Lofton’s Island is bare and ready for development

The trees are gone and the land is vacant.

Now everyone wants to know what is happening on Lofton’s Island.

The island, between the Caloosahatchee and Edison bridges, was sold in 2020 for roughly $1.6 million.

The island is now bare.

“They always have their mystique,” said Lamar Fisher, president and CEO of the Fisher Auction Company.  “Someone always wants to own their own private island.”

In 2020, Fisher, who helped auction off the island, described it as a “rare and exclusive 9.3-acre private island and marina development opportunity.”

“Or even someone putting multi-family townhomes, and even a hotel, a resort-type property,” Fisher said. “Uses run the gamut and the interest has been that way as well. ”

Now, development is a go. Lofton’s Island LLC bought the patch of real estate surrounded by the Caloosahatchee River.

It cost almost $800,000. The company said it has the permits to clear the land, and that construction will start next year.

However, they won’t say what they are building yet. The company that owns the island said the manager who can speak about what’s next is out of the country.

“The aspect takes over of what can I do with it, and so the imagination just roams,” Fisher said.