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Canal-Access Duplex Rebuild
For Sale
$749,000

175 Tropical Shores Way, Fort Myers Beach, FL 33931

ResidentialIncome, Fort Myers Beach, FL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market265

Property Features for 175 Tropical Shores Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description TFC2
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Pets allowed Yes
Exterior features RoomForPool
Subdivision HILLS T.P.
Lot features Rectangular Lot, Dead End
Directions South on Estero Blvd. to left on Tropical Shores Way. Property is on the left.
Standard status Active
APN 19-46-24-W3-00451.0280
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HILLS T P SUBD PB 3 PG 84 PT LT 31 AKA LT 28 TROPICAL SHORES
Tax Annual Amount 8833
Legal Description HILLS T P SUBD PB 3 PG 84 PT LT 31 AKA LT 28 TROPICAL SHORES

Utilities

Sewer type Public Sewer
Water source Public
Water front features Canal Access, Seawall, Navigable Water
Water front 1

Building Details

Year built 1971
Number of units 2
Flooring type Concrete
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Century 21 Tri Power Realty · Century 21 Real Estate
Listed By: Jerry Haataja · License #258500147
Added: Jan 1 Changed: Sep 12 Last Checked: Sep 23 at 1:06AM
MLS# 2026000004

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Fort Myers Beach property includes a duplex structure from 1971 that is positioned for rebuilding. The existing configuration is identified with four bedrooms and four bathrooms, while concrete construction, stucco, a shingle roof, and concrete flooring are documented. The property also includes room for a pool and a seawall along the waterfront.

The 0.1768-acre parcel has canal access to navigable water and is served by public water and public sewer. Weekly vacation rentals are approved, and a transferable FEMA elevation grant covering 75% of the elevation work has been approved. The property is located at 175 Tropical Shores Way in Fort Myers Beach, Florida.

Key Highlights

  • Duplex structure positioned for rebuilding on a 0.1768‑acre parcel
  • Canal access with seawall and navigable water frontage
  • Transferable FEMA elevation grant approved for 75% of the work

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store HVAC Service Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

Demographics for 33931, FL

9,389
Population
14,561
Households
0.6
Avg Household Size
68
Median Age
37%
College-Educated
97%
High-School Grad
10.3 sq mi
ZIP Area
912
Density / Sq Mi
$80,438
Median Household Income
$38,723
Median Earnings
$1,500
Median Rent
$475,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex redevelopment opportunity with public utilities, navigable canal access, and approval for weekly vacation rentals.
Where is this duplex located?
The property is located at 175 Tropical Shores Way Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Duplex structure positioned for rebuilding on a 0.1768‑acre parcel; Canal access with seawall and navigable water frontage; Transferable FEMA elevation grant approved for 75% of the work
More about this property
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