EXECUTIVE SUMMARY

CBRE Limited, on behalf of Zeifman Partners Inc., is pleased to offer a rare vacant land site for sale near Fort Myers Beach, Florida. This 6.89 acre site has a current Development Order from Lee County allowing for an assisted living senior housing project. Entitlements include a 142-bed assisted living facility, a 16,000 SF common area, and a 24,687 SF memory care facility. The current owner has taken the property through most of the development process ideally allowing the potential buyer start construction sooner than most properties.

This property is the perfect opportunity to provide a comfortable and active lifestyle for seniors, with a range of amenities and services that cater to their unique needs. The development will be located just minutes away from world class beaches like Sanibel Island, Captiva Island, Fort Myers Beach, and Estero Island. With a growing demographic demand and constrained new supply, the senior living industry in Fort Myers is poised for robust sector performance and significant value-creation.