168 Chapel ST FORT MYERS BEACH FL 33931 MLS #222090875

MAY CONSIDER JOINT VENTURE AND SELLER FINANCING. RARE INVESTMENT OPPORTUNITY WITH TWO OF DEEPEST CANAL-FRONT LOTS ON THE ISLAND. Up to 282 feet deep. This listing price includes two parcels (168 Chapel street and 170 Chapel street) with combined 0.6 acreage, however, each parcel can be sold separately. Ideal for building a large vacation rental home on each lot or a resort style compound. Located in the highly sought north end of the island in the weekly rental district. Zoning for both single and multi family use (Residential Multifamily -10). Possibility to build three large units if two parcels are combined (subject to town approval). Listed price is below recent appraisal of $2.94 million for both parcels. Three minute walk to the beach and 5-10 minutes to downtown Times Square. This unique location is adjacent to a green nature preserve. A 10 bedroom, 5500 sf single family floor plan with an elevator, large pool and a large backyard for large social event or business retreat has been designed for each lot.