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Investment Highlights

  • CT zoning allows flexibility for multiple commercial development concepts.
  • Located along the primary corridor serving Sanibel and Fort Myers Beach.
  • Across from the planned Calusa Grande mixed-use redevelopment.
  • Previously approved for a 142-bed assisted living facility.
  • Near the new Larsen Health Center healthcare campus.
  • Strong visibility with access to surrounding retail and lodging destinations.

Executive Summary

This 6.8± acre development site at 20161 Summerlin Road presents a rare opportunity to acquire commercially zoned land positioned along one of the primary corridors serving the gateway to Sanibel Island, Captiva Island, Fort Myers Beach, and the surrounding coastal communities. Zoned CT (Commercial Tourist), the property offers flexibility for a broad range of development concepts including hospitality, retail, multifamily, senior housing, medical-related uses, and other commercial projects permitted by zoning.
The site was previously approved through site plan and Development Order processes for a 142-bed assisted living facility, with architectural and engineering plans reportedly prepared and permit-ready. While that entitlement path remains available, the property's zoning and location support alternative development strategies that can capitalize on the area's continued residential, tourism, and healthcare activity.
The surrounding corridor features established national retailers, restaurants, lodging options, and regional destinations that generate year-round traffic and consumer demand. The recently developed Larsen Health Center, a major healthcare facility located nearby, adds a significant institutional presence to the market. Further strengthening the area's long-term outlook, the former Sanibel Outlets property across the street is being redeveloped as Calusa Grande, a mixed-use project planned to include residential units, retail, office, hospitality, and community-oriented amenities.
With strong visibility, established infrastructure, and proximity to some of Southwest Florida's most recognized coastal destinations, this site offers developers and investors the opportunity to pursue a variety of commercial or residential-oriented projects in a highly active corridor.

Property Facts

Price $3,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 6.80 AC
Zoning CT - Tourist Commercial District

1 Lot Available

Lot

Price $3,000,000
Price Per AC $441,176.47
Lot Size 6.80 AC

6.8± acre CT-zoned development site on Summerlin Road with prior approval for a 142-bed assisted living facility. Near Sanibel Island, Fort Myers Beach, healthcare services, retail destinations, and planned mixed-use redevelopment.

Description

The property consists of approximately 6.8 acres at 20161 Summerlin Road in Fort Myers, Florida. The site is zoned CT (Commercial Tourist) and was previously approved through site plan and Development Order processes for a 142-bed assisted living facility. The property is located along Summerlin Road near Sanibel Island, Captiva Island, Fort Myers Beach, the Larsen Health Center, and the planned Calusa Grande mixed-use redevelopment. Parcel IDs are 11-46-23-04-0000000-30 and 11-46-23-04-0000000-20.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
11-46-23-04-00000.0020
Land Assessment
$376,065
Improvements Assessment
$0
Total Assessment
$376,065
  • Listing ID: 41748236

  • Date on Market: 8/14/2026

  • Last Updated:

  • Address: 20161 Summerlin Rd, Fort Myers, FL 33908

Contact the Sale Advisor

20161 Summerlin Rd - 6.8 ac Retail, Hotel, Multifamily Ft Myers

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