1051 THIRD ST Fort Myers Beach, FL 33931

$2,650,000
1051 THIRD ST, Fort Myers Beach, FL 33931
218027927

Commercial Property for sale in Fort Myers Beach, FL

for $2,650,000. This 12,638 square foot building was built in 1941 on a lot size of 0.4200 Acre(s).

Property Information

  • $2,650,000
  • Commercial
  • 12,638 Square Feet
  • Taxes are $5,531
  • 5+ Family
  • Active
  • 3 Floors
  • Lot size of 0.4200 Acre(s)
  • Built in 1941
  • Fort Myers Beach, FL
  • Lee County
  • MLS/Web ID is 218027927

 Virtual Tour

Description

Footsteps away from the white powdery soft sands of the Gulf and the brand new Margaritaville on Ft Myers Beach resort scheduled to start building Dec 1st 2018. An exotic Key West BED AND BREAKFAST colorful bungalow feel, this money making property is located in the downtown area of Ft Myers Beach! More than 20 restaurants & bars, surf shops, fishing piers, jet ski and parasailing adventures within arms length. Owners retiring, this is a perfect opportunity for an investor! This unit sits on two parcels of land, one of which is a corner lot. Views of 3 bodies of water from the third floor units. The second PID# included in this sale is 24-46-23-W3-00 . $225, 119 is GOI for 2017 on 7 units. There are 3 additional units the owners are using which could bring GOI up to $321, 662. Multi family 10 or less units. THIS IS A TURN KEY!!!! Owner financing with $1 Million down.

Miscellaneous 1

Utilities

  • Electric
  • Other
  • Phone Line Available
  • Water

† Excluded Feature

Listed By

Broker: ISLAND LIFE REALTY LLC

1051 THIRD ST, Fort Myers Beach, FL, 33931 is a Commercial Property for sale at $2,650,000 with 12,638 sqft and a lot size of 0.4200 Acre(s). 1051 THIRD ST has 0.0 baths and was built in 1941. The property's zip code is 33931 which is in Fort Myers Beach, FL

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Pricing History

Date Price Price Change Description
5/10/2018 $2,650,000 -8.62 % Price Change
4/14/2018 $2,900,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Fort Myers Beach $722,832 73 % below $520,000 80 % below
Commerical listings in Fort Myers Beach $2,436,500 8 % below $1,621,500 39 % below

Get the facts about Fort Myers Beach, FL!

Population 6,310
Population Growth (since 2000) -3 %
Median Income $55,839
Median Age 66.18
Households w/ Children 6 %

Residential Dwellings

  • Owned 2610
  • Vacant 4930
  • Rented 850

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or Call us at 1-800-839-1363