Offered at an adjusted price of $3,495,000, 3131 E Riverside Drive presents a rare dual-track opportunity for income investors, owner-users, and waterfront high-rise developers. The property is immediately adjacent to land recently acquired by the City of Fort Myers for a new public boat ramp, a significant catalyst for waterfront land values and future residential demand. In addition to strong in-place and pro-forma income, the site has prior high-rise PUD history (reapplication required) and is well suited for a hold-and-carry redevelopment strategy, allowing rental income to offset carrying costs while pursuing future condominium or mixed-use development. Parking / Land Upside Additional Land Value – A nearly ½-acre portion of the property can be developed with no zoning changes to RM16 or up to 7 units as-is or utilized short- or long-term as a 24–32 space surface parking lot, supporting the new City boat ramp, tenants, or future development, with potential for meaningful supplemental income. Price For Lease: $15.00 PSF + $5.00 CAM