NOT LISTED FOR SALE

110 Bahia Viaduct Fort Myers Beach, FL 33931

6 Beds
6 Baths
-- Sq Ft
7,100 Sq Ft Lot

Last Sold April 14, 2022

Last sale price $1,999,990

5 Days on Market

Highlights

  • Community Beach Access
  • Private Dock
  • Home fronts navigable water
  • Fort Myers Beach Elementary School Rated A-
  • Boating
  • Heated In Ground Pool

About This Home

As of April 2022

A Stunning Waterfront Multi-Unit 4-plex with Fantastic Gross Income Potential of $180k-$210k+. This amazing 4-Plex is located on a Gulf Access CANAL with a POOL and Steps to the BEACH. A perfect layout with Four WATERFRONT facing Units and all 4 units are recently refreshed. Featuring TWO Upstairs 2 bedroom / 2 bath units having a walk-around Southern exposure deck overlooking the HEATED POOL, Boat Dock and Canal. In addition, there are TWO ground level 1 bed / 1 bath units and each featuring walk out access to the pool. NEW ROOF in 2020. Recently painted interior and exterior, all new furniture in 2020, gorgeous paver driveway and extremely well maintained and cared for by the Sellers. Renters love relaxing by the highly desirable southern exposure pool or sitting in the water on the Sunshelf. Right across the street from the Beach. Walking distance to shopping, cafe, marina and restaurants. Great opportunity for a Rare South end Ft Myers Beach Multi unit that can be used personally and/or as an income property too. Perfect for Investors and Personal use alike. Hurry up this won't last long.

Last Agent to Sell the Property

Alex King

Premiere Plus Realty Company License #BEAR-3251534 Listed on: 02/10/2022

Premiere Plus Realty Company

Co-Listed By

Stacee Foster

Premiere Plus Realty Company License #BEAR-3410602

Last Buyer's Agent

Alex King

Premiere Plus Realty Company License #BEAR-3251534 Listed on: 02/10/2022

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,494

Year Built

  • Built in 1973

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions: 60
  • Home fronts navigable water
  • Home fronts a canal
  • Fenced

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Storage
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Fixed Bridges
  • Private Dock
  • Dock made with wood
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for departure cleaning
  • Assessor Parcel Number 34-46-24-W4-00021.0000
  • Tax Block A

Community Details

Overview

  • 4 Units
  • Santini Cross Unrec Condos

Amenities

  • Community Barbecue Grill
  • Restaurant
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boating
  • Fishing Pier
  • Gulf Boat Access
  • Community Beach Access

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $80,000
  • Net Operating Income $102,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,494

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Legal Description: LOTS 6 BLK A SANTINI CROSS UNREC PLAT BEG SELY COR BLK I MC PHIE PK #2
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.423394$-81.904246$330.17$13.33$1.00$rErdxOdeqITYODQMrHWM1g
  • Building Design: Quadraplex
  • Building Description: 2 Story, Multi-Story Home
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Flooring: Tile
  • Windows: Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up or Flat
  • Canal Width: 121-150
  • Construction: Wood Frame
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Boat Access: Boat Dock Private, Dock Included, Wooden Dock
  • Irrigation: Assessment Paid, Central
  • Road: Public Road
  • Exterior Features: Deck, Fence, Patio, Storage
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Private Pool Type: Below Ground, Heated Electric
  • Waterfront Type: Canal, Navigable

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Santini Cross Unrec
  • Amenities: BBQ - Picnic, Beach Access, Common Laundry, Extra Storage, Fishing Pier, Internet Access, Restaurant, Shopping, Sidewalk
  • Community Type: Boating
  • Units In Building: 4

Condo/Co-op/Association

  • Sub Condo Name: SANTINI CROSS UNREC

Lot Info

  • Lot Back: 60
  • Lot Frontage: 60
  • Lot Left: 120
  • Lot Right: 120
  • Lot Unit: 6
  • Section: 34
  • Waterfront: Yes
  • Zoning Code: C-1A
  • Acres: 0.1630
  • Lot Description: Regular
  • Lot Dimensions: 60 X 120
  • Parcel Number: 34-46-24-W4-00021.0000

Rental Info

  • Tenant Pays: Departure Cleaning

Tax Info

  • Tax Description: City And County
  • Taxes: 9494.00

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 183000.00
  • Annual Expenses: 80000.00
  • Annual Net Operating Income: 102000.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $1,999,990 0.0% --
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $1,999,990 +90.1% --
06/05/2020 06/05/20 Sold $1,052,000 -18.4% $322 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $1,290,000 +35.8% $395 / Sq Ft
06/11/2018 06/11/18 Sold $950,000 -4.7% --
05/14/2018 05/14/18 Pending -- -- --
09/19/2017 09/19/17 For Sale $997,000 +2.0% --
03/26/2016 03/26/16 Sold $977,500 -1.3% $150 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $990,000 -- $152 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 222010204

Multiple Listing Service of Bonita Springs-Estero