3461–4511 North Key Drive presents a rare large-scale waterfront redevelopment opportunity comprising approximately 15.36± acres at the western tip of a fully built-out peninsula in North Fort Myers, Florida. The property benefits from direct access to the Caloosahatchee River and the Gulf of Mexico and includes substantial existing marina infrastructure, highlighted by a seawall and 43 boat slips. This existing waterfront utility differentiates the asset from traditional land opportunities and provides immediate strategic value for a buyer pursuing a marina-oriented residential, hospitality, mixed-use, or lifestyle-driven development concept.

From an entitlement and positioning standpoint, the property is zoned CT – Commercial Tourist and lies within the North Fort Myers Mixed Use Overlay, giving the site a regulatory framework that supports tourist-oriented housing, amenities, and flexible mixed-use development. The combination of scale, waterfront exposure, access, and existing marine infrastructure creates a redevelopment opportunity that is difficult to replicate along the riverfront corridor. For a prospective purchaser, the investment thesis centers on acquiring an irreplaceable waterfront landholding with multiple executable development paths in a region that continues to benefit from sustained migration, tourism demand, and limited supply of comparable waterfront redevelopment sites.