1 / 5$499,000 list price
location_onFORT MYERS BEACH, FL 33931 · Lee County
NO HOA, WEEKLY RENTAL STREET! This concrete block beach cottage is in an excellent location! At just a mile from the Times Square area and a short walk from the beach with access across the boulevard, it’s easily accessible to everything by foot. Property is located on Fort Myers Beach which was impacted by Hurricane Ian. Submitted engineering report determines the property structurally sound and ready to rehab, new metal roof in 2018 did great in the storm, original terrazzo flooring just needs a good polish, and new electrical is set to be installed by the end of December saving you the time of finding estimates and $15k in work. Home has 2 beds, 1 bath, living and dining rooms in a spacious layout, screened porch has exterior utility closet for laundry/water heater and backyard has room for a pool. Has operated as an Airbnb since 2018, drawing between $45-50K in rentals annually. Investors, this property is cleaned out down to the studs and could be up and running as an annual or weekly rental in no time, saving you time and money by avoiding the red tape and expense of a new build. Get on the island at a discount while you can!
Appliances
Flooring
Cooling
Heating
Construction
Roof
Parking
Waterfront
View
$99,800 down
Loan amount $399,200
Estimated monthly principal & interest
$2,523
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
MVP Realty Associates LLC
239-963-4499