218 Primo Dr - Apartments FOR SALE


Fort Myers Beach, FL 33931
$2,750,000 USD
239-940-7749
218 Primo Dr, Fort Myers Beach, FL for Sale
$2,750,000 USD
Apartments - FOR SALE
1/58
null | 5.25% Cap Rate

218 Primo Dr
Fort Myers Beach, FL 33931


HIGHLIGHTS

  • Pristine WEEKLY VACATION RENTAL SUPLEX in the heart of the island!

OVERVIEW

Welcome to the most coveted duplex on Primo Drive, an exceptional WEEKLY VACATION RENTAL investment opportunity! Located in the heart of the island’s vibrant and popular North End, this 4-bedroom, 3.5-bath canal-front property combines luxury and convenience. With SELLER FINANCING AVAILABLE, this isn't just a home; it's a smart investment. Perfectly situated, you're within walking distance of Fort Myers Beach's top attractions, including the beach, Times Square, the Pier, recently opened Margaritaville Resort and a variety of shops, restaurants, and entertainment venues. Inside, the property has been fully remodeled with new kitchens and baths, luxury vinyl plank flooring, and impact-rated windows and doors. The interiors are designed with coastal elegance in mind, featuring new furnishings, plantation shutters, and tasteful décor. Outside, you'll find new pavers on the walkways and patio, surrounded by lush tropical native Florida landscaping. The beautifully refinished pool and spa are the focal points of the outdoor space, complemented by an upstairs balcony and a spacious covered downstairs seating area. Every detail, from composite decking materials to stair treads, has been selected for durability and style. Additionally, the property includes a boat house with a seating deck offering impressive canal and bay views. Recognized by the Town as a legal duplex with all work properly permitted, this property ensures peace of mind for the new owner. This canal front nugget offers excellent rental returns while giving you the freedom to enjoy the property whenever you wish!

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$1,037 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,375,000

CAP RATE

5.25%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

19-46-24-W4-0060H.0120

ASK ABOUT THIS PROPERTY

Dennis WagamanAlex King GroupMore Info
239-940-7749

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Dennis WagamanAlex King GroupMore Info
239-940-7749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.