880 Buttonwood Dr A-e, FORT MYERS BEACH, FL

$1,900,000

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6

Beds

5

Baths

0.23

Acres

About 880 Buttonwood Dr A-e

Motivated seller wants an offer. This property is zoned for multifamily development with a maximum of 10 units. The existing structure consists of two 2-bedroom, 1-bathroom units measuring 1225 square feet each, two 1-bedroom, 1-bathroom units measuring 850 square feet each, and one efficiency unit. Additionally, the building includes a laundry facility. The units have been mostly stripped and require finishing touches. Despite this, the building remains sturdy and features a newer roof, making it suitable for restoration or a different purpose. Considering its zoning designation for multifamily use and the surrounding properties, this property presents an excellent opportunity to serve as the anchoring point for your new condo, hotel, or apartment project. As there are neighboring properties that can be acquired along with this one, you have the potential to secure additional space for parking and any other land needs your project may require. Although the property did sustain wind and hurricane damage during Hurricane Ian, it can be repaired and used as a rental property. At the same time, you work on putting together the larger project if you so choose.

Features of 880 Buttonwood Dr A-e

MLS® # 224024733
Price $1,900,000
Bedrooms 6
Bathrooms 5.00
Full Baths 5
Square Footage 10000.00
Acres 0.23
Year Built 1975
Type Income
Sub-Type Quadruplex
Style Two Story
Status Active

Community Information

Address 880 Buttonwood Dr A-e
Area FB06 - San Carlos Island
Subdivision SAN CARLOS ON THE GULF
City FORT MYERS BEACH
County Lee
State FL
Zip Code 33931
Community Type Gated

Amenities

Amenities Beach Rights
Features Rectangular Lot
Is Waterfront Yes
Pets Allowed No Approval Needed
Waterfront Lake
Has Pool No

Interior

Interior Other
Heating None
Cooling Other
Fireplace No
Stories 2
Has Basement No

Exterior

Exterior Block, Concrete, Stucco
Exterior Features Privacy Wall
Lot Description Rectangular Lot
Windows Other
Roof Built-Up, Flat
Construction Block, Concrete, Stucco

Additional Information

Days on Market 51
Zoning IL
Foreclosure No
Short Sale No
RE / Bank Owned No
Total Annual Recurring Fees $0
HOA Fees $0

Listing Details

OfficeGulf Coast Realty LLC

Listing Map

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