5503 Estero Boulevard

Fort Myers Beach, FL 33931

$2,150,000
Last Sold Price
9
Beds
5
Baths
3,500 Sq. Ft.
$614 / Sq. Ft.
3,500
Sq. Ft.
$614
per Sq. Ft.

Description

Completely renovated to the nines with over 450k put into this prime located property. Completely gutted, new everything including roof, plumbing, kitchen, over 20k in top of the line appliances, bathrooms and deck, over 30k in Landscaping. All top of the line decor. This sharp quad unit is ready for your vacation rental guests. Start generating over 200k+ income immediately as all the hard work is complete. Located directly across the street from the beach with great beach access! Don't miss this...Completely renovated to the nines with over 450k put into this prime located property. Completely gutted, new everything including roof, plumbing, kitchen, over 20k in top of the line appliances, bathrooms and deck, over 30k in Landscaping. All top of the line decor. This sharp quad unit is ready for your vacation rental guests. Start generating over 200k+ income immediately as all the hard work is complete. Located directly across the street from the beach with great beach access! Don't miss this great investment opportunity to RENT WEEKLY, MONTHLY or ANNUALLY! One unit has 3 bed/2 full, the other 3 units have 2 Bed/1 Bath. Each unit has its own porch/patio for a sitting area. Great mid-island LOCATION, walking distance to Publix, shopping, restaurants, and more. The opportunities are endless with this property. Seller would accept owner financing with 40% down minimum over 3 years interest only.
  1. Listed by Daniel Clarkston • Premiere Plus Realty Company

Property Details for 5503 Estero Boulevard

Development
GULF HEIGHTS
Building Design
Quadraplex
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of Premiere Plus Realty Company, Daniel Clarkston

Sold By Coldwell Banker Realty, Steve Bacardi, LLC

Add your commute
LISTING UPDATED: 09/27/2022 12:16 PM

Property Details for 5503 Estero Boulevard

StatusClosed
MLS #222044134
Days on Market43
Taxes$7,208 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.13 AC / 5,619 SF
CountyLee County

Location

Listing Courtesy of Premiere Plus Realty Company, Daniel Clarkston

Sold By Coldwell Banker Realty, Steve Bacardi, LLC

Add your commute

Building Information for 5503 Estero Boulevard

Stories2Residences4Year Built1957Building Size-Lot Size0.13 AC / 5,619 SF

Payment Calculator

$12,334 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,733

Property Taxes

$601

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5503 Estero Boulevard

Summary
Location and General Information
  • City: FORT MYERS BEACH
  • Directions: Direclty off Estero Blvd, corner of Dakota.
  • Human Modified: Yes
  • MLS Area Major: FB04 - Avenida Pescadora to S.Bd
  • Pets: No Approval Needed
  • Postal Code: 33931
  • Street Name: Estero
  • Street Number: 5503
  • Street Suffix: BLVD
  • Block: 4
  • Full Address: 5503 Estero BLVD
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Condo Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $7,208.18
  • Tax Year: 2021
  • Transfer Fee: $.00
Property
Lot Information
  • Development Name: GULF HEIGHTS
  • Number Of Buildings: 1
  • Parcel Number: 33-46-24-W1-00204.0140
  • Property Type: Residential Income
  • Section: 33
  • Lot Unit: 14
  • Source of Measure Lot Dimensions: Appraiser
  • Acres: 0.129
  • Lot Size Area: 0.129
  • Lot Size Dimensions: 45 x 125 x 45 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: GULF HEIGHTS BLK 4 PB 6 PG 39 LOT 14
Property and Assessments
  • Total Area: 3500.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Township: 46
  • Range: 24
  • Special Assessment: 0.00
  • Sub Condo Name: GULF HEIGHTS
  • Year Built Numeric: 1957
  • Property Sub Type Additional: Quadruplex
  • Zoning Code: TFC2
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • 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
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $224,000.00
  • Annual Net Operating Income: $175,000.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 4
  • Annual Expenses: $.00
  • Other Fee: $.00
  • Stories: 2.0
  • Units in Building: 4
Unit 1 Information
  • Monthly Gross Income: $4,666.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry Common,Open Lanai/Porch,
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 4666
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 900.0
Unit 2 Information
  • Monthly Gross Income: $4,666.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry Common,Open Lanai/Porch,
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 4666
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 700.0
Unit 3 Information
  • Monthly Gross Income: $4,666.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry Common,Open Lanai/Porch,
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 4666
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 900.0
Unit 4 Information
  • Monthly Gross Income: $4,666.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Laundry Common,Open Lanai/Porch,
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 4666
  • Unit Type Type: Item3Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1000.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Two Story
  • Association Amenities: Beach Rights, Beach Access
  • Boat Access: None
  • Canal Width: None
  • Construction: See Remarks, Wood Frame
  • Exterior Features: Deck, Patio
  • Exterior Features: Deck, Patio
  • Irrigation Source: None
  • Patio And Porch Features: Deck, Patio
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Quadruplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 5.0
  • Beds Total: 9
  • Cooling: Ceiling Fans, Window Units, Wall Units
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: See Remarks, Vinyl
  • Heating: Other
  • Interior Features: Other
  • Levels: Two
  • Window Features: Other
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 5503 Estero Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5503 Estero Boulevard

Taxable ValueLand$325,012Additions-Total$325,012
Tax Record2023$4,487 ($374 / month)
Home Facts
Beds5Total Finished SqFt2,960 SqFtAbove Grade Finished SqFt2,960 SqFtStories1Lot Size5,619 SqFtStyleResidentialYear Built1957ZoningTFC2CountyLEEAPN33-46-24-W1-00204.0140

Schools near 5503 Estero Boulevard

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 12
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Fort Myers Beach Elementary School
PublicPK to 5

Bonita Springs High School
Public1 to 12

Cypress Lake Middle School
Public6 to 8

Three Oaks Middle School
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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Similar Sold Homes

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Listing Courtesy of Premiere Plus Realty Company, Daniel Clarkston

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