SoldMLS# 221084396
1 / 35$1,895,000
269 Driftwood LN
location_onFORT MYERS BEACH, FL 33931 · Lee County
5Beds5Baths1953Built
About This Property
Endless opportunities await you at 269 Driftwood . This double lot zoned for multifamily already has a quadplex on it with 3 of the units in a weekly rental program. This Gulf Access Canal home sits 1 lot back from the bay and has a total of 140’ on the canal. Here's an idea -- split the lots and build a brand new single family home and sell it to help cover your initial investment, whether you keep the quadplex or duplicate and repeat with another new construction home is up to you. A completely new sea wall was constructed in October of 2020. The old sea wall was totally removed and new sea wall panels, new tie backs and new Sea Wall Cap were installed. The new sea wall was constructed with another 12 inches of elevation above the previous sea wall with Helical anchor tie backs strategically placed so pools built could be placed as close to the sea wall as legally allowed. In addition to the new sea wall a new 10,000 lb. boat lift with a 30’ canopy, a 1000 lb. personal watercraft lift and a 23’ x 12.5’ dock was installed on lot 17. Also, 4 10” pilings and 3 approach pilings were prepositioned for a future 10,000 lb. boat lift on lot 16. Come and discover Fort Myers Beach ....
infoProperty Details
- Property Type
- Quadruplex
- Year Built
- 1953
- Lot Size
- 0.35 acres
- Bedrooms
- 5
- Bathrooms
- 5
- Days on Market
- 71
- Cumulative DOM
- 113
- List Date
- Dec 12, 2021
- Sold Date
chairInterior Features
Flooring
CarpetTile
Cooling
Central ElectricWall Unit(s)
Heating
Central ElectricWall Unit
yardExterior & Lot
Construction
Wood FrameAluminum Siding
Roof
Built-Up or Flat
Waterfront
Bridge(s)/Water IndirectCanal Front
Mortgage calculator
$379,000 down
Loan amount $1,516,000
Estimated monthly principal & interest
$9,582
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
Listed By
John R. Wood Properties
239-990-2590