A Community Redevelopment Agency (CRA) incentive package totaling approximately $3.3 million in tax-increment rebate funding has been awarded to the current developer, who may consider a joint-venture partnership with a qualified buyer. These entitlements and approvals significantly reduce development timelines and costs, creating a true shovel-ready opportunity in a rapidly advancing downtown corridor. Downtown Fort Myers continues to evolve as a vibrant River District destination, characterized by robust residential growth, expanding hospitality demand, and a sustained influx of mixed-use investment. Recent hotel and multifamily developments—such as the Luminary Hotel & Conference Center, The Banyan Hotel, and multiple mid-rise residential projects—underscore the market’s depth and trajectory. This is an exceptional opportunity to acquire a fully entitled, brand-approved downtown development site positioned to capitalize on Fort Myers’ expanding tourism, business travel, and residential base. With its prime zoning, existing approvals, CRA incentive, and strategic location within the River District, the site offers immediate scalability and value creation potential for investors and developers alike.