Welcome to this fabulous investment opportunity on Fort Myers Beach. Quad rental home plus 5th unit.
Each unit offers 2 king en suit bedrooms. Plus a private or attached one bed apartment. Total 10 bed 10 baths on property. Huge NEW double lania with NEW luxury pool, spa and tiki hut and pool equipment. Two pool fountain water features. Exterior grilling area. All just a short walk to the white sand beaches and ocean. NEW roof.. Newer appliances, granite kitchen surfaces. All stone and tile bathrooms along with laminate flooring make for a perfect rental. 12 plus spots for parking. Lower units needs hurricane repair. Upper 3 units NO damage. Ready to rent. Exterior pool f1/2 bath. Great opportunity to jump into the rental business with such a large demand for vacation rentals and or annual living opportunities for displaced residents. No open insurance claims. No rent resrticions Under FFEMA 50% rule. Agent cn provide additional phots and videos.
Closed
$1,825,000
198-200 Anchorage St, Fort Myers Beach, FL 33931
4beds
8,780sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$2,362,000 Zestimate®
$208/sqft
$2,457 Estimated rent
Home value
$2,362,000
$2.01M - $2.86M
$2,457/mo
Zestimate® history
Owner options
List your home for rent
$2,457/mo
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$2,457/mo
Rent Zestimate®
Refinance and save
$12,032/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$12,032/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sandra Sue Baker 612-964-8436,
Elite Florida Realty Inc
Bought with:
Jeffrey Burns, 280595636
Premier Sotheby's Int'l Realty
Source: Florida Gulf Coast MLS,MLS#: 223044231
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 10
- Full bathrooms: 10
- 1/2 bathrooms: 1
Heating
- Heat Pump, Window Unit
Cooling
- Ceiling Fan(s), Heat Pump, Wall Unit(s), Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Flooring: Tile, Wood
- Windows: Double Hung, Single Hung, Skylight(s)
- Furnished: Yes
Interior area
- Total structure area: 8,780
- Total interior livable area: 8,780 sqft
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Fence, Outdoor Grill
- Has private pool: Yes
- Pool features: Electric Heat, Heated, In Ground, Screen Enclosure
- Has spa: Yes
- Spa features: Electric Heat, Gunite, In Ground
- Waterfront features: None
Lot
- Size: 8,886 Square Feet
- Dimensions: 94 x 93 x 94 x 93
- Features: Irregular Lot, Multiple lots
Details
- Parcel number: 294624W200153.0240
- Lease amount: $0
- Zoning description: TFC2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Florida,Two Story,See Remarks
- Property subtype: Quadruplex, Multi Family
Materials
- Stone, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Resale
- Year built: 1979
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & HOA
Community
- Condo and coop fee: $0
- Membership fee: $0
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Beach Access, Laundry
Location
- Region: Fort Myers Beach
Financial & listing details
- Price per square foot: $208/sqft
- Annual tax amount: $16,450
- Date on market: 6/14/2023
- Cumulative days on market: 97 days
- Listing terms: All Financing Considered,Cash
- Tenant pays: See Remarks
- Contingency: Inspection
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Listing removed | $2,890,000$329/sqft |
Source:  Florida Gulf Coast MLS #225047481 Report a problem | ||
| 12/1/2025 | Price change | $2,890,000-2%$329/sqft |
Source:  Sanibel And Captiva Island AOR #2250639 Report a problem | ||
| 10/3/2025 | Price change | $2,950,000-3.3%$336/sqft |
Source: Sanibel And Captiva Island AOR #2250639 Report a problem | ||
| 8/1/2025 | Price change | $3,050,000-4.4%$347/sqft |
Source: Sanibel And Captiva Island AOR #2250639 Report a problem | ||
| 5/14/2025 | Listed for sale | $3,190,000+74.8%$363/sqft |
Source: Sanibel And Captiva Island AOR #2250639 Report a problem | ||
| 9/19/2023 | Sold | $1,825,000-6.4%$208/sqft |
Source: Florida Gulf Coast MLS #223044231 Report a problem | ||
| 8/20/2023 | Pending sale | $1,950,000$222/sqft |
Source:  Florida Gulf Coast MLS #223044231 Report a problem | ||
| 8/11/2023 | Price change | $1,950,000-9.3%$222/sqft |
Source: Florida Gulf Coast MLS #223044231 Report a problem | ||
| 6/15/2023 | Listed for sale | $2,150,000$245/sqft |
Source: Florida Gulf Coast MLS #223044231 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33931
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Nearby schools
GreatSchools rating
- 7/10Fort Myers Beach Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Lexington Middle SchoolGrades: 6-8Distance: 3.8 mi
- 5/10Cypress Lake High SchoolGrades: 9-12Distance: 6.9 mi
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$2,362,000
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+$47,240
With Zillow Showcase(estimated)
$2,409,240
- Florida
- Lee County
- Fort Myers Beach
- 33931
- 198-200 Anchorage St
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