218 Primo DR Active

Fort Myers Beach,FL 33931

$ 1950000

4 Beds

4 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Venetian Gardens

MLS Listing ID 225055007

Style Two Story,Duplex

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1978

Annual Tax Amount $9,278

Tax Year 2023

Lot Size 6,150 Sqft

Property Sub-Type Duplex

Property Description

Tap into a revenue-rich retreat in the heart of Fort Myers Beach's hottest zone. Here for you is a canal-front duplex that has already generated over $111,000 in revenue from January to June 2025—not projected, but proven! Positioned just steps from Margaritaville, the future Arches, and the soon-to-reopen Whale Restaurant, this legal duplex delivers the rarest trifecta: location, lifestyle, and legitimate cash flow. This is not just a beach property—this is a capital-producing machine, camouflaged in island luxury. With four bedrooms, 3.5 baths, impact-rated windows, upgraded kitchens and baths, LVP and tile flooring, and fresh coastal interiors, both units are fully turnkey. The layout is designed for ease; the finishes, for resilience; the ambiance, for repeat bookings. Outside, the resort-style pool, spa, lush landscaping, and covered boathouse create a private waterfront haven, anchored by sweeping views and long-term appeal. But what truly separates Primo Drive from ordinary STRs is momentum. $111K+ in gross revenue in the first six months alone. No guesswork. No lag time. Just velocity. Serious investors recognize signals like this. This north-end income engine sits in one of the highest-demand corridors on the island, where redevelopment is active, tourism is surging, and STR supply remains constrained. This is your foothold into an accelerating market, with a performing asset that pays for itself while appreciating in one of Florida's fastest-recovering coastal zones

Location

State FL

County Lee

Community Venetian Gardens

Area Fb02 - Crescent Street To Gulf B

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Vinyl

Exterior

Exterior Feature Fence, Outdoor Grill, Patio, Storage

Pool In Ground

Community Features Boat Facilities, Non- Gated

Utilities Available Cable Available

Amenities Available Beach Rights,Beach Access,Pier

Waterfront Description Canal Access, Navigable Water

Roof Type Metal

Building

Lot Description Rectangular Lot, Dead End

Dwelling Type Duplex

Sewer Public Sewer

Water Public

Structure Type Stucco,Wood Frame

Others

Acceptable Financing All Financing Considered,Cash,Owner May Carry

Listing Terms All Financing Considered,Cash,Owner May Carry

Pets Allowed Yes

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