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2543 First St
Fort Myers, FL 33901
Palmera - Downtown Fort Myers · Land For Sale · 2.00 AC

Investment Highlights

  • Located in Downtown Fort Myers, directly off the Edison Bridge—a major thoroughfare connecting North Fort Myers to Fort Myers.
  • Approved for a $9,535,685 TIF within the City of Fort Myers.
  • One of the last developable commercial waterfront parcels in Downtown Fort Myers.
  • Approved for a 239 unit waterfront apartment community with 5-story structured parking.
  • Situated in a walkable location near numerous wedding venues and Downtown Fort Myers attractions, including shopping and dining options.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 2.00 AC
Zoning U-CORE

Description

LSI Companies, Inc. is pleased to present this prime waterfront land development opportunity in Downtown Fort Myers. Palmera of Downtown Fort Myers offers ±2.00 acres of prime waterfront development land. Strategically positioned at the prominent northwest corner of the Edison Bridge and First Street, this high-visibility site benefits from significant traffic, waterfront views, and walkable downtown location. The property is currently permitted for a 7-story, 239-unit apartment community, including a five-story parking structure. Additionally, it qualifies for the Tax Increment Financing (TIF) Rebate Program, a valuable incentive provided by the City of Fort Myers to stimulate development through financial rebates. This site presents a rare opportunity for developers to secure one of the last remaining commercial waterfront parcels in Fort Myers. LOCATION HIGHLIGHTS: • 0.7± miles to the Luminary Hotel • 0.8± miles to the Caloosa Sound Convention Center • 1.2± miles to City of Palms Park • 1.8± miles to Lee Memorial Hospital • 15.6± miles to Fort Myers Beach • 15.7± miles SWFL Intl. Airport (RSW) • 17.4± miles Florida Gulf Coast Univ. (FGCU)

Property Taxes

Property Taxes

Parcel Number
13-44-24-P3-00404.0120
Land Assessment
$1,328,220
Improvements Assessment
$0
Total Assessment
$1,328,220
  • Listing ID: 34614017

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 2543 First St, Fort Myers, FL 33901

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