Fort Myers Beach - Beach Property For Sale #4864887

Weekly Rentals allowed and (optional) on-site rental program for owners. DIRECT BEACHFRONT on the desirable North-end of the island with gulf front lanai and bay front views from the kitchen! 5th floor, 2BR, 2BA that was beautifully renovated just before hurricane Ian (sept 2022), including updated kitchen and bathrooms, *wood-look* tile flooring throughout flooring, 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. Walking distance to Time Square for entertainment, shops, restaurants and Margaritaville. On-site laundry facility. PHOTOS Are Pre-Ian. Cash only.