North Fort Myers - Beach Property For Sale #7599917

Rare direct Gulf access opportunity on an oversized 1/2 acre lot with 102 feet of waterfront and boat ride down the Caloosahatchee to the open Gulf. This is suitable for a builder, investor, or end user. The existing 4-bedroom, 3.5-bath, 2,871 sq ft concrete-block ranch (plus den) has been professionally gutted to the studs following Hurricane Ian, removing all drywall, insulation, flooring, cabinets, fixtures, etc. This creates a unique chance to renovate to current codes, elevate, or build new in a neighborhood where properties rarely become available. Rebuild vs. Teardown - you pick the path: Renovating requires rebuilding to current code if you restore the existing structure. Given the strong bones (block walls, existing utilities, recent impact openings), many investors will see a full renovation as the most capital-efficient path. Others will prefer to maximize square footage and modern design by clearing the lot for new construction - land value alone justifies the purchase in this market. Surrounded by established homes and offering unmatched boating convenience, this property is perfect for investors, builders, or buyers seeking a waterfront lifestyle with long-term upside.