218 Primo Dr, FORT MYERS BEACH, FL 33931
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- MLS#: 225055007 ( Residential Income )
- Street Address: 218 Primo Dr
- Viewed: 6
- Price: $1,950,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Canal Front, Navigable
- Year Built: 1978
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 4
- Full Baths: 3
- 1/2 Baths: 1
- Additional Information
- Geolocation: 26.4546 / -81.9525
- County: LEE
- City: FORT MYERS BEACH
- Zipcode: 33931
- Subdivision: Venetian Gardens
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DescriptionTap into a revenue rich retreat in the heart of Fort Myers Beachs hottest zone. Here for you is a canal front duplex that has already generated over $111,000 in revenue from January to June 2025not projected, but proven! Positioned just steps from Margaritaville, the future Arches, and the soon to reopen Whale Restaurant, this legal duplex delivers the rarest trifecta: location, lifestyle, and legitimate cash flow. This is not just a beach propertythis is a capital producing machine, camouflaged in island luxury. With four bedrooms, 3.5 baths, impact rated windows, upgraded kitchens and baths, LVP and tile flooring, and fresh coastal interiors, both units are fully turnkey. The layout is designed for ease; the finishes, for resilience; the ambiance, for repeat bookings. Outside, the resort style pool, spa, lush landscaping, and covered boathouse create a private waterfront haven, anchored by sweeping views and long term appeal. But what truly separates Primo Drive from ordinary STRs is momentum. $111K+ in gross revenue in the first six months alone. No guesswork. No lag time. Just velocity. Serious investors recognize signals like this. This north end income engine sits in one of the highest demand corridors on the island, where redevelopment is active, tourism is surging, and STR supply remains constrained. This is your foothold into an accelerating market, with a performing asset that pays for itself while appreciating in one of Floridas fastest recovering coastal zones
Property Location and Similar Properties
Features
Waterfront Description
- Canal Front
- Navigable
Association Amenities
- Beach Access
- Fishing Pier
Close Date
- 0000-00-00
Cooling
- Ceiling Fan(s)
- Central Electric
Exterior Features
- Storage
Fencing
- Fenced
Flooring
- Vinyl
Heating
- Central Electric
Lot Features
- Regular
Area Major
- VENETIAN GARDENS
Other Structures
- Boat House
- Storage
Parcel Number
- 19-46-24-W4-0060H.0120
Pets Allowed
- Yes
Pool Features
- Below Ground
Property Type
- Residential Income
Roof
- Metal
Style
- Two Story
- Duplex
Tax Year
- 2023
Water Source
- Central
Year Built
- 1978
Zoning Code
- RS-1