$1,399,900 Price Analysis    ♡   Fort Myers Beach, FL 33931 8 bed 5 bath 4,704 SqFt ($297/SqFt) 0.26 acre lot. Built 1979 Listed 2024-04-10 | Ⓧ USDA Ineligible due to price & location near Fort Myers Beach |
RECENT PRICE REDUCTION!
THIS IS NOW THE LEAST EXPENSIVE HOUSE BY SQUARE FOOTAGE AND BY ROOM COUNT ON THE ISLAND. COME SEE THIS ONE-OF-A-KIND INCOME PRODUCING PROPERTY. LOCATED JUST 2 BLOCKS FROM THE BEACH! BRAND PRISTINE ROOF and PRISTINE A/C UNITS ALL WITH PERMITS AMAZING DUPLEX WITH 5 BEDROOMS / 3 BATHROOMS IN THE UPPER UNIT AND 3 BEDROOMS / 2 BATHROOMS IN THE LOWER UNIT. WALK TO THE BEACH, SEVERAL RESTAURANTS, AND SHOPS. THE UPSTAIRS UNIT COVERS THE 2ND AND 3RD FLOORS AND HAS A FULL KITCHEN WITH NEW A PPLIANCES. THE LOWER UNIT HAS BEEN COMPLETELY REMODELED WITH A NEW KITCHEN AND NEW APPLIANCES. THE HOUSE IS VERY WELL-APPOINTED AND COMES TURN-KEY WITH ALL FURNITURE, DECORATIONS, LINENS, KITCHENWARE, ETC. THIS HOME IS VERY SPACIOUS AND SLEEPS UP TO 22 GUESTS. THIS PROPERTY IS MUCH BIGGER THAN THE TAX ROLLS!
LOCATED ON WEEKLY RENTAL ZONE. ALL WORK DONE HAS BEEN PERMITTED. THIS VACATION RENTAL HAS A PROVEN TRACK RECORD OF BEING VERY PROFITABLE, GENERATING OVER $220, 000.00 PER YEAR.
Property MLS #224032828 from FLGulfCoastMLS
Full Bathrooms: 5
Flooring: Tile
Window Features: SingleHung, Sliding, Shutters
Heating Features: Central, Electric, Zoned
Heating: Yes
Fence
OutdoorShower
Patio
Patio And Porch Features: Deck, Patio
Road Responsibility: PublicMaintainedRoad
Pool Private: Yes
Lot Dimensions Source: Appraiser
Lot Size Acres: 0.2566
Lot Size Dimensions: 31 x 116 x 92 x 118
Lot Size Source: Appraiser
Lot Size Square Feet: 11177
Association Amenities: BeachRights, BeachAccess, Library, Trails
Calculated Total Monthly Association Fees: 0
Pets Allowed: Yes
Number of Units: 2
Tenant Pays: JanitorialService
Source Listing Status: Active
County: Lee
Tax Year: 2022
Source Property Type: ResidentialIncome
Source Neighborhood: BORTONS
Parcel Number: 20-46-24-W4-01700.0050
Postal City: FORT MYERS BEACH
Subdivision: BORTONS
Zoning Description: RES
Property Subtype: Duplex
Source System Name: C2C
$1,399,900
FLGulfCoastMLS
Price Changed 2024-05-02
$1,399,900
MiamiMLS
Listing removed 2024-04-10
$0
FLGulfCoastMLS
Listed 2024-04-10
$1,449,900
FLGulfCoastMLS
Price Changed 2024-04-10
$1,449,900
MiamiMLS
Listing removed 2024-04-09
$1,499,900
BonitaSprings
Price Changed 2024-03-07
$1,499,900
MiamiMLS
Price Changed 2024-03-07
$1,499,900
FLGulfCoastMLS
Price Changed 2024-03-04
$1,549,900
FLGulfCoastMLS
Price Changed 2024-03-04
$1,549,900
MiamiMLS
Price Changed 2024-01-04
$1,599,900
MiamiMLS
Price Changed 2024-01-04
$1,599,900
FLGulfCoastMLS
Listed 2023-10-26
$1,699,900
FLGulfCoastMLS
Price Changed 2023-10-05
$1,699,900
MiamiMLS
Price Changed 2023-09-25
$1,699,000
MiamiMLS
Listed 2023-08-16
$1,850,000
MiamiMLS
Operating Expense: 30000
Building Area Total: 4704
Construction Materials: VinylSiding, WoodFrame
Property Age: 45
Property Condition: Resale
Roof: Shingle
Structure Type: Duplex
House Style: MultiLevel, Duplex
Architectural Style: MultiLevel, Duplex
CableAvailable
UndergroundUtilities
Water Source: Public
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The 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.