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600 Estero BLVD #502
FORT MYERS BEACH, FL 33931

$650,000

Beds: 2
Baths: 2
Sq. Ft.: 774
Type: Condo
Listing #224037113
Weekly Rentals allowed and (optional) on-site rental program for owners. DIRECT BEACHFRONT on the desirable North-end of the island with gulf front lanai and bay front views from the kitchen! 5th floor, 2BR, 2BA that was beautifully renovated just before hurricane Ian (sept 2022), including updated kitchen and bathrooms, "wood-look" tile flooring throughout flooring, new glass shower door. Fortunately the unit sustained Minimal damage, however the building is still a construction zone. Prior to Ian, these units were selling in the 800s (and grossing 70+ per year). This unit has been priced to allow the new owner to pay for future assessments while building equity. The new owner will also be able to take advantage of significant escalation in daily rental rates once the building is back on-line. Unit being sold "Turnkey" as seen. The building will have a new roof, new plumbing, new electric, new elevator, updated pool area with tiki hut, and a new community room. The unit has a new AC, new water heater (seller paid assessment), and impact doors and windows. Walking distance to Time Square for entertainment, shops, restaurants and Margaritaville. On-site laundry facility. PHOTOS Are Pre-Ian. Cash only.
Property Features
Location Information
County: Lee
Development: CANE PALM BEACH CONDO
MLS Area: FB01 - Bodwitch Pointe to Cresce
Community: Condo/Hotel
Latitude: 26.456592
Longitude: -81.961513
Subdivision: CANE PALM BEACH CONDO
Interior Features
Rooms: Screened Balcony
Interior: Walk-In Closet(s), Window Coverings
Dining Room Description: Dining - Living
Kitchen Description: Island
Heating: Central Electric
Cooling: Air Purifier, Ceiling Fan(s)
Floors: Tile
Equipment: Air Purifier
Total Number of Units: 38
Windows/Doors Description: Window Coverings
Exterior Features
Style: Stilts
Stories: 7
Construction: Concrete Block, Stucco
Exterior: Screened Balcony, Storage
Roof: Built-Up
Garage Description: 0, Common
Irrigation: Central
Pool Description: Community
Lot Description: Oversize
Lot Size in Acres: 0.13
Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Shutters
Rear Exposure: W
Waterfront Description: Gulf Frontage, On the Gulf Beach
View Description: Gulf, Pool/Club
Additional Information
Property Type: CND
Property SubType: Condo
Building Design: Mid Rise (4-7)
Year Built: 1978
Status: Active
Floor of Unit: 5
HOA Fee: $10,016
Additional Fees: Condo Fee: 2504, Condo Fee Frequency: Quarterly
Restrictions: Deeded
Pets: No
Boat Access: None
Amenities: Barbecue, Clubhouse, Common Laundry, Pool, Sidewalk
Maintenance: Laundry Facilities, Lawn/Land Maintenance, Manager, Rec Facilities, Repairs, Reserve, Trash Removal, Water
Tax Year: 2022
Tax Amount: $8,347

Listing Courtesy of: Keller Williams Realty Fort Myers and the Islands Co-listing agent:
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Southwest Florida data last updated at May 4, 2024 9:18 AM ET