$2,950,000
$240K PRICE DROP

198 Anchorage St Unit 200 Fort Myers Beach, FL 33931

Estimated payment $16,738/month

Total Views 14,256
10 Beds
10.5 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Jeff Burns

Premier Sotheby's Int'l Realty License #280595636 Listed on: 05/14/2025

Premier Sotheby's Int'l Realty

Co-Listing Agent

Tiffany Burns

Premier Sotheby's Int'l Realty License #280596748

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,564

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.204
  • Co List Office Mls Id: FPSI
  • Co List Office Phone: 239-472-2735
  • Subdivision Name: CASES
  • Architectural Style: Two Story, See Remarks
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built: 1979
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Spa Features: In Ground, See Remarks, Screened
  • Private Spa: Yes
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Flooring: Tile, Vinyl
  • Window Features: Impact Glass, Single Hung

Exterior Features

  • Lot Features: Irregular Lot
  • Pool Features: Electric Heat, Heated, In Ground, Screen Enclosure, See Remarks
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks, Wood Frame
  • Exterior Features: Outdoor Kitchen, Patio, Storage
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric, Other, Wall Unit(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 29-46-24-W2-00153.0240
  • Zoning Description: TFC2

Rental Info

  • Tenant Pays: See Remarks

Tax Info

  • Tax Annual Amount: 15563.78
  • Tax Block: 153
  • Tax Lot: 53
  • Tax Year: 2024

Map

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 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 -- --
Source: Florida Gulf Coast Multiple Listing Service

About the Listing Agent

Jeff Burns

Premier Sotheby's Int'l Realty

(239) 457-1166

Section Image

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

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    Step into a truly extraordinary offering, this unit can also be purchased along with the neighboring unit (204) offering an unprecedented chance to craft a custom, top-floor four-bedroom, four-bath penthouse encompassing nearly 2,000 square feet of refined living space. Perfectly positioned in a brand new, state-of-the-art building engineered to meet the challenges of future storms, this is more

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  • 979 E Gulf Dr Unit D441, Sanibel, FL 33957

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225047481

Florida Gulf Coast Multiple Listing Service