Fort Myers Beach Icon Neptune Resort Torn Down, Set for 140-Room Comeback

Bulldozers demolished the Neptune Resort on Estero Boulevard earlier this month. The storm-battered building will be rebuilt twice as big as before with 140 rooms.

A year before Ian struck, investors paid $27 million for this slice of beach paradise. Now, Continental Hospitality Group and Springboard Hospitality will transform the site. Last December, town officials backed plans to expand the old 71-room spot into something grander.

The resort is located strategically near the downtown northern district and just a few blocks from the DiamondHead Beach resort. Plans show a restaurant and tiki bar.