$1,800,000

2870 Estero Boulevard

FORT MYERS BEACH FL, 33931

Description

This beautiful Motel on Fort Myers Beach is one of a kind. The grandfathered in Motel allowes daily rental and therefore is one of the only ones on the market on Fort Myers Beach. The Hotel has 9 rooms grossing about $180.000 a year with lots of room for more with better management. Direct beach access only 30ft from the house. Some rooms have water view. The little Tikibar gives guests a place to grill and to enjoy the outdoors. Current owners will transform it into a Condominium over the next 12 months and plan to sell each unit individually. Units sales price will range from 175-265k. Buy in now and keep it as a motel or follow the route of transition and own your very own condominium building!

Details

MLS#220047841
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site15

Features

Acreage0.14

Market Activity 33931

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Area Information
StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaFB03 - Gulf Beach Road to Avenid
Listing VS Median (in 33931)
Price:
$1,800,000
low | high
Med:
$483,000
100% of Average
On Site:
15
low | high
Med:
78.500000
19.108280254777% of Average
Listing Updated: 08/13/2020
Daniel James Clarkston LogoMLS Number: 220047841
Listing Provided By:
Daniel James Clarkston  of  Premiere Plus Realty Company

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