$1,599,999
 $8,589 est/mo Sourced by Back At You

880 Buttonwood Dr A-e , FORT MYERS BEACH, FL 33931

FORT MYERS BEACH, FL 33931

Share with a friend

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.

Details

MLS#224024733
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1975
Days On Site132
Listing Provided ByGulf Coast Realty LLC | Joe Wallace

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet10,000
Story(s)2
Units2
Building(s)1
ZoningIL
Acreage0.23
Water FrontYes
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Royal Palm Coast Realtor Association ®.

Request a showing

Request a showing

Loading Form
Listings Checked: 6 minutes ago

Contact

Learn More About This Property

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaFB06 San Carlos Island
Community NameSAN CARLOS ON THE GULF
Listing VS Median (in SAN CARLOS ON THE GULF)
Price:
$1,599,999
low | high
Med:
$1,995,000
25.312422070264% of Average
SqFt:
10,000
low | high
Med:
2,654
100% of Average
$ / SqFt:
$160
low | high
Med:
$752
100% of Average
On Site:
132
low | high
Med:
177.000000
74.576271186441% of Average
Sourced by Back At You
Listing Updated: June 26, 2024 at 1:19:48 AM PDT