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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22056778
22056779

250 Estero Blvd Fort Myers Beach, Florida, Fort Myers Beach, FL 33931

NC
475122733
Prospect Equities Real Estate
Listed by Prospect Equities Real Estate
$899,000
462 days on market
Updated 71 days ago

250 Estero Blvd Condominium

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 997
Net Rentable (SqFt) 997
Units 1
Cap Rate 7.50%
NOI $71,775
Occupancy 90%
Pro-Forma Cap Rate 8.34%
Pro-Forma NOI $75,000
Price per SqFt $902
Broker Co-Op Yes
Class A
Year Built 1998
Year Renovated 2022
Buildings 1
Stories 7
Zoning Weekly Short-Term Rental Condo
Parking Spaces 2 per unit
Investment Type Stabilized
Occupancy Date 01/01/2023
Ownership Manager Link LLC
Sale Condition For sale by owner

Weekly Short-term Rental Condo

Marketing description

Property Highlights: Fully Furnished Turnkey Short-term rental Condo

Prime Beachfront Location: Direct access to the beach, hear the soothing waves from the Master Bedroom, and enjoy spectacular sunsets on the enclosed Lanai.

Master Suite: Ensuite BRAND NEW master bathroom featuring a granite countertop, tall shower, and lanai patio entrance.

Spacious Guest Bedroom: Two full-sized beds, a walk-in shower, and breathtaking sunrise views.

Modern Entertainment: Brand new Samsung HD Smart TV with Netflix, Hulu, Roku, or Chromecast, and a SONOS soundbar with built-in Alexa for TV/CABLE/AIR conditioning controls.

Convenient Amenities: Brand new LG full-size washer and dryer, an updated kitchen fully stocked with a new coffee pot, blender, pots, pans, and more.

Investment highlights

Short-term rental Net Operating Income for 2024— $71,775

Fully Booked until July 15 at present — Inherit immediate Income on upcoming rentals through VRBO and Florida Rentals.com

Sample Rental reviews:

Absolutely Perfect!!, Dec 26, 2024
By
Ashley Harker,

This condo was perfect for our family of 5. Plenty of room, comfy beds, fully stocked kitchen and the absolutely most stunning sunset views from the balcony. We would rate it higher if we could! The owners were very responsive, accommodating and kind. Highly recommend and we cannot wait to stay again!

Listing Contacts

NC
475122733
Prospect Equities Real Estate
Listed by Prospect Equities Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$71,775.00
$5,981.25/mo

Valuation Metrics

0
DSCR
7.98%
Cap Rate
7.98%
ROI

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