Margaritaville owners put Silver Sands up for sale – Fort Myers Beach Talk

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Silver Sands, the iconic Fort Myers Beach resort, before it was destroyed by Hurricane Ian. File photo

A year after acquiring the iconic Silver Sands property for $7.1 million, TPI-FMB is asking $9.9 million for the .74 acre lot across the street from the Margaritaville Beach Resort property on Fort Myers Beach.

The company, which is controlled by Margaritaville developer Tom Torgerson, bought the property in January of 2023. At the time, Margaritaville Beach Resort announced that the company planned to rebuild the former resort that was wiped out by Hurricane Ian.

An announcement of the purchase last year by Margaritaville Resort’s owners included plans for the property being used as an extension of the Margaritaville Resort with balcony suites and parking underneath. The expansion plans were said to be in the design phase last year with hopes to reopen in 2025.

Silver Sands Resort is located at 1207 Estero Blvd. The property previously changed hands in 2001 when Andrea Carriere and Thomas Groves acquired the land for $1.075 million.

Torgerson couldn’t be reached for comment.

Before being wiped out by Hurricane Ian, the resort included an outdoor pool. The property has access to the bay. The original property was one of the oldest vacation spots on Fort Myers Beach.

Fort Myers Beach Observer Editor Nathan Mayberg can be reached at [email protected]

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