Developer pays $7 million for Fort Myers Beach hotel

A Chicago developer is building a 12-unit luxury project next door to Carousel Beach Inn with residences starting at $3.9 million.

A Chicago developer paid $7 million for a Fort Myers Beach hotel. (Courtesy photo)
A Chicago developer paid $7 million for a Fort Myers Beach hotel. (Courtesy photo)
  • Charlotte–Lee–Collier
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The Carousel Beach Inn on South Fort Myers Beach has sold to a Chicago developer who will use the property to complete a luxury residential development already under construction.

 

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