140 Estero Blvd. #2202, Fort Myers Beach, FL 33931

140 Estero Blvd. #2202, Fort Myers Beach, FL 33931
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$174,000
Sold on 6/04/18
Beds Baths Sq. Ft. Taxes Built
1.00 383 $1,918 1990
On the market: 25 days
View full details, 15 photos, school info, and price history
DIRECT GULF FRONT efficiency unit at Pink Shell Resort! In a typical year, like 2016, the owner NETTED $11K AFTER Paying all fees, property taxes and COA. In 2017/18, the units and bulding have undergone extensive renovation - this unit has PAID IN FULL for refurb Option A. An additional $30,000 is due in Sept 2018 and the owner has the option of monthly payments. The building will be shut down for 90 days starting Sept 2018. The resort raised prices after the first renovation and plans to increase room rates again after the shutdown. On site management and daily rentals and a beautiful renovation makes this an easy investment property. Owners can stay in this one KING SIZED BED unit 2 weeks in season and 2 weeks out of season and have full access to amenities year round! Sold fully furnished/turnkey. COA dues incl ALL expenses (water, internet, electricity, cable, interior insurance, pest control) except for property taxes. Amenities include 3 resort pools, world class sandy beach, restaurants, business center, full service spa, kid's camp, fitness center and marina. Lots of Info attached to MLS. Buyer to assume renovation assessment B of approx $30K.
Listing courtesy of Denise Chambre, Keller Williams FL Gulf Coast