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Home Off Market
5530 Palmetto ST
Fort Myers Beach, Florida 33931
Lee CountyCommunity: GULF HEIGHTS
$1,760,000
0 br, 0.0 bath
0 sq. ft.
0.000 acres
MONEY MAKING, MULTI UNIT, 5 BED /5 BATH WEEKLY RENTAL ZONE POOL HOME! The property is perfectly located with less than a 3 minute walk to the Gulf of Mexico's sugar sand beach via access #16! Upgraded and fresh turnkey multi-unit with two - 2BR/2Bath units and one - 1BR/1Bath unit. - All THREE units are registered as short term vacation rentals with Town of Ft. Myers Beach! - Each unit has a pullout for adding at least 2 "heads-on-beds" per unit! Palmetto Street is located in a quiet and popular vacation neighborhood. There is a washer and dryer for each unit. Each unit has its own private screen porch as well. - The yard is enclosed with a privacy fence. Exceptionally large parking area for at least 8 cars. YTD bookings as of 9/30/2021 are at $120K. - Total projected gross income for 2021 is $160K+ gross revenue! - Bookings are already scheduled for 2022! - CAP rate at approximately 7%. This is an easy "Plug-and-Play" positive cash flow investor opportunity. The perfect getaway location that your guests will enjoy - a true 5 Star review champion!
Interior:
- Bedrooms: 0
- Baths: 0.0
- Sq Ft: 0
- Year Built: 1974
- Utilities:
- Fireplaces:
- Stories: 1.0
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof: Metal
- Property Taxes: $6,317
- MLS #: 221069899
Contact Information:
Ad Number: 2080416
Viewed 46 times.
Updated: Oct 13, 2021
This property is a Home located at 5530 Palmetto ST, Fort Myers Beach, Florida 33931, and is currently Off Market at $1,760,000. This Home has 0 bedrooms, 0.0 baths, 0 sq ft.