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Diane Fowler
Captain Diane Fowler
CRS, GRI, e-PRO
Licensed in IL 1977

239-850-4935
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Listing 7 out of 419
Sold for $505,000 Sold

230 Fairweather Ln
Fort Myers Beach, FL 33931

4 units | Multi Family Home
4452 sq ft - MLS# 219011567
Property Photo

Sold

Sold for $505,000 on Feb 22, 2019

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 are rented seasonally at $75 per night., 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. This Property is current on the contract with a kick out clause please summit your offers.

Features

  • Property Type: Multi Family Home
  • Sub Type: Quadraplex
  • Listing Status: Sold
  • Listing Price: $525,000
  • County/Area: Lee County
  • Zip Code: 33931
  • Year Built: 1967
  • Subdivision/Neighborhood: Beach Estates
  • Style: 1 Story/Ranch
  • Stories: 1 Story/Ranch
  • Units: 4 units
  • Bedrooms: 4
  • Full Baths: 4
  • Lot Size: 4452 sq ft
  • Baths: 4
  • Waterfront: 0
  • Zoning: RM-2
  • Annual Net Operating Income: 91755.00
  • Cable Available YN: Yes
  • Community Type: Non-Gated
  • Construction: Concrete Block
  • Construction Status: Resale Property
  • Cooling: Wall Unit
  • Development Name: Beach Estates
  • Exterior Features: Fence
  • Exterior Finish: Stucco
  • Flooring: Laminate, Tile
  • Gross Rent: $96,000
  • Heating: Wall Unit
  • Irrigation: Central
  • Lot Description: Regular
  • Lot Unit: 21
  • Pets: With Approval
  • Roofing: Shingle
  • Selling Agent: Isabelle Wells
  • Selling Office: John R. Wood Properties
  • Sewer: Central
  • Tax Amount: 4332.00
  • Tax Desc: City And County
  • Tax Year: 2017
  • Tenant Pays: Departure Cleaning
  • Township: 46
  • Water: Central
  • Windows: Single Hung
  • s: 4
  • Sold Price: 505000.00
  • Sold Date: 2019-02-22 00:00:00
Courtesy of Innova Real Estate Corp

Captain Diane Fowler
CRS, GRI, e-PRO
Licensed in IL 1977
Phone: 239-850-4935
Email: dianeflr@AOL.COM
 

Testimonials Page

Over the years, I have worked with many Realtors; but Diane stands out! She knows her market, loves her job & it shows. Her blatantly honest comments kept me entertained and informed. We loved her FREE Boat Tour! Such a unique city - you need a Captain like her to fill you in on all recent changes. She is a tough negotiator - got us a better price on the vacant lot than we thought AND introduced us to a quality builder who is getting ready to build our dream home. We highly recommend her! Roxanne & Robert Bruegging
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