113-119 Fairweather Lane

Fort Myers Beach, FL 33931

$1,199,000
Price
4
Beds
4
Baths
2,240 Sq. Ft.
$535 / Sq. Ft.
2,240
Sq. Ft.
$535
per Sq. Ft.

Description

Quadplex income producing property ready to be remodeled! Great as a short term rental, air BnB, etc. Each efficiency unit has enough room for full kitchen, 2 queen beds, &/or king bed and couch. Units were previously rented for short term rental weekly and monthly. This quadplex has screened in front lanais, rear porches which used to be bedrooms and potentially can be rebuilt. Ask agent for contractor proposal. Electric has been renewed. Plenty of rear yard space for shed, patio, or even a pool....Quadplex income producing property ready to be remodeled! Great as a short term rental, air BnB, etc. Each efficiency unit has enough room for full kitchen, 2 queen beds, &/or king bed and couch. Units were previously rented for short term rental weekly and monthly. This quadplex has screened in front lanais, rear porches which used to be bedrooms and potentially can be rebuilt. Ask agent for contractor proposal. Electric has been renewed. Plenty of rear yard space for shed, patio, or even a pool. Option B would be tear down and build from scratch.
  1. Listed by Daniel Clarkston • DomainRealty.com LLC

Property Details for 113-119 Fairweather Lane

Development
BEACH ESTATES
Building Design
Duplex
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 08/15/2024 09:34 AM

Property Details for 113-119 Fairweather Lane

StatusActive
MLS #223060434
Days on Market461
Taxes$8,741 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.23 AC / 10,001 SF
CountyLee County

Building Information for 113-119 Fairweather Lane

Stories-Residences4Year Built1957Building Size-Lot Size0.23 AC / 10,001 SF

Property Information for 113-119 Fairweather Lane

Summary
Location and General Information
  • City: FORT MYERS BEACH
  • Human Modified: Yes
  • Latitude: 26.45
  • Longitude: -81.95
  • MLS Area Major: FB02 - Crescent Street to Gulf B
  • Pets: No Approval Needed
  • Postal Code: 33931
  • Street Name: Fairweather
  • Street Number: 113-119
  • Street Number Modifier: 113
  • Street Suffix: LN
  • Block: C
  • Full Address: 113-119 Fairweather LN
Parking
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Garage: No
Taxes and HOA Information
  • Additional Parcels: No
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Condo Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $8,741.20
  • Tax Year: 2022
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Building Area Units: Square Feet
  • Development Name: BEACH ESTATES
  • Parcel Number: 19-46-24-W3-0110C.0040
  • Property Type: Residential Income
  • Section: 19
  • Lot Unit: 4
  • Living Area Units: Square Feet
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Oversized Lot
  • Acres: 0.2296
  • Lot Size Area: 0.2296
  • Lot Size Dimensions: 100 x 107 x 100 x 104
  • Source of Measurements: Appraiser
  • Land Sq Ft: 10001.0
  • Lot Size Units: Acres
  • Legal Desc: BEACH ESTATES BLK.C PB 6 PG 68 LOTS 4 + 5
Property and Assessments
  • Total Area: 2240.0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 46
  • Senior Community: false
  • Range: 24
  • Special Assessment: 0.00
  • Sub Condo Name: BEACH ESTATES
  • Year Built Numeric: 1957
  • Property Sub Type Additional: Duplex, Quadruplex
  • Zoning Code: RM-2
Lease Information
  • Land Lease Fee: $.00
  • Lease Term: Buyer Finance/Cash, CASH ONLY, Exchange, Seller Pay Closing Costs
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $260,000.00
  • Annual Net Operating Income: $195,000.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 4
  • Annual Expenses: $65,000.00
  • Other Fee: $.00
  • Units in Building: 4
Unit 1 Information
  • Monthly Gross Income: $5,416.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 5416
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 560.0
Unit 2 Information
  • Monthly Gross Income: $5,416.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 5416
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 560.0
Unit 3 Information
  • Monthly Gross Income: $5,416.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 5416
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 560.0
Unit 4 Information
  • Monthly Gross Income: $5,416.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 5416
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 560.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Duplex
  • Association Amenities: None
  • Boat Access: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None
  • Exterior Features: None
  • Foundation Details: Concrete Block
  • Irrigation Source: Includedin Assessment
  • Private Pool: No
  • Roof: Built Up, Flat
  • Structure Type: Quadruplex, Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4.0
  • Beds Total: 4
  • Cooling: None
  • Cooling: No
  • Elevator Text Details: None
  • Fireplace: No
  • Flooring: Terrazzo
  • Heating: None
  • Heating: No
  • Interior Features: Other
  • Window Features: Other
Rental
Rental Information
  • HorseYN: No
  • One Time Rec Lease Fee: $.00

Property History for 113-119 Fairweather Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 113-119 Fairweather Lane

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Fort Myers Beach Elementary School
PublicPK to 5

Cypress Lake Middle School
Public6 to 8

Three Oaks Middle School
Public6 to 8

Bonita Springs Middle Center For The Arts
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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113-119 Fairweather Lane is a multi-family home for sale in Fort Myers Beach, FL 33931. This property was listed for sale on August 20, 2023 by DomainRealty.com LLC, it's currently listed at $1,199,000. It has been on the market for a total of 461 days and was last sold on June 10, 2019. This listing's school district is Lee. Nearby schools include Fort Myers Beach Elementary School, Cypress Lake Middle School and Three Oaks Middle School. 113-119 Fairweather Lane is a 4-bed, 4-bath, 2,240 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DomainRealty.com LLC, Daniel Clarkston

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