130 Mid Island Dr, Fort Myers Beach, FL 33931

$599,000

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List Price
$599,000
Listing Price
$599,000
Days on Market
3
MLS#
226027836
County
Lee
Region
FB03 - Gulf Beach Road to Avenid
Development
Mid Island Unrecorded Subdivision
Subdivision
Mid Island Unrecorded Subdivision
Lot Type
Residential Lot
Land Area sqft
7,753
County
Lee
Region
FB03 - Gulf Beach Road to Avenid

Property Description

Exceptional Oversized Homesite! One of Fort Myers Beach's Highest-Performing Weekly Rental Locations! Build a NEW 5+ bedroom with a GROSS INCOME Potential $250,000+/- in annual gross short-term rental income. This WIDE 70 ft wide parcel offers the perfect combination of size, location, and investment potential. One of the largest available homesites at this price point, it provides an outstanding opportunity to build a custom luxury beach home designed for both personal enjoyment and exceptional income-producing potential. Located on desirable Mid Island Drive, a street already showcasing six newly constructed luxury residences, this is an ideal setting for a 5-6 bedroom elevated coastal home with a south-facing resort-style pool, maximizing all-day sunshine and breathtaking Florida sunsets. Perfect for blended use, enjoy your own private island retreat whenever you choose while offsetting ownership costs through weekly vacation rentals when you're away. Builder introductions are available, making it easy to begin planning your custom coastal residence. Just moments from Connecticut Street Beach Access, you'll enjoy the ideal balance of privacy and convenience. Walk to the white sandy beaches of the Gulf of Mexico, spend afternoons relaxing by your future pool, and experience unforgettable sunsets just steps from home. The location places you between the excitement of Margaritaville Resort, Times Square, and the Pier District to the north and the restaurants, shopping, and conveniences of Santini Plaza to the south. Oversized homesites in premier weekly rental neighborhoods are becoming increasingly difficult to find. Whether you're building a luxury vacation home, an income-producing investment property, or the perfect combination of both, this exceptional parcel represents one of the best opportunities currently available on Fort Myers Beach

Additional Information

Usage
Single Family
Road
Paved
Water
Central
Sewer
Central
Waterfront Description
None
Boat Access
None
View
Landscaped Area
Irrigation
See Remarks
Lot Description
Across From Beach Access, Oversize
Lot Frontage
70
Total Tax Bill
$6,376
Tax Year
2024

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Company.