100 Estero BLVD #131 new Save Request In-Person Tour Request Virtual Tour
Fort Myers Beach,FL 33931
Key Details
Property Type Multi-Family
Sub Type Mid Rise (4-7)
Listing Status Active
Purchase Type For Sale
Square Footage 989 sqft
Price per Sqft $884
Subdivision Vacation Villas
MLS Listing ID 225026634
Style Resale Property
Bedrooms 2
Full Baths 2
Condo Fees $1,400/mo
Year Built 1976
Annual Tax Amount $3,012
Tax Year 2024
Property Sub-Type Mid Rise (4-7)
Property Description
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 and appliances. The unit features IMPACT sliders and windows; new plumbing; new electrical; 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 (minor) 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.
Location
State FL
County Lee
Area Pink Shell Vacation Villas
Rooms
Dining Room Breakfast Bar,Dining - Family
Interior
Heating Central Electric
Flooring Tile
Equipment None,Washer/Dryer Hookup
Exterior
Exterior Feature Screened Lanai/Porch,Outdoor Shower
Parking Features 1 Assigned,Guest
Pool Community
Community Features Pool
Amenities Available Common Laundry,Pool,Private Membership
Waterfront Description Gulf Frontage,On the Gulf Beach
View Y/N Yes
View Gulf,Gulf and Bay
Roof Type Built-Up
Building
Lot Description Dead End
Building Description Concrete Block,Poured Concrete,Stucco, Common Area Washer/Dryer
Story 1
Water Central
Structure Type Concrete Block,Poured Concrete,Stucco
New Construction No
Others
Virtual Tour https://floridavisualmarketing.com/100-Estero-Blvd-1/idx