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269 Driftwood Lane

Fort Myers Beach, FL 33931
  • $1,895,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: 221084396
UPDATED: 38 min ago
$1,895,000
  • 5
    BEDS
  • 0.35
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Lee

School Ratings & Info

Description

Endless opportunities await you at 269 Driftwood . This double lot zoned for multifamily already has a quadplex on it with 3 of the units in a weekly rental program. This Gulf Access Canal home sits 1 lot back from the bay and has a total of 140 on the canal. Here's an idea -- split the lots and build a brand new single family home and sell it to help cover your initial investment, whether you keep the quadplex or duplicate and repeat with another new construction home is up to you. A completely new sea wall was constructed in October of 2020. The old sea wall was totally removed and new sea wall panels, new tie backs and new Sea Wall Cap were installed. The new sea wall was constructed with another 12 inches of elevation above the previous sea wall with Helical anchor tie backs strategically placed so pools built could be placed as close to the sea wall as legally allowed. In addition to the new sea wall a new 10,000 lb. boat lift with a 30 canopy, a 1000 lb. personal watercraft lift and a 23 x 12.5 dock was installed on lot 17. Also, 4 10 pilings and 3 approach pilings were prepositioned for a future 10,000 lb. boat lift on lot 16. Come and discover Fort Myers Beach ....

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© 2022 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or We Talk SWFL | Current Coastal Realty. Data last updated 2022-01-23T12:29:19.003.
www.wetalkswfl.com/homes/123970740
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269 Driftwood Lane Fort Myers Beach, FL 33931

  • Price: $1,895,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 38 min ago
  • ID#: 221084396
5
Beds
4
Baths
1
½ Baths
0.35
Acres
1953
Built
Neighborhood:
Flamingo Park
County:
Lee
Area:
Fb04 - Avenida Pescadora To S.Bd
Property Description
Endless opportunities await you at 269 Driftwood . This double lot zoned for multifamily already has a quadplex on it with 3 of the units in a weekly rental program. This Gulf Access Canal home sits 1 lot back from the bay and has a total of 140 on the canal. Here's an idea -- split the lots and build a brand new single family home and sell it to help cover your initial investment, whether you keep the quadplex or duplicate and repeat with another new construction home is up to you. A completely new sea wall was constructed in October of 2020. The old sea wall was totally removed and new sea wall panels, new tie backs and new Sea Wall Cap were installed. The new sea wall was constructed with another 12 inches of elevation above the previous sea wall with Helical anchor tie backs strategically placed so pools built could be placed as close to the sea wall as legally allowed. In addition to the new sea wall a new 10,000 lb. boat lift with a 30 canopy, a 1000 lb. personal watercraft lift and a 23 x 12.5 dock was installed on lot 17. Also, 4 10 pilings and 3 approach pilings were prepositioned for a future 10,000 lb. boat lift on lot 16. Come and discover Fort Myers Beach ....
Exterior Features

Architectural Style Multi-Level Construction Materials Aluminum SidingWood Frame Covered Spaces 0 Exterior Features Room For Pool Irrigation Source Included in Assessment Lot Features Oversized LotSee Remarks Lot Size Dimensions 140 X 111 X 140 X 109 Roof Built-UpFlat Structure Type Quadruplex Waterfront Features Canal Access Waterfront YN Yes

Interior Features

Cooling Central AirElectricWall Unit(S) Flooring CarpetTile Heating CentralElectricWall Furnace Window Features Double HungJalousie

Property Features

Association Amenities See Remarks Community Features Non-Gated Development Name FLAMINGO PARK Gross Scheduled Income 55000 Gulf Access YN 1 Hoa Fee 0 Land Lease Amount 0 Listing Terms All Financing ConsideredCash Master Hoa Fee 0 Net Operating Income 43000 Operating Expense 12000 Pets Allowed Yes Pool Private YN No Potential Short Sale YN N Property Condition Resale Property Sub Type Quadruplex Restrictions Sewer Assessment Paid Spa YN No Tax Annual Amount 9852 Tax Block C Tax Lot 17 Tax Year 2020 Tenant Pays See Remarks Water Source Assessment Paid Zoning Description Mh-2

Listing courtesy of Logan Shea of John R. Wood Properties.


© 2022 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or We Talk SWFL | Current Coastal Realty. Data last updated 2022-01-23T12:29:19.003.
 
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7841 Buccaneer Dr
Fort Myers Beach FL, 33931