198-200 Anchorage ST #200 Active Save Request In-Person Tour Request Virtual Tour
Fort Myers Beach,FL 33931
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Cases
MLS Listing ID 225047481
Style See Remarks
Bedrooms 10
Full Baths 10
Half Baths 1
Year Built 1979
Annual Tax Amount $15,563
Tax Year 2024
Lot Size 8,886 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Lee
Area Fb03 - Gulf Beach Road To Avenid
Zoning TFC2
Interior
Heating Central Electric
Cooling Central Electric,Other,Wall Unit(s),Zoned
Flooring Tile,Vinyl
Exterior
Exterior Feature Outdoor Kitchen,Storage
Pool In Ground,Electric Heat,Screen Enclosure,See Remarks
Community Features None,Non-Gated
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Building
Lot Description Irregular Lot
Story 2
Sewer Central
Water Central
Structure Type See Remarks,Wood Frame
New Construction No
Others
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash