$2,999,000
775 Estero Blvd, Fort Myers Beach, FL 33931
4 Beds
4 Baths
2,240 SqFt

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Cheers to this sunny investment opportunity! Currently producing approx $200,000K annual income with room for growth! CANAL FRONT QUADRAPLEX with POOL & SPA on NORTH END of FMB, across the street from BEACH! 5 minute boat ride to Gulf of Mexico! 5 minute walk to Times Square! All 4 units are Beautifully updated coastal style with new kitchens w/granite counters, tile flooring, and updated bathrooms. (2 sleep 4, 2 sleep 6). Plenty of parking. Prime location with so much to offer! Soak up the sun & salt air, then retire to the sound of the waves. Have a moonlight picnic in the sparkling white sands and gaze the stars over Sanibel. Wine, dine and shop the spirited Times Square, then enjoy live music at your favorite local hotspot. Tour the island by bicycle, walking distance to Bowditch Point Park & Times Square. Explore Lover’s Key or kayak Estero Bay Aquatic Preserve. Proximity to all of the conveniences and a short distance from hospital & airport. Find your favorite local treasures and build beautiful memories. Come experience it for yourself! Want New? Great opportunities already approved from the town.
  • Price:
  • $2,999,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 4
  • Square Footage:
  • 2,240
  • Acreage:
  • 0.26
  • Year Built:
  • 1968
  • Listing ID #:
  • 222025119
  • Street Address:
  • 775 Estero Blvd
  • City:
  • Fort Myers Beach
  • State:
  • Florida
  • Postal Code:
  • 33931
  • County:
  • Lee
  • Community:
  • Fb01 - Bodwitch Pointe To Cresce
  • Subarea:
  • Island Shores
  • Subdivision:
  • Island Shores
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Building Condition:
  • Resale
  • Construction Description:
  • Block, Concrete, Stucco
  • Dwelling Type:
  • Quadruplex
  • Exterior Features:
  • Deck
  • Flooring:
  • Tile
  • Number Of Floors In Unit:
  • Multi/Split
  • Number Of Units:
  • 1
  • Patio Description:
  • Deck
  • Style:
  • Florida, Multi-Level, Split-Level
  • Total Building Square Footage:
  • 2240
  • Type Of Roof:
  • Shingle
  • Windows:
  • Single Hung
  • Year Built:
  • 1968
  • Net Operating Income:
  • 153871
  • Operating Expense:
  • 23600
  • Approximate Lot Size Range Source:
  • Survey
  • Lot Features:
  • Rectangular Lot
  • Lot Size:
  • 0.259
  • Zoning Description:
  • Rm-2
  • Association Amenities:
  • Pier
  • Community Features:
  • Boat Facilities
  • Days On Market:
  • 177
  • On Market Date:
  • 2022-04-03
  • Originating Mls:
  • Swfl
  • Previous Listing Price:
  • 3250000
  • Terms:
  • All Financing Considered, Cash
  • Sub Area:
  • Island Shores
  • Subdivision:
  • Island Shores
  • Property Taxes:
  • $9,605
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Janitorial Service
  • Pet Allowed:
  • Yes
  • Pool:
  • Yes
  • Pool Description:
  • Concrete, Electric Heat, Heated, In Ground
  • Spa:
  • Yes
  • Spa Description:
  • Electric Heat, Gunite, In Ground
  • Cooling System:
  • Central Air, Electric
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Central, Electric
  • Sewage Type:
  • Public Sewer
  • Unit 1 Description:
  • Open Lanai/Porch, Cable Available, Dryer, Microwave, Range, Refrigerator, Washer, Window Covering
  • Unit 1 Monthly Rent:
  • 20000
  • Unit 1 Total Bathrooms:
  • 4
  • Unit 1 Total Bedrooms:
  • 4
  • Unit 1 Type:
  • Item4bedroomormore
  • Gulf Access:
  • Yes
  • Gulf Access Type:
  • Nobridges, Waterdirect
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Canal Access
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Century 21 Tri Power Realty
  • The source of the foregoing property information is a database compilation of an organization that is a member of the Southwest Florida Multiple Listing Service. Each Southwest Florida Multiple Listing Service member organization owns the copyright rights in its respective proprietary database compilation, and reserves all such rights. Copyright © 2013. The foregoing information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage is believed to be accurate, but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it.

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