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San Carlos Island Investment Opportunity

842 South Street Fort Myers Beach, FL 33931

842 South Street, Fort Myers Beach, FL, 33931
$744,900
For Sale
Claim this Listing
$744,900

MULTI_FAMILY - Other - Fort Myers Beach, FL

Lot Size0.23 Acres
AddedDec 18, 2025
Days on Market209
Last RefreshJul 15 at 7:06 am

Property Features for 842 South Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
Patio and Porch features
Patio
Pets allowed
Yes
Exterior features
Patio
Standard status
Active
APN
24-46-23-01-00006.0090
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
SAN CARLOS ON THE GULF BLK 6 PB 6 PG 6 LOT 9
Tax Annual Amount
10886

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public

Building Details

Year built
2006
Number of units
1
Flooring type
Laminate
Building materials
AluminumSiding, Stucco, WoodFrame
Roof type
Metal
Architectural style
Other

Listing agent Carolyn Caney License #258013069

Listing office Fort Myers Beach Realty 450 Old San Carlos Blvd. G-108, Fort Myers Beach, FL

Listing date Dec 18, 2025

MLS# 2025025290 Listing URL

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 multi-family property presents an investment opportunity on San Carlos Island, surrounded by high-value homes on the Bay. The location offers convenient access to Fort Myers Beach, with a walking distance of less than 10 minutes across the bridge. A new traffic light has been installed to improve safety when crossing to the beach. Each unit features its own ground-level entry, accessible from either the garage or the exterior. The property includes ample storage space and parking within the oversized garage. A new air conditioning system was installed after Hurricane Ian, and the raised units sustained no damage. Both units have been remodeled within the last five years and are in good condition. Additionally, there is an unfinished 2-bedroom, 1-bath unit at ground level in the rear, offering further rental potential. San Carlos Island provides various amenities, including restaurants such as Dixie Fish, Doc Fords, and the new Fish House, all within a short walking distance. The 0.231-acre lot is located in Fort Myers Beach, FL.

Key Highlights

  • Excellent investment opportunity in a desirable location on San Carlos Island, surrounded by high‑value homes.
  • Walking distance (less than 10 minutes) to Fort Myers Beach, enhanced by a new, safe traffic light.
  • Two remodeled units in great condition, plus an additional unfinished 2‑bedroom, 1‑bath unit for added rental income.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Edwards Sweet Tea Catering Service

Suggested Use

Electrical Service Auto Parts Store Plumbing Service Kitchen & Bath Showroom Law Firm Furniture & Home Goods Garden Center HVAC Service Nail Salon Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Multi-family property near Fort Myers Beach with rental potential.
Where is this multifamily property located?
The property is located at 842 South Street Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $744,900.
What are key features of this property?
This property features: Excellent investment opportunity in a desirable location on San Carlos Island, surrounded by high‑value homes.; Walking distance (less than 10 minutes) to Fort Myers Beach, enhanced by a new, safe traffic light.; Two remodeled units in great condition, plus an additional unfinished 2‑bedroom, 1‑bath unit for added rental income.
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