217 Miramar Street $849,000

Located in one of Fort Myers Beach’s rare weekly rental zones, this property is currently operating as a very successful short-term rental, providing immediate income while preserving complete flexibility for the future. The entire interior of the home was recently remodeled, allowing a new owner to continue operating it as a strong-performing rental indefinitely, or simply enjoy it as-is, with no requirement or obligation to rebuild unless desired. This makes the property equally attractive for investors, second-home buyers, or future end-users seeking dependable rental income today with optional long-term redevelopment upside. The home is within easy walking distance to the beach, Margaritaville Resort, downtown Fort Myers Beach, and the area where the iconic pier is planned to be rebuilt, along with the extensive new and planned redevelopment transforming the island, positioning the property at the center of Fort Myers Beach’s long-term revitalization. The existing 3-bedroom, 2-bath residence includes permit-ready, engineer-approved plans for a 5-bedroom, 5-bath, three-story elevated home. Renderings shown in the photos illustrate one potential redevelopment option created by a top architect and designer after more than a year of planning and design work. The proposed design features 10-foot ceilings, modern coastal architecture, expansive indoor and outdoor living spaces, and generous parking, designed to maximize both personal use and rental appeal. A major advantage of this offering is the ability to rebuild cost-effectively by utilizing the existing foundation and block structure, which has been designed to meet applicable code requirements. Buyers may continue operating the property as a proven income-producing rental long term, move forward with redevelopment using the existing general contractor, or bring their own builder at any time. The seller’s change of plans provides the next owner with a significant head start and rare flexibility. Properties that combine a recently remodeled interior, immediate rental income, optional redevelopment potential, weekly rental zoning, and a highly walkable location near the island’s core amenities and planned improvements are increasingly difficult to find on Fort Myers Beach.

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