880 Buttonwood Drive, Unit AE

Fort Myers Beach, FL 33931

$1,900,000
Price
6
Beds
5
Baths
10,000 Sq. Ft.
$190 / Sq. Ft.
10,000
Sq. Ft.
$190
per Sq. Ft.

Description

Motivated seller wants an offer. This property is zoned for multifamily development with a maximum of 10 units. The existing structure consists of two
2-bedroom, 1-bathroom units measuring 1225 square feet each, two 1-bedroom, 1-bathroom units measuring 850 square feet each, and one
efficiency unit. Additionally, the building includes a laundry facility. The units have been mostly stripped and require finishing touches. Despite
this, the building remains sturdy and features a newer roof, making it
...Motivated seller wants an offer. This property is zoned for multifamily development with a maximum of 10 units. The existing structure consists of two
2-bedroom, 1-bathroom units measuring 1225 square feet each, two 1-bedroom, 1-bathroom units measuring 850 square feet each, and one
efficiency unit. Additionally, the building includes a laundry facility. The units have been mostly stripped and require finishing touches. Despite
this, the building remains sturdy and features a newer roof, making it suitable for restoration or a different purpose. Considering its zoning
designation for multifamily use and the surrounding properties, this property presents an excellent opportunity to serve as the anchoring point
for your new condo, hotel, or apartment project. As there are neighboring properties that can be acquired along with this one, you have the
potential to secure additional space for parking and any other land needs your project may require. Although the property did sustain wind and
hurricane damage during Hurricane Ian, it can be repaired and used as a rental property. At the same time, you work on putting together the
larger project if you so choose.
  1. Listed by Joe Wallace • Gulf Coast Realty LLC
  2. Listed by Jan Wallace • Gulf Coast Realty LLC

Property Details for 880 Buttonwood Drive, Unit AE

Development
SAN CARLOS ON THE GULF
Building Design
Quadraplex
Community Type
Gated
Waterfront
Yes
Waterfront Desc
Lake
Waterfront Desc
Lake
View
None/Other

Location

Listing Courtesy of Gulf Coast Realty LLC, Joe Wallace; Gulf Coast Realty LLC, Jan Wallace
Add your commute
LISTING UPDATED: 04/04/2024 12:27 PM

Property Details for 880 Buttonwood Drive, Unit AE

StatusActive
MLS #224024733
Days on Market50
Taxes$5,212 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.23 AC / 9,801 SF
CountyLee County

Location

Listing Courtesy of Gulf Coast Realty LLC, Joe Wallace; Gulf Coast Realty LLC, Jan Wallace
Add your commute

Building Information for 880 Buttonwood Drive, Unit AE

Stories2Residences4Year Built1975Building Size-Lot Size0.23 AC / 9,801 SF

Payment Calculator

$10,803 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 880 Buttonwood Drive, Unit AE

Summary
Location and General Information
  • City: FORT MYERS BEACH
  • Human Modified: Yes
  • Latitude: 26.46
  • Longitude: -81.95
  • MLS Area Major: FB06 - San Carlos Island
  • Pets: No Approval Needed
  • Postal Code: 33931
  • Road Responsibility: Public Maintained Road
  • Street Name: Buttonwood
  • Street Number: 880
  • Street Suffix: DR
  • Unit Number: A-E
  • Full Address: 880 Buttonwood DR A-E
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $5,211.93
  • Tax Year: 2022
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: SAN CARLOS ON THE GULF
  • Number Of Buildings: 1
  • Parcel Number: 24-46-23-01-00010.0120
  • Property Type: Residential Income
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.225
  • Lot Size Area: 0.225
  • Lot Size Dimensions: 71 x 140 x 71 x 140
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: SAN CARLOS ON THE GULF BLK 10 PB 4 PG 6 LOT 12
Property and Assessments
  • Total Area: 10000.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Special Assessment: 0.00
  • Sub Condo Name: SAN CARLOS ON THE GULF
  • Year Built Numeric: 1975
  • Property Sub Type Additional: Quadruplex
  • Zoning Code: IL
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: $.00
  • Golf Type: No Golf Available
  • Annual Net Operating Income: $10,000.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $10,000.00
  • Other Fee: $.00
  • Stories: 2.0
  • Units in Building: 4
Unit 1 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Description: Laundry Common,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Item4BedroomOrMore
  • Unit Type Num Full Baths: 4
  • Unit Type Num Half Baths: 0
  • Living Area: 5000.0
Unit 2 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Description: Laundry Common,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Item4BedroomOrMore
  • Unit Type Num Full Baths: 4
  • Unit Type Num Half Baths: 0
  • Living Area: 5000.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Two Story
  • Association Amenities: Beach Rights
  • Canal Width: None
  • Community Features: Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Privacy Wall
  • Exterior Features: Privacy Wall
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Built Up, Flat
  • Structure Type: Quadruplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 5.0
  • Beds Total: 6
  • Cooling: Other
  • Elevator Text Details: None
  • Flooring: Other
  • Heating: None
  • Heating: No
  • Interior Features: Other
  • Levels: Two
  • Window Features: Other
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 880 Buttonwood Drive, Unit AE

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 880 Buttonwood Drive, Unit AE

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
San Carlos Park Elementary School
PublicPK to 5

Villas Elementary School
PublicPK to 5

Tanglewood Elementary School
PublicPK to 5

Heights Elementary School
PublicPK to 5

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.

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880 Buttonwood Drive, Unit AE is a multi-family home for sale in Fort Myers Beach, FL 33931. This property was listed for sale on March 14, 2024 by Gulf Coast Realty LLC, it's currently listed at $1,900,000. This listing's school district is Lee. Nearby schools include San Carlos Park Elementary School, Villas Elementary School and Tanglewood Elementary School. 880 Buttonwood Drive, Unit AE is a 6-bed, 5-bath, 10,000 sqft multi-family home built in 1975.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 Gulf Coast Realty LLC, Joe Wallace; Gulf Coast Realty LLC, Jan Wallace

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 2024 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.