100 Estero Blvd 131

Fort Myers Beach, FL 33931

$875,000

$885 per ft²
$875,000
$885 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
2 Baths
carpenters-square
989 ft²
property_type
Mid Rise (4-7)
calendar
Built 1976
Beautifully remodelled 2 bed/2 bath DIRECT GULF FRONT Condo with a combination of a great beach location, popular floorplan, favorable rental rules, owners are allowed pets, and complimentary membership to the Pink Shell Resort (next door). This prestigious northend gulf front location offers unparalleled privacy as it is next door to Bowditch park and across the street from the bay. INVESTORS - the building allows 4 day min rentals from Thanksgiving to Easter and 7 days in the off season. The unit was completely renovated as a result of Hurricane Ian, and the new owner just needs to pick out their own furniture. Brand new stainless appliances just installed and a side-by-side white washer and dryer. The unit features IMPACT sliders and windows; new plumbing; new electrical breakers, breaker box, switches and GFIs; new air conditioner; newer water heater; and laundry hook ups (private laundry area in unit). New wood-look TILE flooring throughout. The kitchen features white shaker cabinets, quartz countertops and backsplash, and the \"drop down\" ceiling was removed. The two bathrooms feature white shaker vanities, quartz countertops, marble tiled showers with shampoo inserts and glass shower doors. The corner unit is light and bright with extra windows and TWO balconies - one overlooks the beach and ocean; the other overlooks the bay and beach. This 2 bed / 2 bath unit will make a great personal residence or provide a sizable investment income. Vacation Villas Condo building has 30 units over 6 floors (5 per floor). The building is in the final stages of repair and will feel brand new with all new water plumbing, relined sewer lines, new electrical, new waterproof electirical room, refurbished pool area, new elevator, new roof, and new landscaping. Maintenance fees include high speed fiber optic internet, unit water, building insurance and professional mgmt. Vacation Villas is NOT part of the Pink Shell Resort, however, the Pink Shell has provided Private Membership of their amenities to the owners at vacation villas through March 2027 at no cost! Pink Shell Reort also provides security and beach raking to the building at no cost. The building is ready for OWNER OCCUPANCY NOW and rentals in May 2025. Please note in the photos there is scaffolding on the lanais as the building was being painted when photos were taken. The Milestone Inspection is done and the repairs are in the final stage of completion and will see the building through to the next inspection in 10 years. The owners received 70K pre -Ian in rental income (after all rental expenses) and this is projected to 100K in 2026. One photo is virtually staged.

MLS# 225026634

Interior Features

Appliances:   Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer
Cooling:   Central Electric
Heating:   Central Electric
Flooring:   Tile
Furnished?:   Unfurnished
Misc Interior:   Common Elevator, Split Bedrooms, Great Room

Exterior/Building Features

Acres:   0
Building Name:   PINK SHELL VACATION VILLAS
Community Features:   Pool, Private Membership, Non-Gated
Construction Materials:   Concrete Block, Piling, Concrete, Stucco
Garage Spaces:   0
Levels:  
Parking Features:   1 Assigned, Guest
Security Features:   Smoke Detector(s)
Other Exterior:   Outdoor Shower

School Information

High School:   null
Middle School:   null
Elementary School:   null

Other Property Details

Pets Allowed:   No Approval Needed
Owner Pays:  
Other Exterior:   Outdoor Shower
Num Units In Community:   30

 

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this one are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Data last updated

REALTY EZ
Southwest Florida
Real Estate

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