Rare 15.36± AC Waterfront Peninsula Redevelopment Opportunity

Located in North Fort Myers off of Cleveland Avenue (US 41) just before the bridge into downtown Fort Myers along the Caloosahatchee River.3461–4511 North Key Drive presents a rare large-scale waterfront redevelopment opportunity comprising approximately 15.36± acres at the western tip of a fully built-out peninsula in North Fort Myers, Florida. The property benefits from direct access to the Caloosahatchee River and the Gulf of Mexico and includes substantial existing marina infrastructure, highlighted by a seawall and 43 boat slips. This existing waterfront utility differentiates the asset from traditional land opportunities and provides immediate strategic value for a buyer pursuing a marina-oriented residential, hospitality, mixed-use, or lifestyle-driven development concept. From an entitlement and positioning standpoint, the property is zoned CT – Commercial Tourist and lies within the North Fort Myers Mixed Use Overlay, giving the site a regulatory framework that supports tourist-oriented housing, amenities, and flexible mixed-use development. The combination of scale, waterfront exposure, access, and existing marine infrastructure creates a redevelopment opportunity that is difficult to replicate along the riverfront corridor. For a prospective purchaser, the investment thesis centers on acquiring an irreplaceable waterfront landholding with multiple executable development paths in a region that continues to benefit from sustained migration, tourism demand, and limited supply of comparable waterfront redevelopment sites.