Discover opportunity with 2171 Estero Boulevard—one of THREE ADJOINING prime COMMERCIAL parcels in a location that is nothing short of extraordinary! Once the site of the iconic Periwinkle Motel, this property is zoned Commercial Boulevard. Imagine owning a parcel with breathtaking Gulf views, just 150 feet from the pristine beachfront—opportunities like this are few and far between! Situated on the corner of Estero and Delmar, this property is part of an entire block of Estero frontage, stretching from Pearl Street to Delmar Avenue. With direct beach access from both Pearl and Delmar, and side street frontage on Delmar and Estero, the possibilities for redevelopment are endless. Whether you're envisioning a boutique hotel, luxury retail space, or a vibrant dining destination, this location offers the canvas to create something truly remarkable. Adding to its allure, this property is conveniently located near the newly opened Margaritaville Resort, the iconic Pier, Times Square, and a growing array of shops and restaurants that are redefining the area. While 2171 Estero is an incredible investment on its own, imagine the potential if you also acquired the adjoining parcels at 2101 and 2141 Estero, each listed separately. Don’t miss your chance to be part of the next exciting chapter in Fort Myers Beach’s vibrant story—2171 Estero Boulevard is ready for you!
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,839,200 | $1,839,200 | $1,839,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,625 | $11,777 | $16,021 |
Total Monthly Payment | $11,750 | $11,902 | $16,146 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.