About 166-168 Coconut Dr
2/1 upstairs and a 1/1 downstairs located in a monthly rental zone. Prime Investment Opportunity – Near the Beach! Priced for lot value, this property presents an incredible opportunity for investors or those seeking a coastal retreat! Featuring a legal downstairs apartment and multi-family zoning, the possibilities are endless—whether you envision rental income or a spacious home. Located just steps from the pier, this property is perfect for beach enthusiasts with beach access just down the road, you’ll enjoy the best of Florida’s coastal lifestyle. The home itself requires extensive renovation, making it ideal for those looking to customize or redevelop. Don’t miss this chance to own a slice of paradise with unbeatable potential! There is known damage to the property.
Features of 166-168 Coconut Dr
| MLS® # | 225050992 |
|---|---|
| Price | $515,000 |
| Sold Price | $375,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Acres | 0.10 |
| Year Built | 1958 |
| Type | Income |
| Sub-Type | Duplex |
| Style | Two Story, Duplex |
| Status | Closed |
Community Information
| Address | 166-168 Coconut Dr |
|---|---|
| Area | FB03 - Gulf Beach Road to Avenid |
| Subdivision | GULF VIEW PLAZA |
| City | FORT MYERS BEACH |
| County | Lee |
| State | FL |
| Zip Code | 33931 |
| Community Type | Boating |
Amenities
| Amenities | None |
|---|---|
| Is Waterfront | No |
| Pets Allowed | No Approval Needed |
| Waterfront | None |
| Has Pool | No |
| Elevator | None |
Interior
| Heating | Central Electric |
|---|---|
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
Exterior
| Exterior | Wood Frame, Vinyl Siding |
|---|---|
| Lot Description | Regular |
| Roof | Shingle |
| Construction | Wood Frame, Vinyl Siding |
Additional Information
| Date Listed | May 28th, 2025 |
|---|---|
| Date Sold | November 21st, 2025 |
| Days on Market | 472 |
| Zoning | RS-1 |
| Foreclosure | Yes |
| Short Sale | No |
| Annual Recurring Fees | $0 |
Listing Details
| Office | Starlink Realty, Inc |
|---|