 THRU 12 + 29 THRU 40 + BLK 21 LOTS 1-7 + TRAVERS + HENDRY SUBD PB 1 PG32 BLK 19 LTS 13 + 14 + 29 + 30
Inclusions: Building And Land
Property ID: 07-44-25-P3-03618.0010

Buyer's Brokerage Compensation: Contact Listing Agent

Not binding unless confirmed by separate agreement among applicable parties.

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Schools

Schools serving 940 Tarpon St

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

Name	Grades	Distance
Edgewood Academy 3464 Edgewood Avenue, Fort Myers, FL 33916	K-5	0.2 mi
James Stephens International Academy 1333 Marsh Avenue, Fort Myers, FL 33905	K-5	1.2 mi
Tice Elementary School 4524 Tice St, Fort Myers, FL 33905	K-5	1.7 mi
Oak Hammock Middle School 5321 Tice Street, Fort Myers, FL 33905	6-8	3.6 mi
Varsity Lakes Middle School 801 Gunnery Road North, Lehigh Acres, FL 33971	6-8	7.8 mi
Harns Marsh Middle School 1820 Unice Ave N, Lehigh Acres, FL 33971	6-8	9.5 mi
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916	9-12	2.1 mi
Riverdale High School 2600 Buckingham Road, Fort Myers, FL 33905	9-12	8.1 mi
Lehigh Senior High School 901 Gunnery Road North, Lehigh Acres, FL 33971	9-12	8.1 mi

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

Price & Sales History for 940 Tarpon St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/04/2025

Sold

$3,750,000

-25%

Public Record

4/09/2025

Listed

$5,000,000

—

MLS

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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 940 Tarpon St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$10,685

-8%

$7,013,062

-4%

2024

$11,638

124%

$7,317,147

—

2023

$5,187

-46%

$7,283,736

31%

2021

$9,571

87%

$5,556,374

-16%

2022

$5,116

-47%

$6,583,133

31%

2021

$9,571

-8%

$5,035,257

-1%

2019

$10,428

25%

$5,073,851

2018

$8,318

369%

$4,805,155

2017

$1,772

$4,712,682

—

2016

$1,740

-94%

$4,692,501

-26%

2015

$28,506

201%

$6,305,354

37%

2014

$9,478

6095%

$4,604,088

—

2013

$153

—

$4,622,046

—

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 940 Tarpon St

940 Tarpon St, Fort Myers, FL 33916 (MLS# 225036635) is a Commercial property. 940 Tarpon St is currently listed for $5,000,000 and was received on April 09, 2025. Want to learn more about 940 Tarpon St? Do you have questions about finding other Commercial real estate for sale in Fort Myers? You can browse all Fort Myers real estate or contact a Coldwell Banker agent to request more information.

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940 Tarpon St Fort Myers, FL 33916