Neptune Owners Reverse Course. Rebuild is Off

In December of 2024, the Fort Myers Beach Town Council voted 4-1 to approve a new 148-unit Neptune Resort at 2310 Estero Boulevard. Continental Hospitality Group had purchased the property in 2021 for $27 million. Then in 2022 Hurricane Ian destroyed it.

During the Town Council vote in December of 2024, Mayor Dan Allers voted against the project because it would have increased the density of the hotel by 100%. The approval of the 130,000 square foot development included a 51 foot high building, 148 units (compared to 71 before the storm), 6 floors, a restaurant and 164 parking spaces.

About the property now going up for sale, Allers said, “Decisions like this are never easy, especially for a property that holds so many memories for residents, visitors, and generations of families who have enjoyed our community. As we continue to recover and rebuild, change is an inevitable part of that process, and it often comes with mixed emotions. As with any property transaction, the Town will follow its established processes and ensure that any plans for the site comply with our codes, regulations, and community standards. Our focus remains on balancing responsible redevelopment with the preservation of the character, history, and quality of life that make Fort Myers Beach special.”

Story continues

TRENDING NOW

LATEST LOCAL NEWS