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    123-125 Washington Ave Fort Myers Beach, FL 33931

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    For Sale
    $649,000

    Duplex near Fort Myers Beach, ideal for island living.

    Lot size:
    0.11 Acres

    Property Features for 123-125 Washington Ave

    General Information

    Lot size
    0.11 Acres
    Source: Elliman

    Listing Agent: Steve Boge

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Myers Beach Duplex Opportunity

    Located in Fort Myers Beach, the property at 123/125 Washington Ave presents an opportunity for island living. Prior to Hurricane Ian, the property was configured as a duplex. Situated mid-island, it is within walking distance of Fort Myers Beach. The property is suitable for weekly rentals, offering potential rental income.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Spa & Massage Nail Salon Clothing Store Gym & Fitness Accounting Firm Skin Care Clinic Kitchen & Bath Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers Beach
    County
    Lee
    State
    Florida
    Longitude
    -81.9325261
    Latitude
    26.4442749

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    FAQs

    What type of property is this?
    Duplex - Duplex near Fort Myers Beach, ideal for island living.
    Where is this duplex located?
    The property is located at 123-125 Washington Ave Fort Myers Beach, FL.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Short walk to Fort Myers Beach.; - Excellent opportunity to embrace the quintessential island lifestyle.; - Potential to maximize rental income with weekly rentals.
    (239) 994-2229
    Request Owner's contact information
    123-125 Washington Ave Fort Myers Beach, FL 33931
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    Fort Myers Beach, FL 33931
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123-125 Washington Ave Fort Myers Beach, FL 33931
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