1011 3rd Street # 1-4 Fort Myers Beach, FL
$ 1,195,000
Property Attributes
  • MLS#221029957
  • TypeMulti-Family
  • CountyLEE
  • CityFort Myers Beach
  • AreaFB01 - Bodwitch Pointe to Cresce
  • NeighborhoodBusiness Center
  • Zip33931
  • StyleDuplex
  • Year Built1972
  • Taxes$ 4564
  • Price$ 1,195,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1684
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
MVP Realty Associates LLC
Data Source:
Florida Gulf Coast MLS
Property Description

Great Income Producing Turnkey 4-PLEX with NIGHTLY rentals that is a rare find on Fort Myers Beach. $100K+ Annual Revenue Projected! Professional management in place. Brand new metal roof in 2020, gutters. Entire property has been upgraded inside and out. Interior recently remodeled with fresh paint, new furnishings, vinyl planking flooring on the 1st floor units. This means lower capital expenditures and maintenance for the new owner. Guests can walk to the Sugar sand beach, Times Square, the pier, restaurants, nightlife, shopping – everything that makes vacationing in Ft Myers Beach Perfect. Nightly QUADRAPLEX properties are in short supply and vacation rental demand is soaring. This location is near the planned Margaritaville Resort which offers both an upside to increase the rental income and value appreciation. Great opportunity to add to your rental portfolio.

Price History
5/3/2021 Listed $1,195,000

General Features

Architectural Style Duplex
Association Amenities Laundry, None, Barbecue, Picnic Area
Community Features Non-Gated
Construction Materials Aluminum Siding, Block, Frame, Concrete
Cooling Ceiling Fan(s), Wall Unit(s)
Development Name BUSINESS CENTER
Exterior Features Deck, Patio, Storage
Flooring Tile, Vinyl
Heating None
Listing Agent State License 258026227
MLS Area FB01 - Bodwitch Pointe to Cresce
Patio/Porch Features Deck, Patio
Pets Allowed Yes
Private Pool No
Property Sub Type Additional Duplex, Quadruplex
Property SubType Duplex
Property Type Residential Income
PropertyCondition Resale
Roof Metal
Sewer Public Sewer
Structure Type Quadruplex, Duplex
Subdivision Name BUSINESS CENTER
Terms All Financing Considered, Cash
Total Units 1
Waterfront Features None
Zoning Description C-1

Interior Features

Air Conditioning Y/N Yes
Full Baths 4
Laundry Features Common Area
Total Baths 4
Total Bedrooms 5
Window Features Jalousie, Sliding

Exterior Features

Gulf Access No
Lot Dimensions 39 x 79 x 39 x 80
Lot Features Rectangular Lot
Lot Size Acres 0.07
Lot Size Area 0.07
Lot Size Source Appraiser
Lot Size Units Acres
Number of Buildings 1
Roadresponsibility Public Maintained Road
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33931

AVG $1.37M
AVG $8,116
AVG 60
Year Built
AVG 1973

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