Residential > House
Active
06/19/2024
List Price
$850,000
229 Fairweather Ln
Fort Myers Beach, FL 33931
- 4Beds
- 4Baths
- 230ft²Living Area
- 4,443ft²Lot Size
- -Pool
- -Car
- 1965Year Built
- 230DOM
- 2Permits
229 Fairweather Ln, Fort Myers Beach, FL 33931 is a 4 bed, 4 bath, 230 ft² house built in 1965 on a 0.102 acre lot with 2 construction permits. This house is currently for sale for $850,000, and it was last sold in 2015 for $440,000. The latest TopHap estimate of the house's value is $721,339.
Property Valuations
Latest estimates for 229 Fairweather Ln based on TopHap automated valuation model (AVM).
TopHap Estimate
$721,339
$3,136/ft²
-$129K below List Price
Updated 6 months ago
229 Fairweather Ln is valued at $721,339 by TopHap AVM 6 months ago.
MLS Description
The listing agent's description. Original Listing
Price Improvement! This quadraplex has a productive history as a vacation rental and also as a long term rental investment. It is located in a weekly rental zone enhancing the investment opportunities. It has 4 recently renovated one-bedroom, one-bath units each with a full kitchen and a living and dining area. Recent renovations include 4 totally new bathrooms, 2 new kitchens and a new roof in 2017. The roof was unaffected by Ian as it was built with additional anchors at every foot to keep the structure secure. The hot water heaters are new and the first floor units have new wiring and plumbing. Floors throughout the 4 units are attractive ceramic tile. There is one parking space assigned for each apartment. The building also offers a common washer and dryer and a peaceful patio in a tropical backyard setting.
The location is ideal! It is a short leisurely walk to the beach. A beach access point is conveniently located approximately one block from the property. Access to Fort Myers Beach is open year-round from sunrise until past sunset. Guests will enjoy walking to Times Square and visiting a variety of shops and restaurants and a fishing pier. This property has a steady history of guests who have enjoyed fishing from the nearby pier or boating along the Gulf and stopping to dine at all the popular seafood restaurants. There are also parks in close proximity and many opportunities to travel to Sanibel and Captiva or take the jet powered catamarans from Fort Myers Beach to beautiful Key West. As a vacation rental the gross rent was $90,000 to $100,000 per year minus expenses for tourist tax and cleaning. The current income is from long term rentals with stable leases of $1600 monthly for each of three units and $1000 per month for the fourth tenant. There is $70,000 - $76,000 per year long term rental income. All 4 tenants would like to stay. If you are an investor looking for a steady income either as a long term or vacation rental asset this is the place for you. If you love the beach and all it has to offer, consider using one of the units for yourself and renting out the others for a steady and reliable profit. The first floor unit on the right will be available for initial tours. Once there is continued interest the others will be available. The two first floor units sustained some drywall damage from Milton. The affected drywall was removed the next day and has been replaced.
Listing Agents
The listing agent for 229 Fairweather Ln is Carol Hilleary.
CH
Carol Hilleary
Sellstate Priority Realty
License: 252012046
Phone: (239) 574-8888
Permits
229 Fairweather Ln has 2 permit records.
Permit History
2
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$6,373.39From latest Total Assessed Value1.52%Total Assessed Value$418,007=Land+
Assessed Value$289,372Additions
Assessed Value$128,635
In 2023, taxes billed for 229 Fairweather Ln were $6,373.39, which is 1.52% from latest Total Assessed Value of $418,007.
Property History
229 Fairweather Ln has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 229 Fairweather Ln
Hazard Risks
Hurricane542Weather380Tornado261Nat'l Avg100Particulates92Carb Mono91Ozone86Air Pollution84Lead53Earthquake13Hail11Wind8
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 229 Fairweather Ln.
Walkability Index
15 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
229 Fairweather Ln has a walkability score of 15 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
54°F
High
75°F
Summer
Average
Low
73°F
High
90°F
In the winter at 229 Fairweather Ln, temperatures range from 53.69°F to 74.63°F with an average of 64.16°F. In the summer, the temperature ranges from 72.91°F to 90.44°F with and average of 81.68°F.
School Information
Public/private schools serving 229 Fairweather Ln
Public Schools
Dunbar High School
Grades: 9-12
14.18 mi
F
South Fort Myers High School
Grades: 9-12
8.41 mi
D-
Three Oaks Middle School
Grades: 6-8
9.34 mi
C
Heights Elementary School
Grades: PK-5
4.92 mi
B
Fort Myers High School
Grades: 9-12
12.82 mi
B-
Fort Myers Middle School
Grades: 6-8
12.54 mi
F
Fort Myers Beach Elementary School
Grades: PK-5
0.45 mi
A+
Paul Laurence Dunbar Middle School
Grades: 6-8
12.91 mi
D
Cypress Lake Middle School
Grades: 6-8
6.93 mi
C
Cypress Lake High School
Grades: 9-12
6.67 mi
C-
Bonita Springs Middle School
Grades: 6-8
12.26 mi
C-
Estero High School
Grades: 9-12
9.46 mi
D
Lexington Middle School
Grades: 6-8
3.69 mi
D+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 229 Fairweather Ln have ratings undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Beach Estates, Fort Myers Beach, FL 33931.
Seasonal Housing units 33931
92%of housing is for seasonal rent.
Daytime Population for 33931
+31%of people during work hours.
Boundary map of Beach Estates.
Crime Index for 33931
171
171
The crime index in 33931 is 171, which is 1.7 times higher than national average.
Market Trends
Historical market data near 229 Fairweather Ln over selected time period.
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