Skip main navigation
Sold for $1,200,000
  • $1,200,000

    423 Lazy Way, FORT MYERS BEACH, FL 33931

    6beds
    3,160sqft
    Quadruplex
    Built in 1974
    -- sqft lot
    $1,195,900 Zestimate®
    $380/sqft
    $3,009 Estimated rent

    Home value

    $1,195,900

    $1.06M - $1.34M

    $3,009/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,009/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,009/mo

    Rent Zestimate®

    Refinance and save

    $7,843/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $7,843/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Inviting porchesSpacious residencesPrivate parkingHigh-speed wi-fiShared laundryCanal-view propertySmart tvs
    Rarely offered 4-unit QUAD in the weekly rental zone — Sun, Surf, Sea & Sand — a cash-flowing, canal-view property designed for strong returns and steady demand! This is more than real estate — it’s a branded experience. 423 Lazy Way is a fully turnkey 4-unit property in Fort Myers Beach’s coveted weekly vacation rental zone, where each residence carries its own identity: Sun, Surf, Sea, and Sand. Guests love the character, investors love the returns, and together they create a property that stands out in one of the island’s hottest markets. With six bedrooms and six full baths across four distinct units, this canal-view gem blends lifestyle and income like no other. Upstairs, spacious residences open to covered balconies with tranquil water views. Downstairs, the coastal charm continues with inviting porches and a relaxed vibe that keeps guests coming back year after year. Along the canal, dolphin and manatee sightings only add to the magic. Meticulously maintained and upgraded — including a new roof (2023), new water heaters, and mini-split AC systems — the property is primed for long-term performance. Add in private parking, shared laundry, high-speed Wi-Fi, and smart TVs, and it’s truly turnkey from day one. 423 Lazy Way isn’t just Sun, Surf, Sea & Sand. It’s a rare chance to own one of Fort Myers Beach’s most intriguing income assets — where lifestyle and ROI come together unforgettably.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dennis Wagaman 239-940-7749,

    Realty One Group MVP

    Bought with:

    Amanda Palmer

    Epique Realty Inc.

    Source: SWFLMLS,MLS#: 225083358MLS LogoOriginating MLS: Bonita Springs

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,160 sqft

    Property

    Features
    • Levels: Two
    • Exterior features: Outdoor Shower
    • Waterfront features: None
    Lot
    • Size: 6,011 Square Feet
    • Features: Regular
    Details
    • Parcel number: 334624W200001.005B
    • Zoning: TFC2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Water: Central

    Community & HOA

    Community
    • Features: Non-Gated
    • Subdivision: LAZY ACRES RANCHETTES UNREC SUBDIVISION
    HOA
    • Amenities included: Beach Access, Common Laundry
    Location
    • Region: Fort Myers Beach

    Financial & listing details

    • Price per square foot: $380/sqft
    • Tax assessed value: $806,030
    • Annual tax amount: $4,666
    • Date on market: 12/15/2025
    • Lease term: Buyer Finance/Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/2/2026Sold$1,200,000-17.2%$380/sqft
    Source: SWFLMLS #225083358 Report a problem
    5/8/2026Pending sale$1,450,000$459/sqft
    Source: SWFLMLS #225083358 Report a problem
    7/17/2025Price change$1,450,000-2.9%$459/sqft
    Source: SWFLMLS #225005291 Report a problem
    4/19/2025Price change$1,494,000-6.6%$473/sqft
    Source: SWFLMLS #225005291 Report a problem
    3/13/2025Price change$1,599,000-5.9%$506/sqft
    Source: SWFLMLS #225005291 Report a problem
    1/15/2025Listed for sale$1,699,000+139.3%$538/sqft
    Source: SWFLMLS #225005291 Report a problem
    7/21/2020Sold$710,000-1.4%$225/sqft
    Source: Florida Gulf Coast MLS #220033354 Report a problem
    6/1/2020Pending sale$720,000$228/sqft
    Source: EXP Realty LLC #220033354 Report a problem
    5/26/2020Listed for sale$720,000+68.8%$228/sqft
    Source: EXP Realty LLC #220033354 Report a problem
    5/6/2019Sold$426,600-5%$135/sqft
    Source: Public Record Report a problem
    4/22/2019Pending sale$449,000$142/sqft
    Source: Lahaina Realty #219003878 Report a problem
    4/22/2019Listed for sale$449,000+176.3%$142/sqft
    Source: Lahaina Realty #219003878 Report a problem
    6/2/1994Sold$162,500$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,141 +16.1%$668,885 +10%
    2024$9,599 +105.7%$608,077 +142.3%
    2023$4,666 -48.4%$250,918 -50.1%
    2022$9,039 +20.5%$502,543 +10%
    2021$7,503 +12.7%$456,857 +17.1%
    2020$6,656 +187.3%$390,033 +2.5%
    2019$2,317 $380,346 +87.7%
    2018$2,317 -8.6%$202,653 -4.7%
    2017$2,536 -2.1%$212,615 -33.4%
    2016$2,590 +2.2%$319,023 +21.2%
    2015$2,535 +6.3%$263,310 +11.7%
    2014$2,384 -6.1%$235,694 +7.5%
    2013$2,540 +9.8%$219,210 +45.7%
    2012$2,314 -10.2%$150,443 -7.4%
    2011$2,578 -27%$162,426 -23.6%
    2010$3,533 -8.2%$212,577 -12.2%
    2009$3,849 -16.4%$242,130 -38.5%
    2007$4,607 -4.1%$393,620 +18.7%
    2006$4,803 +3.4%$331,620 +40.2%
    2004$4,643 -7.6%$236,540 -4.6%
    2003$5,027 +20%$247,830 +23.9%
    2002$4,189 $200,010 +35.6%
    2000-- $147,530
    Find assessor info on the county website

    Neighborhood: 33931

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,195,900
    2% more
    +$23,918
    With Zillow Showcase(estimated)
    $1,219,818