2870 Estero Boulevard, Fort Myers Beach, FL 33931

$1,800,000
List Price
$1,800,000
MLS#
SWFL-220047841
Status
ACTIVE
County
Lee
City
Fort Myers Beach
Acres
0.14

Property Description

This beautiful Motel on Fort Myers Beach is one of a kind. The grandfathered in Motel allowes daily rental and therefore is one of the only ones on the market on Fort Myers Beach. The Hotel has 9 rooms grossing about $180.000 a year with lots of room for more with better management. Direct beach access only 30ft from the house. Some rooms have water view. The little Tikibar gives guests a place to grill and to enjoy the outdoors. Current owners will transform it into a Condominium over the next 12 months and plan to sell each unit individually. Units sales price will range from 175-265k. Buy in now and keep it as a motel or follow the route of transition and own your very own condominium building!

Additional Information

Days on Market
8
Year Built
1955
Style
Low Rise
Stories
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Company.

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