Waterfront Commercial for Sale in FORT MYERS, FL
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For SaleMLS# 226026649

$2,795,000

Waterfront Commercial for Sale in FORT MYERS, FL

11088 Kelly Road, Fort Myers, FL, 33908

beds baths sqft
GatedWaterfront

About this home

PRIME MULTI-FAMILY SITE OR FLEX SPACE REPOSITIONING OPPORTUNITY! Secure a highly coveted, fast-tracked asset in the rapidly growing South Fort Myers market! Located at 11088 Kelly Road, this impressive 4.62 acre land parcel features a robust entitlement foundation designed to slash upfront development risk and significantly accelerate your construction timeline. Key Asset Highlights: • Approved for 69 Multi-Family Units • High-Demand Corridor: Situated along the highly desirable Kelly Road corridor in South Fort Myers, offering excellent accessibility. • MC-2 Zoning Advantage: Property offers massive upside and versatility. Easily maintain the existing multi-family track or capitalize on intense market demand by repositioning the site into a premium commercial flex space/light industrial ownership concept. • Reduced Risk, Faster Financing: Fully established entitlements makes securing commercial bank financing a much smoother process. Take advantage of this rare, strategic investment opportunity and bring your development vision to life!

Property details

Type
Commercial
Year built
Not specified
Interior
Not specified
Lot size
201,334.32 sqft
Acreage
4.62 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$39,130/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
None
Sewer
None
New construction
No
Pets
Not specified
County
Lee

Maintenance included in the fee

OtherRoadMaintenanceSewerStreetLightsSecurityTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

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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Your notes on this home

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Market trends — Fort Myers

Median list
$324,900
Median $/sqft
$213
Median sold (90d)
$334,000
Avg days on market
97
Active listings
2,591
Median sold price · Fort Myers
$335,000last 3 months3.1% vs $325,000 prior 3 months
Median closed price by month · Fort Myers
2% MoM3.2% YoY
$319k$349k$380kJul ’25Jul ’26
$318,500Jul ’26 · 227 sales

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.

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
3.2 mi
HealthPark Medical Center
Beach
4.1 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
5.2 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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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.