Direct beachfront on the desirable north-end of the island with gulf front lanai and bay front views from the kitchen! 6th floor, 2br, 2ba that was beautifully renovated just before hurricane ian (sept 2022), including updated kitchen and bathrooms, "wood-look" tile flooring throughout, new glass shower door. Fortunately the unit sustained minimal damage, however the building is still a construction zone. Prior to ian, these units were selling in the 800s (and grossing 70+ per year). This unit has been priced to allow the new owner to pay for future assessments while building equity. The new owner will also be able to take advantage of significant escalation in daily rental rates once the building is back on-line. Unit being sold “turnkey” as seen. The building will have a new roof, new plumbing, new electric, new elevator, updated pool area with tiki hut, and a new community room. The unit has a new ac, new water heater (seller paid assessment), and impact doors and windows. Weekly rentals allowed and (optional) on-site rental program for owners. Walking distance to time square for entertainment, shops, restaurants and margaritaville. On-site laundry facility. Photos are pre-ian. Cash only.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Denise Chambre • Keller Williams Realty Fort Myers and the Islands • Buyer Agency Compensation 1.5%.
Instant Comparative Market Analysis
Closed
Active
$700/ft²
$700/ft²
$900/ft²
$1,100/ft²
Unit #603 – Asking
$840/ft²
(-8%) from Closed Medium $/ft²
Closed Medium $/ft²
$911/ft²
Community $/Price Range (Closed) $911/ft² – $911/ft²
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