100 Estero BLVD #131 Active

Fort Myers Beach,FL 33931

$ 875000

2 Beds

2 Baths

989 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 989 sqft

Price per Sqft $884

Subdivision Vacation Villas

MLS Listing ID 225026634

Style Mid Rise

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $1,400/mo

HOA Y/N Yes

Annual Recurring Fee 16800.0

Year Built 1976

Annual Tax Amount $3,012

Tax Year 2024

Lot Dimensions Measured

Property Sub-Type Condominium

Property Description

Beautifully remodelled 2 bed/2 bath DIRECT GULF FRONT Condo with a combination of a great beach location, popular floorplan, favorable rental rules, owners are allowed pets, and complimentary membership to the Pink Shell Resort (next door). This prestigious northend gulf front location offers unparalleled privacy as it is next door to Bowditch park and across the street from the bay. INVESTORS - the building allows 4 day min rentals from Thanksgiving to Easter and 7 days in the off season. The unit was completely renovated as a result of Hurricane Ian, and the new owner just needs to pick out their own furniture and appliances. The unit features IMPACT sliders and windows; new plumbing; new electrical; new air conditioner; newer water heater; and laundry hook ups (private laundry area in unit). New wood-look TILE flooring throughout. The kitchen features white shaker cabinets, quartz countertops and backsplash, and the "drop down" ceiling was removed. The two bathrooms feature white shaker vanities, quartz countertops, marble tiled showers with shampoo inserts and glass shower doors. The corner unit is light and bright with extra windows and TWO balconies - one overlooks the beach and ocean; the other overlooks the bay and beach. This 2 bed / 2 bath unit will make a great personal residence or provide a sizable investment income. Vacation Villas Condo building has 30 units over 6 floors (5 per floor). The building is in the final stages of repair and will feel brand new with all new water plumbing, relined sewer lines, new electrical, new waterproof electirical room, refurbished pool area, new elevator, new roof, and new landscaping. Maintenance fees include high speed fiber optic internet, unit water, building insurance and professional mgmt. Vacation Villas is NOT part of the Pink Shell Resort, however, the Pink Shell has provided Private Membership of their amenities to the owners at vacation villas through March 2027 at no cost! Pink Shell Reort also provides security and beach raking to the building at no cost. The building is ready for OWNER OCCUPANCY NOW and rentals in May 2025. Please note in the photos there is scaffolding on the lanais as the building was being painted when photos were taken. The Milestone Inspection is done and the repairs (minor) are in the final stage of completion and will see the building through to the next inspection in 10 years. The owners received 70K pre -Ian in rental income (after all rental expenses) and this is projected to 100K in 2026 (proforma attached). One photo is virtually staged.

Location

State FL

County Lee

Community Pink Shell Vacation Villas

Area Fb01 - Bodwitch Pointe To Cresce

Rooms

Bedroom Description 2.0

Interior

Interior Features Breakfast Bar, Family/ Dining Room, Living/ Dining Room, Shower Only, Separate Shower, Split Bedrooms

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Furnishings Unfurnished

Fireplace No

Window Features Other,Sliding,Impact Glass

Laundry Common Area, Washer Hookup, Dryer Hookup, Inside

Exterior

Exterior Feature Security/ High Impact Doors, Outdoor Grill, Outdoor Shower, Other

Parking Features Assigned, Guest, One Space

Pool Community

Community Features Elevator, Non- Gated

Utilities Available Cable Available, High Speed Internet Available

Amenities Available Laundry,Private Membership,Pool

Waterfront Description Beach Front, Gulf

View Y/N Yes

Water Access Desc Public

View Bay, Gulf

Roof Type Built- Up, Flat

Porch Lanai,Porch,Screened

Garage No

Private Pool No

Building

Lot Description Dead End

Faces Northeast

Story 1

Foundation Pillar/ Post/ Pier

Sewer Public Sewer

Water Public

Architectural Style Mid Rise

Unit Floor 1

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Yes

HOA Fee Include Association Management,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Sewer,Trash,Water

Senior Community No

Tax ID 24-46-23-W1-02100.1310

Ownership Condo

Acceptable Financing All Financing Considered,Cash

Listing Terms All Financing Considered,Cash

Pets Allowed Yes

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