Turnkey investment opportunity in the heart of Fort Myers Beach! This 4-unit quadruplex offers immediate dual-income strategy: one unit occupied by a steady long-term tenant and three fully furnished units with brand-new decor operating as active weekly short-term rentals. Professionally managed and completely setup for seamless operations. Each 1BD/1BA unit features open living spaces, full kitchens, and low-maintenance ceramic tile flooring. Updated systems, on-site laundry, dedicated off-street parking, and a lush backyard patio complete this high-performing coastal asset. Located just steps from the Gulf's white sand beaches, popular local dining, vibrant shopping, and coastal entertainment, this multi-family asset is ready to generate income from day one. Whether expanding your rental portfolio or seeking a turnkey income producer on the island, 229 Fairweather Ln delivers location, quality, and flexible cash flow potential.
| MLS # | 226031142 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 16 |
| Listing Provided By | Monarch Collective Realty Inc. | Nate Zimmer |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,840 |
| Units | 4 |
| Zoning | RM-2 |
| Acreage | 0.10 |
| Water Front | Yes |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall Unit(s), Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Other |
| Fireplace Yes / No | No |
| Laundry Features | Common Area |
| Roof | Built-Up |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Regular |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Tax Annual Amount | 8461.34 |
|---|---|
| Tax Block | C |
| Tax Legal Description | BEACH ESTATES BLK C PB 6 PG 68 LOT 20 LESS ELY 11 FT OR 227 PG 410 |
| Tax Year | 2025 |
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS BEACH |
| Zip Code | 33931 |
| Area | BEACH ESTATES |
| Community Name | BEACH ESTATES |
| Listing VS Median (in BEACH ESTATES) | |
Price: $999,500 low | high Med: $837,250 sqft: 1,840 low | high Med: 1,480 $ / sqft: $543 low | high Med: $573 On site: 16 low | high Med: 56.5 | |
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS BEACH |
| Zip Code | 33931 |
| Area | BEACH ESTATES |
| Community Name | BEACH ESTATES |
| Listing VS Median (in BEACH ESTATES) | |
Price: $999,500 low | high Med: $837,250 sqft: 1,840 low | high Med: 1,480 $ / sqft: $543 low | high Med: $573 On site: 16 low | high Med: 56.5 | |