940 Tarpon St

940 Tarpon St, Fort Myers, FL 33916

  • For Sale Call for Price
  • Property Type Other
  • Property Size 106,432 SF
  • Lot Size 8 Acre
  • Year Built 1958
  • Year Renovated 1985
  • Date Updated Feb 11, 2024
940 Tarpon Street, Ft. Myers, Florida Two Blocks from City park on the water One Block from City Ballfields and Park Adjacent to a Lee County School District LocationIncredible location for redevelopment - 8 acres two blocks from the water in Ft. Myers Beach Florida. Also perfect investment for passive income as location is currently leased and generating significant rents. Next door to Lee County school and massive Lee County parks, within a short drive to commercial and medical locations. Could be MF, Condos, School System - the list goes on. Fort Myers Housing Market Forecast This southwest Florida area is still dealing with the impact from Hurricane Ian last year but is recovering quickly. Situated along Florida's picturesque southwestern coast, the Fort Myers area is a coveted destination for those seeking a more laid-back lifestyle. Fort Myers offers an abundance of outdoor activities, like boating, fishing, hiking, biking, tennis, pickleball and golf. With its wealth of waterfront properties and a housing market that is comparatively more affordable than many other regions, it's no surprise this area is attractive for passionate boaters, young families and retirees. Add in this region's natural beauty, beautiful beaches and artsy barrier islands, and it is easy to see why Fort Myers remains a coveted place to call home. While supply and demand dropped in the wake of Hurricane Ian, a Category 4 hurricane that devastated this area in 2022, its housing market is recovering quickly. Data from the U.S. News Housing Market Index provides a clearer picture about the Fort Myers and Cape Coral housing market over the past year, its current state and what to expect in the months to come. Fort Myers Real Estate Market: Predictions As the peak winter season nears and recovery efforts continue, the Fort Myers market should remain stable. The shortage of housing makes it challenging to find ideal properties at good prices, If interest rates drop in the future, refinancing can be a valuable option and it will open the door to more buyers. Conversely, if demand drops slightly, the supply of homes would need a significant increase to meet overall demand. A substantial change would require a substantial shift in supply, which isn't expected soon. Fort Myers is a city in and the county seat of Lee County, Florida, United States. The Census Bureau's Population Estimates Program calculated that the city's population was 92,245 in 2021, ranking the city the 370th-most-populous in the country. Together with the larger and more residential city of Cape Coral, the smaller cities of Fort Myers Beach, Sanibel, and Bonita Springs, the village of Estero, and the unincorporated districts of Lehigh Acres and North Fort Myers, it anchors a metropolitan statistical area (MSA) which comprises Lee County and has a population of 787,976 as of 2021.

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Highlights

  • 8 acres
  • 2 blocks from Water
  • Currently Comprised of 8 Buildings used as church, meetings areas, school and daycare centers
  • Located in prime Lee county redevelopment area
  • Currently income producing with great credit tenants
  • Could be redeveloped MultiFamily, Condo, Townhomes, School or Church Use

Contacts

broker

Angie Lester

Boyd Real Estate

(352) 817-0600

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Fort Myers, FL
  • Neighborhood Edgewood - Morningside
  • Zip Code 33916
  • Market Southwest Florida Coast

Points of Interest

  • Sunoco

    1.01 miles

  • Citgo

    1.43 miles

  • Marathon

    1.50 miles

  • Speedway

    2.42 miles

  • Valero

    2.61 miles

  • Gulf

    2.62 miles

  • Shell

    2.63 miles

  • RaceTrac

    2.68 miles

  • Hess

    2.76 miles

  • Mobil

    2.80 miles

  • West Parking

    1.45 miles

  • East Parking

    1.62 miles

  • Lee County Vehicle Parking

    1.65 miles

  • CenturyLink Employee Parking

    1.75 miles

  • Main Street Garage

    1.81 miles

  • City of Palms Parking

    1.95 miles

  • RV & Boat Storage Area

    3.79 miles

  • ECHO

    5.21 miles

  • Rosen Park

    5.26 miles

  • Observation Area

    5.65 miles

  • Palm City Motel

    1.78 miles

  • Luminary Hotel & Co., Autograph Collection

    1.88 miles

  • Hotel Indigo Ft Myers Dtwn River District

    1.93 miles

  • Legacy Harbour Hotel & Suites

    2.26 miles

  • Red Roof Inn Ft Myers

    2.28 miles

  • Motel 6 Fort Myers, FL

    2.49 miles

  • Holiday Inn Fort Myers - Downtown Area

    2.50 miles

  • Econo Lodge North

    2.50 miles

  • Travellodge Fort Myers North

    2.55 miles

  • Tropical Palm Motel

    2.55 miles

  • McDonald's

    1.28 miles

  • Hook Fish & Chicken

    1.29 miles

  • KFC

    1.37 miles

  • Popeyes

    1.49 miles

  • Subway

    1.80 miles

  • Blu Sushi

    1.81 miles

  • United Café Bar & Bistro

    1.86 miles

  • Downtown Pizza

    1.86 miles

  • The 86 Room

    1.86 miles

  • Twisted Vine Bistro

    1.87 miles

  • Lee County Alternative Learning Center

    0.06 miles

  • Edgewood School

    0.12 miles

  • Fort Myers Institute of Technology

    0.97 miles

  • Lee County Area Vocational-Technical Center

    1.03 miles

  • Childrens Personal Development Center

    1.06 miles

  • Dunbar School

    1.17 miles

  • Lee Middle School

    1.19 miles

  • Sunshine Learning Center

    1.25 miles

  • Southwest Florida Public Service Academy

    1.53 miles

  • Franklin Park Kindergarten/Day Care Center

    1.58 miles

  • Sonrise Academy

    6.25 miles

  • All Superstars Preschool

    6.29 miles

  • Little People Preschool

    6.91 miles

  • Brown Academy

    8.75 miles

  • Alphabet Zoo II Child Care

    9.69 miles

Frequently Asked Questions

What is the total square footage of 940 Tarpon St?

940 Tarpon St totals 106,432 square feet.

When was this property built?

940 Tarpon St was built in 1958.

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Contact Listing Broker

broker

Angie Lester

Boyd Real Estate

(352) 817-0600