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198-200 Anchorage Street 200, Fort Myers Beach, FL 33931

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For Sale

$3,190,000

10 beds • 10 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 41-50 Years Old
    Age

Explore this Property

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.
MLS# 225047481

Courtesy Of Premier Sotheby's Int'l Realty

(239) 472-2735

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Patio, Cable Ready
  • Architecture Style
    Other
  • Floor Covering
    Tile, Vinyl
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 198-200 Anchorage Street 200, Fort Myers Beach, FL 33931

Home seller CENTURY 21 SUNBELT REALTY

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 SUNBELT REALTY

(239) 561-5645
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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