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880 Buttonwood Drive , A-E

Fort Myers Beach, FL 33931
  • $1,599,999
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 224024733
UPDATED: 188 min ago
$1,599,999
  • 6
    BEDS
  • 0.22
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Lee

School Ratings & Info

Description

Motivated seller wants an offer. This property is zoned for multifamily development with a maximum of 10 units. The existing structure consists of two 2-bedroom, 1-bathroom units measuring 1225 square feet each, two 1-bedroom, 1-bathroom units measuring 850 square feet each, and one efficiency unit. Additionally, the building includes a laundry facility. The units have been mostly stripped and require finishing touches. Despite this, the building remains sturdy and features a newer roof, making it suitable for restoration or a different purpose. Considering its zoning designation for multifamily use and the surrounding properties, this property presents an excellent opportunity to serve as the anchoring point for your new condo, hotel, or apartment project. As there are neighboring properties that can be acquired along with this one, you have the potential to secure additional space for parking and any other land needs your project may require. Although the property did sustain wind and hurricane damage during Hurricane Ian, it can be repaired and used as a rental property. At the same time, you work on putting together the larger project if you so choose.

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© 2024 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 Jorge Barrera | Premiere Plus Realty. Data last updated 2024-06-15T20:24:17.85.
www.jorgeswflrealtor.com/homes/148565064
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880 Buttonwood Drive , A-E Fort Myers Beach, FL 33931

  • Price: $1,599,999
  • Status: Active
  • On Site: 92 Days
  • Updated: 188 min ago
  • MLS #: 224024733
6
Beds
5
Baths
0
½ Baths
0.22
Acres
1975
Built
Neighborhood:
San Carlos On The Gulf
County:
Lee
Area:
Fb06 - San Carlos Island
Property Description
Motivated seller wants an offer. This property is zoned for multifamily development with a maximum of 10 units. The existing structure consists of two 2-bedroom, 1-bathroom units measuring 1225 square feet each, two 1-bedroom, 1-bathroom units measuring 850 square feet each, and one efficiency unit. Additionally, the building includes a laundry facility. The units have been mostly stripped and require finishing touches. Despite this, the building remains sturdy and features a newer roof, making it suitable for restoration or a different purpose. Considering its zoning designation for multifamily use and the surrounding properties, this property presents an excellent opportunity to serve as the anchoring point for your new condo, hotel, or apartment project. As there are neighboring properties that can be acquired along with this one, you have the potential to secure additional space for parking and any other land needs your project may require. Although the property did sustain wind and hurricane damage during Hurricane Ian, it can be repaired and used as a rental property. At the same time, you work on putting together the larger project if you so choose.
Exterior Features

Architectural Style Two Story Construction Materials BlockConcreteStucco Covered Spaces 0 Exterior Features Privacy Wall Irrigation Source None Levels Two Lot Features Rectangular Lot Lot Size Dimensions 71 x 140 x 71 x 140 Roof Built-UpFlat Structure Type Quadruplex Waterfront Features Lake Waterfront YN Yes

Interior Features

Cooling Other Flooring Other Heating None Window Features Other

Property Features

Association Amenities Beach Rights Association Fee 0 Association Fee2 0 Association Fee3 0 Community Features Gated Development Name SAN CARLOS ON THE GULF Gross Scheduled Income 0 Gulf Access YN 0 Land Lease Amount 0 Listing Terms Cash Net Operating Income 10000 Operating Expense 10000 Pets Allowed Yes Pool Private YN No Potential Short Sale YN Property Condition Resale Property Sub Type Quadruplex Restrictions Road Responsibility Public Maintained Road Sewer Public Sewer Spa YN No Tax Annual Amount 5211.93 Tax Year 2022 Tenant Pays Electricity Utilities Cable Available Water Source Public Zoning Description IL

Listing courtesy of Gulf Coast Realty LLC.


© 2024 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 Jorge Barrera | Premiere Plus Realty. Data last updated 2024-06-15T20:24:17.85.
 
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Jorge Barrera | Premiere Plus Realty
3409 Pelican Landing Pkwy. #1
Bonita Springs FL, 34134