218 Primo DR Active Save Request In-Person Tour Request Virtual Tour
Fort Myers Beach,FL 33931
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Venetian Gardens
MLS Listing ID 225055007
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
Area Fb02 - Crescent Street To Gulf B
Zoning RS-1
Interior
Heating Central Electric
Cooling Ceiling Fan(s),Central Electric
Flooring Vinyl
Exterior
Exterior Feature Storage
Fence Fenced
Pool In Ground
Community Features Beach Access,Fishing,Boating,Non-Gated
Utilities Available Cable Available
Waterfront Description Canal Front,Navigable Water
Roof Type Metal
Building
Lot Description Regular
Story 2
Sewer Central
Water Central
Structure Type Wood Frame,Stucco
New Construction No
Others
Acceptable Financing Buyer Finance/Cash,Owner Will Carry
Listing Terms Buyer Finance/Cash,Owner Will Carry