161 / 163 Mango ST Active

Fort Myers Beach,FL 33931

$ 2200000

5 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Seagrape Colony

MLS Listing ID 225077334

Style See Remarks,Stilts

Bedrooms 5

Full Baths 5

Year Built 1946

Annual Tax Amount $4,770

Tax Year 2024

Lot Size 5,488 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional coastal investment opportunity on beautiful Fort Myers Beach! This rare property includes a quadplex and a separate beach cottage situated on an oversized 100' x 110' double parcel with direct beach access—just steps from the sugar-white sand and turquoise Gulf waters. Located on Mango Street, one of the island's most desirable Weekly Rental Zoned (STR) streets, this property offers incredible flexibility and income potential. Operate the existing five remodeled rental units for immediate revenue, or redevelop and build two brand-new single-family homes—one on each parcel—creating high-value coastal retreats designed for premium vacation income. There are two separate strap #'s making up this Oversized Assemblage Parcel - 161 Mango St: 19-46-24-W3-0120E.0070 & 163 Mango St: 19-46-24-W3-0120E.0080.
Builder introductions available. Rental information available.

The existing buildings are totally remodeled, turn-key, and ready for guests. Each residence captures the laid-back coastal charm of Fort Myers Beach, with bright, open interiors and tropical outdoor spaces. There's also room for a pool to further enhance guest appeal and rental performance.

The location is unbeatable—guests can walk to Margaritaville, the Pier District, marinas, Doc Ford's, local shops, and beachside dining, making it one of the most sought-after spots for vacationers. With direct beach access, a strong rental history, and versatile redevelopment potential, this property checks every box for investors seeking both immediate income and long-term appreciation.

Whether you envision keeping the current structures as a high-yield short-term rental portfolio, or creating your dream coastal investment homes, this rare double-lot opportunity on Fort Myers Beach delivers endless potential, prime location, and true island lifestyle.

Location

State FL

County Lee

Area Fb02 - Crescent Street To Gulf B

Zoning RM-2

Interior

Heating Central Electric

Cooling Ceiling Fan(s),Central Electric

Flooring Tile,Wood

Exterior

Exterior Feature Room for Pool

Community Features Beach Access,No Subdivision,Non-Gated

Utilities Available Cable Available

Waterfront Description None

Roof Type Metal

Building

Lot Description Across From Beach Access,Oversize

Story 1

Sewer Central

Water Central

Structure Type Elevated,Wood Frame,Wood Siding

New Construction No

Others

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Pets Allowed No Approval Needed

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