162 Tropical Shore Way Fort Myers Beach, FL 33931
Estimated payment $5,727/month
Total Views
3,595
4
Beds
8
Baths
2,500
Sq Ft
$320
Price per Sq Ft
Highlights
- Boat Dock
- Waterfront
- Florida Architecture
- Fort Myers Beach Elementary School Rated A-
- Canal Access
- Cooling System Mounted In Outer Wall Opening
About This Home
Looking for a solid long-term investment? This triplex checks all the boxes. Located on one of the best streets in Fort Myers Beach, just two blocks — about a 5-minute walk — from the beach. The property sits on a deep water canal with direct access to the ocean and no neighbors behind. It’s in a great, family-friendly neighborhood — ideal for vacationers or anyone looking for a short- or long-term rental. The layout includes one 2-bedroom, 2-bath unit and two 1-bedroom, 1-bath units, giving you plenty of options for rental income. Fort Myers is making a strong comeback, and this is a smart time to buy in. Photos are virtually staged to spark your imagination. Call us today to schedule your private tour.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,557
Year Built
- Built in 1968
Lot Details
- 7,710 Sq Ft Lot
- Lot Dimensions are 110 x 75 x 110 x 75
- Waterfront
- Fenced
- Rectangular Lot
Home Design
- Triplex
- Florida Architecture
- Shingle Roof
- Stucco
Interior Spaces
- 2,500 Sq Ft Home
- 1-Story Property
- Single Hung Windows
- Sliding Windows
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Canal Access
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 19-46-24-W3-00451.0430
Community Details
Overview
- 3 Units
- Hills T.P. Subdivision
Recreation
- Boat Dock
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,205 | $1,137,880 | $1,113,430 | $20,612 |
| 2023 | $10,565 | $699,904 | $467,916 | $203,486 |
| 2022 | $12,732 | $852,470 | $501,262 | $351,208 |
| 2021 | $7,148 | $573,521 | $485,114 | $88,407 |
| 2020 | $7,341 | $506,656 | $0 | $0 |
| 2019 | $6,914 | $451,339 | $0 | $0 |
| 2018 | $6,669 | $439,442 | $0 | $0 |
| 2017 | $7,041 | $457,055 | $338,800 | $118,255 |
| 2016 | $7,129 | $457,605 | $348,762 | $108,843 |
| 2015 | $3,950 | $384,201 | $344,177 | $40,024 |
| 2014 | $4,611 | $353,303 | $205,760 | $147,543 |
| 2013 | -- | $297,994 | $198,152 | $99,842 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Price Changed | $799,900 | -3.0% | -- |
| 05/03/2025 05/03/25 | Price Changed | $824,900 | -2.9% | -- |
| 03/31/2025 03/31/25 | For Sale | $849,900 | +24.1% | -- |
| 02/25/2021 02/25/21 | Sold | $684,900 | -5.5% | $274 / Sq Ft |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- |
| 11/28/2020 11/28/20 | For Sale | $725,000 | +48.0% | $290 / Sq Ft |
| 03/05/2015 03/05/15 | Sold | $490,000 | -2.0% | $196 / Sq Ft |
| 02/03/2015 02/03/15 | Pending | -- | -- | -- |
| 11/14/2014 11/14/14 | For Sale | $499,800 | -- | $200 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Certificate Of Transfer | $700,100 | -- | |
| Warranty Deed | $1,739,000 | First American Title | |
| Warranty Deed | $684,900 | Attorney | |
| Warranty Deed | $490,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Oxford Title & Escrow Inc | |
| Warranty Deed | $490,000 | Accent Title Ins Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,245,000 | Credit Line Revolving | |
| Previous Owner | $245,000 | Commercial | |
| Previous Owner | $98,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $450,000 | Commercial | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $392,000 | Commercial | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Fort Myers Beach, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225031867
APN: 19-46-24-W3-00451.0430
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