880 Buttonwood Drive # A-E FORT MYERS BEACH, FL 33931

Features

• Total Units: 2
• Total Rooms: 10
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5

Facts

• Year Built: 01/01/1975
• Property ID: 880234363
• MLS Number: 224024733
• Property Type: Multi-family (2-4 units)
• County: LEE
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Motivated seller wants an offer. This property is zoned for multifamily development with a maximum of 10 units. The existing structure consists of two n2-bedroom, 1-bathroom units measuring 1225 square feet each, two 1-bedroom, 1-bathroom units measuring 850 square feet each, and one nefficiency unit. Additionally, the building includes a laundry facility. The units have been mostly stripped and require finishing touches. Despite nthis, the building remains sturdy and features a newer roof, making it suitable for restoration or a different purpose. Considering its zoning ndesignation for multifamily use and the surrounding properties, this property presents an excellent opportunity to serve as the anchoring point nfor your new condo, hotel, or apartment project. As there are neighboring properties that can be acquired along with this one, you have the npotential to secure additional space for parking and any other land needs your project may require. Although the property did sustain wind and nhurricane damage during Hurricane Ian, it can be repaired and used as a rental property. At the same time, you work on putting together the nlarger project if you so choose.