230 Fairweather LN, Fort Myers Beach, FL 33931

$525,000
4
BD
4.0
BA
List Price
$525,000
Status
PENDING WITH CONTINGENCIES
MLS#
218009264
Days on Market
236
Bedrooms
4
Bathrooms
4.0
Development
Beach Estates
Subdivision
Beach Estates
Township
46

Property Description

Great Investment Property. This Multifamily is located within walking distance to the beach and Time Square on Fort Myers Beach. Well maintained one story building for Seasonal or Annual Rental. Each Turnkey unit features 1 bedroom, 1 bathroom, tile and laminate throughout, open kitchen, and one parking space assigned for each apartment. Building offers common laundry and Hot Tub. Great Location, walking distance to everything. All units were rented seasonally at $75 per night fully occupied until April 2018, bookings keep coming every week for off season and next season. May-November is offered at $50 per night rate or $1.050 a month with a 7 month lease. This is a great investment opportunity with 12%+ Return on Investment. It is Professionally managed with a booking system in place and the management is willing to keep doing they job for the future owner.

Additional Information

Total Tax Bill
$4,332
Year Built
1967
Community Type
Non-Gated
Construction
Concrete Block
Acres
0.1022
Amenities
None
Cooling
Wall Unit
Heating
Window Unit
Flooring
Laminate, Tile
Exterior Features
None
Roofing
Shingle
Lot Description
Regular
Water
Central
Sewer
Central

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Innova Real Estate Corp.

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2018 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .