$1,450,000
$249K PRICE DROP

Estimated payment $8,047/month

Total Views 11,894
6 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Community Beach Access
  • Jalousie or louvered window
  • Tile Flooring
  • Fort Myers Beach Elementary School Rated A-
  • Outdoor Shower
  • Central Heating and Cooling System

About This Home

Rarely offered 4-unit QUAD in the weekly rental zone — Sun, Surf, Sea & Sand — a cash-flowing, canal-view property designed for strong returns and steady demand! This is more than real estate — it’s a branded experience. 423 Lazy Way is a fully turnkey 4-unit property in Fort Myers Beach’s coveted weekly vacation rental zone, where each residence carries its own identity: Sun, Surf, Sea, and Sand. Guests love the character, investors love the returns, and together they create a property that stands out in one of the island’s hottest markets. With six bedrooms and six full baths across four distinct units, this canal-view gem blends lifestyle and income like no other. Upstairs, spacious residences open to covered balconies with tranquil water views. Downstairs, the coastal charm continues with inviting porches and a relaxed vibe that keeps guests coming back year after year. Along the canal, dolphin and manatee sightings only add to the magic. Meticulously maintained and upgraded — including a new roof (2023), new water heaters, and mini-split AC systems — the property is primed for long-term performance. Add in private parking, shared laundry, high-speed Wi-Fi, and smart TVs, and it’s truly turnkey from day one. 423 Lazy Way isn’t just Sun, Surf, Sea & Sand. It’s a rare chance to own one of Fort Myers Beach’s most intriguing income assets — where lifestyle and ROI come together unforgettably.

Listing Agent

Alex King

Premiere Plus Realty Company License #BEAR-3251534 Listed on: 01/14/2025

Premiere Plus Realty Company

Co-Listing Agent

Dennis Wagaman

Premiere Plus Realty Company License #BEAR-3433847

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 1974

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions: 80
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Double Hung Windows

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Pool

  • Outdoor Shower

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 33-46-24-W2-00001.005B
  • Tax Block 1

Community Details

Overview

  • 4 Units
  • Lazy Acres Ranchettes Unrec Subdivision Condos
  • Lazy Acres Ranchettes Unrec Subdivision Community

Amenities

  • Laundry Facilities

Recreation

  • Community Beach Access

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,666

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Legal Description: FR NW COR OF GL 2 RUN S 100 FT TH E 75 FT TO POB TH CONT E 75 FT TH S 80 FT
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.432785$-81.912378$241.89$13.33$1.00$CAoSLEFGMVFpcE9LRzU2VzAxSmtyN0o5ZFRUVmdOWDNJWTZqWWVwVGFyeG1NUXND
  • Building Design: Quadraplex
  • Building Description: 2 Story, Other
  • Year Built: 1974
  • Property Information: Rarely offered 4-unit QUAD in the weekly rental zone — Sun, Surf, Sea & Sand — a cash-flowing, canal-view property designed for strong returns and steady demand! This is more than real estate — it’s a branded experience. 423 Lazy Way is a fully turnkey 4-unit property in Fort Myers Beach’s coveted weekly vacation rental zone, where each residence carries its own identity: Sun, Surf, Sea, and Sand. Guests love the character, investors love the returns, and together they create a property that stands out in one of the island’s hottest markets. With six bedrooms and six full baths across four distinct units, this canal-view gem blends lifestyle and income like no other. Upstairs, spacious residences open to covered balconies with tranquil water views. Downstairs, the coastal charm continues with inviting porches and a relaxed vibe that keeps guests coming back year after year. Along the canal, dolphin and manatee sightings only add to the magic. Meticulously maintained and upgraded — including a new roof (2023), new water heaters, and mini-split AC systems — the property is primed for long-term performance. Add in private parking, shared laundry, high-speed Wi-Fi, and smart TVs, and it’s truly turnkey from day one. 423 Lazy Way isn’t just Sun, Surf, Sea & Sand. It’s a rare chance to own one of Fort Myers Beach’s most intriguing income assets — where lifestyle and ROI come together unforgettably.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Flooring: Tile, Vinyl
  • Windows: Double Hung, Jalousie

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Wood Frame
  • Road: County Maintained, Paved Road, Public Road
  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding

Utilities

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

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lazy Acres Ranchettes Unrec Subdivision
  • Golf Type: No Golf Available
  • Amenities: Beach Access, Common Laundry
  • Community Type: Non-Gated
  • Units In Building: 4

Condo/Co-op/Association

  • Sub Condo Name: LAZY ACRES RANCHETTES UNREC SUBDIVISION
  • Development Name: LAZY ACRES RANCHETTES UNREC SUBDIVISION

Lot Info

  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 75
  • Lot Right: 75
  • Lot Unit: 5B
  • Section: 33
  • Waterfront: No
  • Zoning Code: TFC2
  • Acres: 0.1380
  • Lot Description: Across From Waterfront, Regular
  • Lot Dimensions: 80 X 75
  • Parcel Number: 33-46-24-W2-00001.005B

Tax Info

  • Tax Description: County Only
  • Taxes: 4666.15
  • Tax Year: 2023

Multi Family

  • Unit Count: 4
  • Total Buildings: 1

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 Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $1,450,000 -2.9% --
04/19/2025 04/19/25 Price Changed $1,494,000 -6.6% --
03/13/2025 03/13/25 Price Changed $1,599,000 -5.9% --
01/14/2025 01/14/25 For Sale $1,699,000 +139.3% --
07/21/2020 07/21/20 Sold $710,000 -1.1% $286 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $718,000 +68.3% $290 / Sq Ft
04/29/2019 04/29/19 Sold $426,550 -5.0% $194 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $449,000 -- $204 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

About the Listing Agent

Alex King

Premiere Plus Realty Company

(239) 610-9406

Section Image

Alex King Group (12 Local Agents) of Premiere Plus Realty are EXPERTS in SWFL’s REAL ESTATE Market and Lifestyle. In addition to being EXPERTS in buying and selling Single-family homes, Multifamily and Rental properties, Fixer-uppers, and Foreclosures, They are also a resource for our clients on an array of topics such as NEW CONSTRUCTION, Floorplans & Builder selections; FEMA 50% Remodeling in SWFL, Rental zoning, Rental Agencies & ProFormas; Gulf Access setbacks, CCL Lines, Turtle lights,

Alex's Other Listings

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    • 4 Baths
    • 3,010 Sq Ft
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    The Ultimate Beach & Boater’s Retreat — Welcome to 2 Avenida Carita, where waterfront living, entertainment, and thoughtful design meet in one remarkable property. Just a short walk to the sandy shores of Fort Myers Beach, this fully furnished canal-front home is built for comfort, fun, and peace of mind.What sets this home apart is its rare dual-living design, offering two complete and

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  • 307 Lazy Way, Fort Myers Beach, FL 33931

    $995,400

    • 4 Beds
    • 3 Baths
    • 1,704 Sq Ft
    • 307 Lazy Way
    • Fort Myers Beach, FL

    Coastal-Dream Retreat: Nestled in the heart of Fort Myers Beach, this charming multi-family home offers the perfect blend of coastal charm on the highly sought-after weekly rental street. With two separate units—an upstairs 2-bedroom, 1-bathroom and a downstairs 2-bedroom, 2-bathroom—this retreat is just a short stroll to the sugar-white sands and turquoise waters of the Gulf. Surrounded by

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  • 210 Dakota Ave, Fort Myers Beach, FL 33931

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    • 1,160 Sq Ft
    • 210 Dakota Ave
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  • 5440 Palmetto St, Fort Myers Beach, FL 33931

    $2,200,000

    • 6 Beds
    • 5 Baths
    • 2,934 Sq Ft
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    Unlock the ultimate combination of coastal living and income potential with this beautifully updated 6-bedroom, 5-bath beachside retreat, located just a short stroll from the Gulf shoreline!This versatile two-level home is zoned for WEEKLY RENTALS, making it a perfect investment opportunity—or enjoy it as your personal beach haven. Use it as a single-family home or operate it as a duplex with

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  • 5551 Estero Blvd, Fort Myers Beach, FL 33931

    $874,500

    • Land
    • 0.19 Acre
    • $4,602,632 per Acre
    • 5551 Estero Blvd
    • Fort Myers Beach, FL

    Positioned on a 69' x 125' cleared lot, this property offers unmatched potential in the heart of Fort Myers Beach. With zoning for weekly/short-term rentals, it’s perfectly suited for a high-demand vacation rental, luxury residence, or investment project.Located just steps from the beach and a few blocks south of Publix, this site delivers incredible exposure, walkability, and Gulf

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  • 5557 Estero Blvd, Fort Myers Beach, FL 33931

    $1,200,000

    • 3 Beds
    • 4 Baths
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    • 5557 Estero Blvd
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    Elevated and beautifully maintained, this spacious 3-bedroom, 4-bathroom home offers the ultimate blend of comfort, flexibility, and prime location. A full bathroom on the ground level enhances convenience for guests and poolside living. The expansive lot—measuring 90 feet wide by 125 feet deep—features a stunning private pool with a paved deck, perfect for relaxing or entertaining.Zoned

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  • 5525 Estero Blvd, Fort Myers Beach, FL 33931

    $675,000

    • Land
    • 0.12 Acre
    • $5,625,000 per Acre
    • 5525 Estero Blvd
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    Welcome to 5525 Estero Boulevard—a rare chance to own in the hottest redevelopment zone in Florida. GULF VIEWS from this approx. 45' x 125' vacant residential lot sitting along Fort Myers Beach’s iconic main corridor and offers a front-row seat to the island’s dramatic transformation. ELEVATED LIVING with SUNSETS GALORE! Just a short stroll to the sand via Beach Access #16 (Dakota Avenue), this

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  • 5421 / 5425 Estero Blvd, Fort Myers Beach, FL 33931

    $675,000

    • Land
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    • $5,625,000 per Acre
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    STEPS TO THE BEACH WITH ROOM TO BUILD YOUR OWN PRIVATE RETREAT! Measuring approximately 45 feet wide by 125 feet deep, this parcel is ideally situated just a short walk to Beach Access #16 at Dakota Avenue in one of Fort Myers Beach’s most walkable mid-island locations. Zoned Residential Multifamily (RM), it offers flexibility for single-family or duplex construction (subject to town regulations)

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  • 5630 Williams Dr, Fort Myers Beach, FL 33931

    $1,794,499

    • 3 Beds
    • 2 Baths
    • 2,363 Sq Ft
    • 5630 Williams Dr
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    This OVERSIZED Waterfront LOT offers DIRECT GULF ACCESS on the prestigious Estero Bay Aquatic Preserve. 11,230 SQ FT with 95 FT of Bay Frontage and 155 FT Depth is an idyllic Location to BUILD NEW ELEVATED 2 STORY OR 3 STORY BAY FRONT HOME. A perfect setting to watch the dolphins and manatees play from your very own dock. PARADISE AWAITS!! BIG BOATERS BAYFRONT DREAM! Get lost in your own

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Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 225005291

Multiple Listing Service of Bonita Springs-Estero