1 Lofton Island Fort Myers, FL $ 4,100,000
1 Lofton Island
$ 4,100,000
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1 Lofton Island

Fort Myers, FL, 33901
$ 4,100,000
Bedrooms-- Baths--

Monthly Estimate*

$ 25,888

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Commercial Property for sale in Fort Myers, FL

for $4,100,000. This building was built in 1910 on a lot size of 9.423.

Lofton Island is an approximately 9.3-acre private island set in the Caloosahatchee River, directly beneath the Edison Bridge in the heart of downtown Fort Myers' River District. It is one of the only privately held, fully-entitled islands of its size in Southwest Florida, and it is coming to market during a generational wave of public and private redevelopment along the downtown riverfront, including the reopening of Legacy Harbour Marina, Suntex Marinas' planned expansion of the Fort Myers Yacht Basin, the 21-story ONE Fort Myers condominium tower, and the City's Innovation Walk riverfront master plan. The site carries by-right Commercial-Intensive (CI) zoning, entitling hotel/resort, marina, restaurant and bar, entertainment, and high-density residential uses without the need for rezoning. Infrastructure work is already in place: over $2M has been invested in a completed directional-bore utility crossing connecting water, sewer, electric, cable, and gas service to the island, and the property is permitted by the Florida Department of Environmental Protection for a 75-slip deep-water marina, including four 200-foot superyacht berths. A 30-year (plus two 30-year renewal options) submerged land lease with the City of Fort Myers is executed, and the project has secured a $1M State of Florida grant toward marina redevelopment. U.S. Army Corps of Engineers federal sign-off and recording of the City utility easement remain the final steps in the permitting process. With roughly 1,500 linear feet of waterfront frontage, unobstructed visibility to daily bridge traffic, and immediate proximity to the Fort Myers Yacht Basin and River District core, Lofton Island offers a developer the flexibility to phase or blend hospitality, marina, and residential product on a single entitled waterfront parcel, a combination that is effectively unavailable elsewhere in downtown Fort Myers.

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Commercial Active

Price

$ 4,100,000

Property Type

Commercial

Taxes

$ 15,016

Style

Hotel/Motel

Lot Size

9.423

Year Built

1910

Town/City

Fort Myers

County/Region

Lee

MLS | Web ID

2026032012

Features
General
Utilities Other
HOA Fee 0
Year Built 1910
Property Subtype Hotel/Motel
Tax Year 2025
Current Use Mixed Use
Business Type Hospitality Other Restaurant
Waterfront Features River Front
HOA Fee 2 0
County Lee
Property Type Commercial Sale
Status Active
Directions Boat access only.
City Fort Myers
Land Lease Amount 0
Zoning Description CI
MLS Area DT01 - Downtown Fort Myers
Lot Size Units Acres
Tax Annual Amount 15016.1
Property Condition Resale
Lease Considered Y/N false
Virtual Tour https://view.spiro.media/order/8079a697-5954-4e07-b160-08deec9aa7ab?branding=false
Standard Status Active
Property Sub Type Additional Retail Commercial Special Purpose
Legal Description ALL SECS 13 14 IN RIVER LY N+W OF FT MYERS DES ORS 830 /58 + 2924/2102 LOFTON ISLAND
HOA Fee 3 0
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Interior
Total Stories 0
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Exterior
Lot Size Area 9.423
Lot Size Acres 9.423
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Mark Vancosky

Listing Agent

Era Right Choice Realty

Broker

markvancoskyrealtor@gmail.com

Email

Affordability Calculator

$27,139
Per Month
95%
5%
0%
Monthly Principal & Interest
$25,888
Monthly Property Taxes
$1,251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2026$4,100,000 Listed Price

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1 Lofton Island, Fort Myers, FL, 33901 is a Commercial Property for sale at $4,100,000 with a lot size of 9.423. 1 Lofton Island was built in 1910. The property's zip code is 33901 which is in Fort Myers, FL