$999,500
 $5,366 est/mo Sourced by Back At You

229 Fairweather Ln,FORT MYERS BEACH, FL 33931

FORT MYERS BEACH, FL 33931

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Description

Turnkey investment opportunity in the heart of Fort Myers Beach! This 4-unit quadruplex offers immediate dual-income strategy: one unit occupied by a steady long-term tenant and three fully furnished units with brand-new decor operating as active weekly short-term rentals. Professionally managed and completely setup for seamless operations. Each 1BD/1BA unit features open living spaces, full kitchens, and low-maintenance ceramic tile flooring. Updated systems, on-site laundry, dedicated off-street parking, and a lush backyard patio complete this high-performing coastal asset. Located just steps from the Gulf's white sand beaches, popular local dining, vibrant shopping, and coastal entertainment, this multi-family asset is ready to generate income from day one. Whether expanding your rental portfolio or seeking a turnkey income producer on the island, 229 Fairweather Ln delivers location, quality, and flexible cash flow potential.

Details

MLS #226031142
Listing TypeFor Sale
StyleFourplex
Sub-TypeResale
StatusActive
Year1965
Days On Site16
Listing Provided ByMonarch Collective Realty Inc. | Nate Zimmer

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet1,840
Units4
ZoningRM-2
Acreage0.10
Water FrontYes

Interior

Cooling Yes / NoYes
CoolingWall Unit(s), Window Unit(s)
Heating Yes / NoYes
HeatingOther
Fireplace Yes / NoNo
Laundry FeaturesCommon Area

Exterior

RoofBuilt-Up
Construction MaterialsStucco
Lot FeaturesRegular

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount8461.34
Tax BlockC
Tax Legal DescriptionBEACH ESTATES BLK C PB 6 PG 68 LOT 20 LESS ELY 11 FT OR 227 PG 410
Tax Year2025

Area Information

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaBEACH ESTATES
Community NameBEACH ESTATES
Listing VS Median (in BEACH ESTATES)
Price:
$999,500
low | high
Med:
$837,250
66.233116558279% of Average
sqft:
1,840
low | high
Med:
1,480
69.565217391304% of Average
$ / sqft:
$543
low | high
Med:
$573
44.525834345744% of Average
On site:
16
low | high
Med:
56.5
28.318584070796% of Average
Sourced by Back At You

Market Activity 33931

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Learn More About This Property

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaBEACH ESTATES
Community NameBEACH ESTATES
Listing VS Median (in BEACH ESTATES)
Price:
$999,500
low | high
Med:
$837,250
66.233116558279% of Average
sqft:
1,840
low | high
Med:
1,480
69.565217391304% of Average
$ / sqft:
$543
low | high
Med:
$573
44.525834345744% of Average
On site:
16
low | high
Med:
56.5
28.318584070796% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $749K - $1.249M
sqft: 1,000 - 2,000
Listing Updated: August 28, 2026 at 12:15:05 PM PDT