Located in one of Fort Myers Beachs rare weekly rental zones, this property is currently operating as a very successful short-term rental, providing immediate income while preserving complete flexibility for the future. The entire interior of the home was recently remodeled, allowing a new owner to continue operating it as a strong-performing rental indefinitely, or simply enjoy it as-is, with no requirement or obligation to rebuild unless desired. This makes the property equally attractive for investors, second-home buyers, or future end-users seeking dependable rental income today with optional long-term redevelopment upside. The home is within easy walking distance to the beach, Margaritaville Resort, downtown Fort Myers Beach, and the area where the iconic pier is planned to be rebuilt, along with the extensive new and planned redevelopment transforming the island, positioning the property at the center of Fort Myers Beachs long-term revitalization. The existing 3-bedroom, 2-bath residence includes permit-ready, engineer-approved plans for a 5-bedroom, 5-bath, three-story elevated home. Renderings shown in the photos illustrate one potential redevelopment option created by a top architect and designer after more than a year of planning and design work. The proposed design features 10-foot ceilings, modern coastal architecture, expansive indoor and outdoor living spaces, and generous parking, designed to maximize both personal use and rental appeal. A major advantage of this offering is the ability to rebuild cost-effectively by utilizing the existing foundation and block structure, which has been designed to meet applicable code requirements. Buyers may continue operating the property as a proven income-producing rental long term, move forward with redevelopment using the existing general contractor, or bring their own builder at any time. The sellers change of plans provides the next owner with a significant head start and rare flexibility. Properties that combine a recently remodeled interior, immediate rental income, optional redevelopment potential, weekly rental zoning, and a highly walkable location near the islands core amenities and planned improvements are increasingly difficult to find on Fort Myers Beach.
MLS# 2025012799
Interior Features
Appliances: Water Softener, Electric Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Cooling: Ceiling Fan(s), Central Electric, Exhaust Fan, Heat Pump
Heating: Heat Pump
Flooring: Carpet, Tile
Furnished?: Turnkey
Misc Interior: Great Room, Den - Study, Workshop, Wired for Data, Multi Phone Lines, Pantry, Walk-In Closet(s)
Exterior/Building Features
Acres: 0.11
Building Name: MIRAMAR
Community Features: None, No Subdivision
Construction Materials: Concrete Block, Stucco
Garage Spaces: 0
Levels: 1 Story/Ranch
Parking Features: 2+ Spaces, Driveway Paved, Paved
Security Features: Smoke Detector(s), Smoke Detectors
Other Exterior: Outdoor Shower, Room for Pool
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this one are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. 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 Southwest Florida MLS organizations. Copyright 2024 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.
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