Fort Myers Hotel Site For Sale for $2.5 Million

A site approved for a hotel in Fort Myers is being offered for sale for $2.5 million. DSH Hotel Advisors has been retained as the exclusive broker to market for sale a hotel development site in a high-expansion area of Fort Myers, less than 3 miles to the west of Interstate 75. The development site is situated on the northeast corner of Turquoise Street and Columbia Boulevard, with 318+/- feet of frontage on Columbia Boulevard. Hotel flags are available for this location within the Marriott, Hilton, IHG, Hyatt, Choice Hotels, Wyndham, Extended Stay America and other national franchises. There are plans in place for a new Extended Stay America Premier Suites hotel that are associated with this development site. The Premier Suites is a new Extended Stay America prototype featuring spacious suites with fully equipped kitchens and added amenities for an elevated experience. This vacant land development site is in final stages of site plan approval and all entitlements are in place for imminent construction of a 123-room, 4-story interior corridor Extended Stay America Premier Suites hotel. Full architectural building and MEP plans have been completed, and the site is permit-ready for ground-breaking in 2023.

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