198 Anchorage St Unit 200 Fort Myers Beach, FL 33931
Estimated payment $16,738/month
Highlights
- Heated In Ground Pool
- Outdoor Kitchen
- Cooling System Mounted In Outer Wall Opening
- Fort Myers Beach Elementary School Rated A-
- Impact Glass
- Patio
About This Home
This fully licensed vacation rental quadplex is a rare find on Fort Myers Beach—a turnkey, income-producing property located on a desirable weekly rental street just steps from the sand. Recently remodeled and legally grandfathered for nonconforming use, it operates as four distinct vacation units, an uncommon setup that offers both stability and flexibility in a high-demand market. What truly sets this property apart is its resort-style outdoor living space. The large private swimming pool with spa is a standout feature—an amenity not commonly found in multifamily properties on the island. Paired with a custom-built thatched-roof tiki hut bar complete with lounge seating, overhead fans, and a TV, this space elevates the guest experience well beyond typical rental offerings. The outdoor kitchen includes a grill, ceramic smoker, gas burner, and sink, creating a true entertaining zone. A separate poolside half bath make it even more guest-friendly. The layout includes two ground-floor poolside villas, one with two bedrooms, two bathrooms, and a full kitchen, the other with three bedrooms, three bathrooms, and a full kitchen. Upstairs, there are two additional 2-bedroom, 2-bath units, one of which features an optional third-bedroom lockout suite with its own bathroom that allows for flexible 2- or 3-bedroom bookings. Laundry facility includes shared by the upper units and each lower level unit has it's own laundry. This quadplex sits in a prime location just south of the bustling north end of the island, offering guests a more laid-back atmosphere while still being within biking distance of Time Square. And it’s not just the property that makes this a smart buy—Fort Myers Beach is on the verge of a major upswing. Following the impact of Hurricane Ian, the island is in the final stages of a large-scale redevelopment effort. Aging structures are being replaced with modern, storm-resilient buildings, infrastructure is being upgraded, and new businesses are opening, bringing fresh energy and long-term investment potential. Demand for vacation rentals is climbing as travelers return to a revitalized, better-than-ever beach town. For an investment-minded buyer, this is more than just a property—it’s a proven income generator positioned in the path of growth, with a unique competitive edge in the vacation rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,564
Year Built
- Built in 1979
Lot Details
- 8,886 Sq Ft Lot
- Irregular Lot
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 2-Story Property
- Single Hung Windows
- Impact Glass
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
Pool
- Heated In Ground Pool
- In Ground Spa
- Screen Enclosure
Outdoor Features
- Patio
- Outdoor Kitchen
- Outdoor Storage
Utilities
- Cooling System Mounted In Outer Wall Opening
- Zoned Heating and Cooling
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 53 / 153
- Assessor Parcel Number 29-46-24-W2-00153.0240
Community Details
Overview
- Cases Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2025 10/04/25 | Off Market | $2,950,000 | -- | -- |
| 10/03/2025 10/03/25 | Price Changed | $2,950,000 | 0.0% | -- |
| 10/03/2025 10/03/25 | For Sale | $2,950,000 | -3.3% | -- |
| 08/01/2025 08/01/25 | Price Changed | $3,050,000 | -4.4% | -- |
| 05/14/2025 05/14/25 | For Sale | $3,190,000 | -- | -- |
About the Listing Agent
Jeff and Tiffany met in college at the University of Florida where they both displayed the drive and success, they put to work every day for their valued customers. Jeff graduated with a Master’s Degree in Finance with a specialization in real estate and Tiffany graduated with high honors and a Master’s Degree in Computer Science.
After college Jeff and Tiffany couldn’t think of a better place to start a family than here in SW Florida. Jeff started his professional career as a loan
Jeff's Other Listings
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225047481
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