$1,850,000
$250K PRICE DROP

253 Tropical Shore Way Unit 255 Fort Myers Beach, FL 33931

Estimated payment $10,912/month

Total Views 3,143
6 Beds
6 Baths
3,560 Sq Ft
$520 Price per Sq Ft

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Fort Myers Beach Elementary School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

Welcome to an unparalleled vacation rental investment opportunity! This fully stocked, turnkey, professionally decorated direct gulf access waterfront duplex is just a walk from the beach and presents a prime prospect for those seeking a lucrative income-generating property! Comprising two distinct units with 3,560sqft, this investment allows for remarkable flexibility—rent both units or reside in one while renting out the other. With accommodations for over 16 guests, this property is designed for both relaxation and adventure.

Enhancing the vacation experience, the property is just a minutes stroll from the beach & fully stocked to include bikes, kayaks, and everything one would need to relax or explore on vacation! There's also a private pool, perfect for unwinding after a day spent exploring the area's numerous attractions. Each unit boasts private balconies that offer stunning views, inviting guests to savor the serene waterfront ambiance. Additionally, the boat dock and complimentary kayaks provide guests with the opportunity to navigate the beautiful waters and enjoy the scenic surroundings.

Rest assured, this duplex has undergone a comprehensive renovation featuring a new metal roof and impact windows and doors for optimal safety and security!

Seize this chance to secure your piece of paradise on Fort Myers Beach. With its turnkey condition and desirable amenities, this duplex is poised to attract a steady influx of vacationers, promising a rewarding return on investment. Don’t miss out on this exceptional opportunity!

Listing Agent

Lauren Stock

Royal Shell Real Estate, Inc. License #510001256 Listed on: 11/22/2024

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 1980

Lot Details

  • 8,015 Sq Ft Lot
  • Lot Dimensions are 70 x 108 x 70 x 108
  • Home fronts a seawall
  • Cul-De-Sac
  • Fenced

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Impact Glass

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Canal Access
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 23 / 451
  • Assessor Parcel Number 19-46-24-W3-00451.0230

Community Details

Overview

  • 2 Units
  • Hills T.P. Subdivision

Recreation

  • Boat Dock
  • Pier or Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,398

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.184
  • Lot Size: 70 x 108 x 70 x 108
  • Subdivision Name: HILLS T.P.
  • Architectural Style: Two Story, Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Pets No Pets Comments: ,,,
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Flooring: Vinyl
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: Electric Heat, Heated, In Ground
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco, Vinyl Siding, Wood Frame
  • Exterior Features: Deck, Fence, Patio
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: Pier
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 19-46-24-W3-00451.0230
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Janitorial Service

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9398.41
  • Tax Block: 451
  • Tax Lot: 23
  • Tax Year: 2023

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

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 $9,398 $946,646 -- --
2023 $9,398 $637,110 $637,100 $10
2022 $14,807 $1,021,739 $475,435 $546,304
2021 $10,454 $693,755 $466,445 $227,310
2020 $11,573 $914,083 $385,440 $528,643
2019 $9,099 $583,014 $385,440 $197,574
2018 $8,882 $575,743 $385,440 $190,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Price Changed $1,850,000 -5.1% $520 / Sq Ft
01/08/2025 01/08/25 Price Changed $1,950,000 -7.1% $548 / Sq Ft
11/22/2024 11/22/24 For Sale $2,100,000 -- $590 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,100,000 Accent Title
Warranty Deed $1,060,000 Security Ttl & Abstract Llc
Warranty Deed $800,000 Winged Foot Title Llc
Warranty Deed $598,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,680,000 New Conventional
Previous Owner $795,000 New Conventional
Previous Owner $392,500 Commercial
Previous Owner $400,000 Commercial
Previous Owner $400,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224095055

Florida Gulf Coast Multiple Listing Service

APN: 19-46-24-W3-00451.0230