$1,098,000
Residential for Sale in Gulf Heights
5301 Estero Boulevard, Fort Myers Beach, FL, 33931
About this home
Prime Development Opportunity — Fort Myers Beach. Location. Scale. Potential. This oversized 10,000 SQ FT multi-family lot (RM-2 zoning) offers one of the most desirable investment opportunities on Fort Myers Beach. Perfectly positioned within a weekly rental zone and featuring deeded beach access, this site is tailor-made for a luxury income-generating project just steps from the Gulf of Mexico. Design and build your vision — from a high-yield multi-family complex to a collection of luxury vacation residences. The RM-2 zoning provides flexibility and exceptional upside in one of Southwest Florida’s strongest short-term rental markets. A survey and elevation certificate are already available, expediting your development timeline and simplifying due diligence. Opportunities of this caliber are rare and highly sought after — secure your footprint in Fort Myers Beach’s rebirth and capitalize on the region’s booming demand for high-end coastal investments. Turn this opportunity into yours today.
Property details
- Type
- Residential
- Year built
- Not specified
- Interior
- Not specified
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 270
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $15,372/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Northeast
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Not specified
- County
- Lee
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
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Market trends, Fort Myers Beach
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $1,000 (0.1%) from the original list price.
| Apr 29, 2026 | Price reducedfrom $1,099,000 | $1,098,000 |
| Feb 2, 2026 | Back on market | |
| Nov 11, 2025 | Listed | $1,099,000 |
The good, the trade-offs & the location
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.