162 Tropical Shore Way

$749,900
Price
4
Beds
2,500 Sq. Ft.
$300 / Sq. Ft.
2,500
Sq. Ft.
$300
per Sq. Ft.

Description

Looking for a solid long-term investment? This triplex checks all the boxes. Located on one of the best streets in Fort Myers Beach, just two blocks — about a 5-minute walk — from the beach. The property sits on a deep water canal with direct access to the ocean and no neighbors behind. It’s in a great, family-friendly neighborhood — ideal for vacationers or anyone looking for a short- or long-term rental. The layout includes one 2-bedroom, 2-bath unit and two 1-bedroom, 1-bath units, giving you...Looking for a solid long-term investment? This triplex checks all the boxes. Located on one of the best streets in Fort Myers Beach, just two blocks — about a 5-minute walk — from the beach. The property sits on a deep water canal with direct access to the ocean and no neighbors behind. It’s in a great, family-friendly neighborhood — ideal for vacationers or anyone looking for a short- or long-term rental. The layout includes one 2-bedroom, 2-bath unit and two 1-bedroom, 1-bath units, giving you plenty of options for rental income. Fort Myers is making a strong comeback, and this is a smart time to buy in. Photos are virtually staged to spark your imagination. Call us today to schedule your private tour.

Property Details for 162 Tropical Shore Way

Development
HILLS T.P.
Building Design
Triplex
Community Type
Boating, Non-Gated
Waterfront
Yes
Waterfront Desc
Canal Access
Waterfront Desc
Canal
View
None/Other
LISTING UPDATED: 12/19/2025 12:15 PM

Property Details for 162 Tropical Shore Way

StatusActive
MLS #225031867
Days on Market214
Taxes$15,557 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.18 AC / 7,710 SF
CountyLee County

Location

Listing Courtesy of Real Broker, LLC, Joel Freis
Add your commute

Building Information for 162 Tropical Shore Way

Stories1Residences3Year Built1968Building Size-Lot Size0.18 AC / 7,710 SF

Payment Calculator

$5,002 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,706

Property Taxes

$1,296

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 162 Tropical Shore Way

Summary
Location and General Information
  • City: Fort Myers Beach
  • Directions: Tropical Shores Way is located between Town Hall and what use to be Topps grocery store. On the right.
  • Human Modified: No
  • Latitude: 26.45
  • Longitude: -81.94
  • MLS Area Major: FB02 - Crescent Street to Gulf B
  • Pets: No Approval Needed
  • Postal Code: 33931
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Name: Tropical Shores
  • Street Number: 162
  • Street Suffix: WAY
  • Full Address: 162 Tropical Shores WAY
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $15,556.91
  • Tax Year: 2024
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: HILLS T.P.
  • Parcel Number: 19-46-24-W3-00451.0430
  • Property Type: Residential Income
  • Section: 19
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.177
  • Lot Size Area: 0.177
  • Lot Size Dimensions: 110 x 75 x 110 x 75
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: Hills TP Subd PB 3 PG 84 Lot PT33
Property and Assessments
  • Total Area: 2500.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Triplex
  • Township: 24
  • Range: 46
  • Special Assessment: 0.00
  • Sub Condo Name: HILLS T.P.
  • Year Built Numeric: 1968
  • Property Sub Type Additional: Triplex
  • Zoning Code: TFC2
Lease Information
  • Land Lease Fee: $.00
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Utilities: Cable Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $.00
  • Annual Net Operating Income: $.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 3
  • Annual Expenses: $.00
  • Stories: 1.0
  • Units in Building: 3
Unit 1 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry Common,Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1500.0
Unit 2 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Laundry Common,Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: One Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 500.0
Unit 3 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Laundry Common,Open Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: One Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 500.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Florida, Ranch, One Story
  • Association Amenities: None
  • Canal Width: Canal Width 81-120
  • Community Features: Boat Facilities, Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Fence, Patio
  • Exterior Features: Fence, Patio
  • Irrigation Source: Municipal
  • Patio And Porch Features: Patio
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Triplex
  • Gulf Access Type: No Bridges, Water Direct
  • Gulf Access: Yes
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Half: 4
  • Bathrooms Total Integer: 8.0
  • Beds Total: 4
  • Cooling: Central Air, Electric, Wall Units
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Laminate, Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Single Hung, Sliding
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 162 Tropical Shore Way

DateEvent & SourcePriceAppreciation
Nov 11, 2025

Pending

MiamiRE #A11771450

—
Nov 11, 2025

Listed (Active)

MiamiRE #A11771450

—
Oct 24, 2025

Pending

MiamiRE #A11771450

—
Oct 22, 2025

Pending With Contingencies

MiamiRE #A11771450

—
Oct 2, 2025

Price Change

MiamiRE #A11771450

$749,900—
Oct 2, 2025

Price Change

FORTMLS #225031867

$749,900—
Aug 26, 2025

Price Change

MiamiRE #A11771450

$774,900—
Aug 26, 2025

Price Change

FORTMLS #225031867

$774,900—
Jun 6, 2025

Price Change

MiamiRE #A11771450

$799,900—
Jun 6, 2025

Price Change

FORTMLS #225031867

$799,900—
May 3, 2025

Price Change

MiamiRE #A11771450

$824,900—
Mar 31, 2025

Listed (Active)

MiamiRE #A11771450

$849,900—
Mar 26, 2025

Listed (Active)

FORTMLS #225031867

$849,900—
Feb 13, 2023

Sold (Public Record)

Public Record #1506215385

$1,739,000

+60.5% / yr

Feb 25, 2021

Sold

FORTMLS #220075977

$684,900—
Feb 24, 2021

Sold (Public Record)

Public Record #694240116

$684,900—
Feb 24, 2021

Sold (Public Record)

Public Record #1467842724

$684,900

+5.8% / yr

Jan 25, 2021

Pending

FORTMLS #220075977

—
Nov 28, 2020

Listed (Active)

FORTMLS #220075977

$725,000—
Mar 5, 2015

Sold

FORTMLS #214061652

$490,000—
Mar 4, 2015

Sold (Public Record)

Public Record #489569084

$490,000—
Jan 20, 2015

Pending

FORTMLS #214061652

—
Nov 14, 2014

Listed (Active)

FORTMLS #214061652

$499,800—
Feb 3, 2014

Expired

FORTMLS #213024102

$477,775—
Aug 6, 2013

Listed (Active)

FORTMLS #213024102

$488,888—
May 22, 2013

Withdrawn

FORTMLS #201305500

$479,900—
Feb 1, 2013

Expired

FORTMLS #212024308

$485,000—
Aug 3, 2012

Listed (Active)

FORTMLS #212024308

$485,000—
Jan 6, 2005

Sold (Public Record)

Public Record #150379149

$490,000—
DateEvent & SourcePrice
11/11/2025

Pending

MiamiRE #A11771450

—
11/11/2025

Listed (Active)

MiamiRE #A11771450

—
10/24/2025

Pending

MiamiRE #A11771450

—
10/22/2025

Pending With Contingencies

MiamiRE #A11771450

—
10/02/2025

Price Change

MiamiRE #A11771450

$749,900
10/02/2025

Price Change

FORTMLS #225031867

$749,900
08/26/2025

Price Change

MiamiRE #A11771450

$774,900
08/26/2025

Price Change

FORTMLS #225031867

$774,900
06/06/2025

Price Change

MiamiRE #A11771450

$799,900
06/06/2025

Price Change

FORTMLS #225031867

$799,900
05/03/2025

Price Change

MiamiRE #A11771450

$824,900
03/31/2025

Listed (Active)

MiamiRE #A11771450

$849,900
03/26/2025

Listed (Active)

FORTMLS #225031867

$849,900
02/13/2023

Sold (Public Record)

Public Record #1506215385

$1,739,000

+60.5% / yr

02/25/2021

Sold

FORTMLS #220075977

$684,900
02/24/2021

Sold (Public Record)

Public Record #694240116

$684,900
02/24/2021

Sold (Public Record)

Public Record #1467842724

$684,900

+5.8% / yr

01/25/2021

Pending

FORTMLS #220075977

—
11/28/2020

Listed (Active)

FORTMLS #220075977

$725,000
03/05/2015

Sold

FORTMLS #214061652

$490,000
03/04/2015

Sold (Public Record)

Public Record #489569084

$490,000
01/20/2015

Pending

FORTMLS #214061652

—
11/14/2014

Listed (Active)

FORTMLS #214061652

$499,800
02/03/2014

Expired

FORTMLS #213024102

$477,775
08/06/2013

Listed (Active)

FORTMLS #213024102

$488,888
05/22/2013

Withdrawn

FORTMLS #201305500

$479,900
02/01/2013

Expired

FORTMLS #212024308

$485,000
08/03/2012

Listed (Active)

FORTMLS #212024308

$485,000
01/06/2005

Sold (Public Record)

Public Record #150379149

$490,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 162 Tropical Shore Way

Taxable ValueLand$1,113,430Additions$24,450Total$1,137,880
Tax Record2024$16,205 ($1,350 / month)
Home Facts
Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtStories1Lot Size7,700 SqFtStyleTriplexYear Built1968Year Renovated1989ZoningTFC2CountyLEEAPN19-46-24-W3-00451.0430

Schools near 162 Tropical Shore Way

This home is within School District of Lee County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Fort Myers Beach Elementary School
PublicPK to 5

Cypress Lake Middle School
Public6 to 8

Three Oaks Middle School
Public6 to 8

Bonita Springs Middle Center For The Arts
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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162 Tropical Shore Way is a multi-family home for sale in Fort Myers Beach, FL 33931. This property was listed for sale on March 26, 2025 by Real Broker, LLC, it's currently listed at $749,900. It has been on the market for a total of 214 days and was last sold on February 13, 2023. This listing's school district is School District of Lee County. Nearby schools include Fort Myers Beach Elementary School, Cypress Lake Middle School and Three Oaks Middle School. 162 Tropical Shore Way is a 4-bed, 8-bath, 2,500 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Real Broker, LLC, Joel Freis

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.