$650,000 Price Analysis    ♡   Fort Myers Beach, FL 33931 2 bed 2 bath 774 SqFt ($839/SqFt) 5,685SqFt lot. Built 1978 Listed 2024-04-23, Taxes $6,359 | Ⓧ USDA Ineligible due to location near Fort Myers Beach |
Weekly Rentals allowed and (optional)
* No Longer For Sale *
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On-site rental program for owners. DIRECT BEACHFRONT on the desirable North-end of the island with gulf front lanai and bay front views from the kitchen! 5th floor, 2BR, 2BA that was beautifully renovated before hurricane Ian (sept 2022), including updated kitchen and bathrooms, wood-look tile flooring throughout flooring, new glass shower door. Fortunately the unit sustained Minimal damage, however the building is still a construction zone. Prior to Ian, these units were selling in the 800s (and grossng 70+ per year).
This unit has been priced to allow the new owner to pay for future assessments while buildi ng equity. The new owner will also be able to take advantage of significant escalation in daily rental rates once the building is back on-line. Unit being sold Turnkey as seen. The building will have a new roof, new plumbing, new electric, new elevator, updated pool area with tiki hut and a new community room. The unit has a new AC, new water heater (seller paid assessment) and impact doors and windows. Walking distance to Time Square for entertainment, shops, restaurants and Margaritaville. On-site laundry facility. PHOTOS Are Pre-Ian. Cash only.
Presented by DENISE CHAMBRE at
Keller Williams Realty Fort Myers.
Property MLS #224037113 from FLGulfCoastMLS
Range
Refrigerator
TrashCompactor
Laundry Features: CommonArea
Full Bathrooms: 2
LivingDiningRoom
ShowerOnly
SeparateShower
WalkInClosets
AirFiltration
Flooring: Tile
Window Features: ImpactGlass, Shutters, WindowCoverings
Heating Features: Central, Electric
Heating: Yes
Storage
Patio And Porch Features: Balcony, Screened
Gulf
Lot Dimensions Source: Appraiser
Lot Size Acres: 0.1305
Lot Size Source: Appraiser
Lot Size Square Feet: 5685
Other Equipment: AirPurifier
Security Features: SecuritySystemOwned, SecuritySystem, KeyCardEntry, PhoneEntry
Association Amenities: Clubhouse, Laundry, Barbecue, PicnicArea, Pool, Sidewalks
Association Fee Includes: AssociationManagement, Laundry, MaintenanceGrounds, RecreationFacilities, ReserveFund, Trash, Water
Association Phone: 2394633222
Pets Allowed: No
Tax Block: 2200
Source Listing Status: Closed
County: Lee
Tax Year: 2022
Ownership: Condo
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: CANE PALM BEACH CONDO
Parcel Number: 24-46-23-W4-02200.5020
Postal City: FORT MYERS BEACH
Public Survey Range: 23
Public Survey Section: 24
Public Survey Township: 46
Subdivision: CANE PALM BEACH CONDO
Property Subtype: Condominium
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $440,542 + $unknown $440,542 | $6,359 |
| 2021 | $unknown + $unknown $484,596 | $6,359 |
| 2020 | $435,243 + $unknown $435,243 | $6,443 |
| 2019 | $434,435 + $unknown $434,435 | $6,478 |
| 2018 | $435,243 + $unknown $435,243 | $6,408 |
| 2017 | $440,088 + $unknown $440,088 | $6,618 |
| 2016 | $419,871 + $unknown $419,871 | $6,423 |
| 2015 | $394,000 + $unknown $394,000 | $6,052 |
| 2014 | $unknown + $unknown $366,400 | $5,630 |
| 2013 | $unknown + $unknown $315,454 | $5,074 |
| 2012 | $unknown + $unknown $321,400 | $4,788 |
| 2011 | $unknown + $unknown $319,900 | $4,850 |
| 2010 | $unknown + $unknown $245,000 | $4,024 |
| 2009 | $unknown + $unknown $391,140 | $6,333 |
| 2008 | $unknown + $unknown $449,000 | $6,752 |
| 2007 | $unknown + $unknown $564,000 | $8,438 |
$630,000
FLGulfCoastMLS
Listed 2024-04-23
$650,000
FLGulfCoastMLS
Listing removed 2020-09-23
$0
FLGulfCoastMLS
Listed 2020-09-01
$540,000
FLGulfCoastMLS
Listing removed 2020-02-20
$0
FLGulfCoastMLS
Price Changed 2019-02-22
$540,000
FLGulfCoastMLS
Listed 2018-09-24
$575,000
FLGulfCoastMLS
Listing removed 2015-12-30
$494,900
FLGulfCoastMLS
Sold 2015-12-29
$480,000
Public Record
Price Changed 2015-11-03
$494,900
FLGulfCoastMLS
Price Changed 2015-08-07
$509,900
FLGulfCoastMLS
Listed 2015-05-27
$525,000
FLGulfCoastMLS
Sold 1995-11-14
$198,000
Public Record
Year Built: 1978
Building Area Source: Appraiser
Building Area Total: 774
Construction Materials: Block, Concrete, Stucco
Direction Faces: East
Entry Level: 5
Foundation Details: PillarPostPier
Living Area Source: Appraiser
Property Age: 46
Property Condition: Resale
Roof: BuiltUp, Flat
Building Total Stories: 7
House Style: Stilt, MidRise
Architectural Style: Stilt, MidRise
CableAvailable
HighSpeedInternetAvailable
Water Source: Public
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.