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Sold for $505,000 on Feb 22, 2019
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.