$2,890,000

198-200 Anchorage Street #200, Fort Myers Beach, FL 33931

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$2,890,000

(60,000) 12/01/2025

198-200 Anchorage Street #200 Fort Myers Beach, FL 33931

For Sale MLS# 225047481

10 beds 11 baths Multi-family

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Data current as of 17/12/2025 00:00:49

Details for 198-200 Anchorage Street #200

MLS# 225047481

Description for 198-200 Anchorage Street #200, Fort Myers Beach, FL, 33931


This fully licensed vacation rental quadplex is a rare find on Fort Myers Beach—a turnkey, income-producing property located on a desirable weekly rental street just steps from the sand. Recently remodeled and legally grandfathered for nonconforming use, it operates as four distinct vacation units, an uncommon setup that offers both stability and flexibility in a high-demand market. What truly sets this property apart is its resort-style outdoor living space. The large private swimming pool with spa is a standout feature—an amenity not commonly found in multifamily properties on the island. Paired with a custom-built thatched-roof tiki hut bar complete with lounge seating, overhead fans, and a TV, this space elevates the guest experience well beyond typical rental offerings. The outdoor kitchen includes a grill, ceramic smoker, gas burner, and sink, creating a true entertaining zone. A separate poolside half bath make it even more guest-friendly. The layout includes two ground-floor poolside villas, one with two bedrooms, two bathrooms, and a full kitchen, the other with three bedrooms, three bathrooms, and a full kitchen. Upstairs, there are two additional 2-bedroom, 2-bath units, one of which features an optional third-bedroom lockout suite with its own bathroom that allows for flexible 2- or 3-bedroom bookings. Laundry facility includes shared by the upper units and each lower level unit has it's own laundry. This quadplex sits in a prime location just south of the bustling north end of the island, offering guests a more laid-back atmosphere while still being within biking distance of Time Square. And it’s not just the property that makes this a smart buy—Fort Myers Beach is on the verge of a major upswing. Following the impact of Hurricane Ian, the island is in the final stages of a large-scale redevelopment effort. Aging structures are being replaced with modern, storm-resilient buildings, infrastructure is being upgraded, and new businesses are opening, bringing fresh energy and long-term investment potential. Demand for vacation rentals is climbing as travelers return to a revitalized, better-than-ever beach town. For an investment-minded buyer, this is more than just a property—it’s a proven income generator positioned in the path of growth, with a unique competitive edge in the vacation rental market.

Listing Information


Property Type: Residential, Quadruplex

Status: Active

Bedrooms: 10

Bathrooms: 11

Lot Size: 0.20 Acres

Year Built: 1979

Stories: 2 Story

Construction: See Remarks,Wood Frame

Subdivision: Cases

County: Lee

Days On Market: 210

Construction Status: Resale

Room Information


Bathrooms

Full Baths: 10

1/2 Baths: 1

Interior Features


Flooring: Tile,Vinyl

Doors/Windows: Single Hung, Impact Glass

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Cable Available

Cooling: Electric, Other, Zoned, Wall Unit(s), Central Air

Heating: Central, Electric

Exterior / Lot Features


Roof: Shingle

Pool: In Ground, Screen Enclosure, Heated, Electric Heat, See Remarks

Zoning: TFC2

Additional Exterior/Lot Features: Outdoor Kitchen, Patio, Storage, Patio, Irregular Lot

Community Features


Community Features: Non-Gated

Financial Considerations


Terms: All Financing Considered,Cash

Tenant Pays: See Remarks

Tax/Property ID: 29-46-24-W2-00153.0240

Tax Amount: 15563.78

Tax Year: 2024

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 198-200 Anchorage Street #200

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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