Back to Search

San Carlos Island Investment Opportunity

842 South Street, Fort Myers Beach, FL 33931

View on Map

For Sale

$744,900

MULTI_FAMILY - Other - Fort Myers Beach, FL

Lot size:

0.23 Acres

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.
Each unit features ground‑level entry, accessible from the oversized garage or outside.
New air conditioning system installed post‑Ian, with no damage to the raised units during the hurricane.
Convenient access to San Carlos Island amenities, including restaurants like Dixie Fish, Doc Fords, and the new Fish House.

We can help!

Listing Contact

Carolyn Caney

For Sale

$744,900

MULTI_FAMILY - Other - Fort Myers Beach, FL

Lot size:

0.23 Acres

Added:: Dec 18, 2025
Days on Market:: 179
Last Refresh:: Jun 15 at 8:06 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

We can help!

Listing Contact

Carolyn Caney

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.

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.
Each unit features ground‑level entry, accessible from the oversized garage or outside.
New air conditioning system installed post‑Ian, with no damage to the raised units during the hurricane.
Convenient access to San Carlos Island amenities, including restaurants like Dixie Fish, Doc Fords, and the new Fish House.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Edwards Sweet Tea Catering Service

Suggested Use

Location Insight

Map
Local Demand

City: Fort Myers Beach
County: Lee
State: Florida
Longitude: -81.95284
Latitude: 26.463452

Nearby Similar for Sale

$5,799,000

14,000 SF

Freestanding Commercial Property on San Carlos

3. 5-acre commercial property with versatile retail/restaurant space.

17650 San Carlos Boulevard, Fort Myers Beach, FL 33931

View Details
$2,990,000

6,101 SF

Bayfront Duplex on Fort Myers Beach

Bayfront duplex with boating access and short walk to beach.

21500 - 21504 Indian Bayou Drive, Fort Myers Beach, FL 33931

View Details
$2,700,000

4,400 SF

Waterfront Duplex Paradise on Estero Bay

Waterfront duplex with custom upgrades, resort-style pool, and bayfront dock.

21510/21512 Indian Bayou Drive, Fort Myers Beach, FL 33931

View Details
$1,200,000

1,367 SF

Fort Myers Beach Duplex Opportunity

Income-generating duplex near beach, restaurants, and attractions.

412 Harbor Court, Fort Myers Beach, FL 33931

View Details
$3,900,000

Mixed-Use Redevelopment Site

Mixed-use redevelopment opportunity on a hard-corner site with visibility from Matanzas Bridge and approvals for resort and retail.

440 Old San Carlos Boulevard, Fort Myers Beach, FL 33931

View Details
$2,550,000

2,852 SF

Bayfront Home on Large Lot

Modern home with private dock and rental potential.

21520/522 Indian Bayou Drive, Fort Myers Beach, FL 33931

View Details
$684,000

Commercial Condo in Downtown Hub

Spacious ground floor unit in vibrant Fort Myers Beach.

450 Old San Carlos Boulevard, Fort Myers Beach, FL 33931

View Details
$995,000

Renovated Triplex Near Fort Myers Beach

Fully renovated triplex near the beach with income potential.

226 Fairweather Lane, Fort Myers Beach, FL 33931

View Details
$1,265,000

Prime Commercial Location, Fort Myers Beach

Move-in ready commercial property with unmatched exposure and high traffic.

19003 San Carlos Blvd, FORT MYERS BEACH, FL 33931

View Details
$1,179,000

Coastal Duplex with Premier Beach Location

Fort Myers Beach duplex with pool and income potential.

114 Lovers Ln lot: 2, FORT MYERS BEACH, FL 33931

View Details
$199,000

Deep-Water Boat Slip with Lift

55' boat slip with 30,000 lb lift included.

B24 4187 Bay Beach Lane, Fort Myers Beach, FL 33931

View Details
$999,500

Fort Myers Beach Duplex Investment

Duplex in Fort Myers Beach Weekly Rental District.

3188 Shell Mound Boulevard, Fort Myers Beach, FL 33931

View Details

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.

842 South Street, Fort Myers Beach, FL 33931

MULTI_FAMILY - Other - Fort Myers Beach, FL

Property Features for 842 South Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Commercial Property on San Carlos

Bayfront Duplex on Fort Myers Beach

Waterfront Duplex Paradise on Estero Bay

Fort Myers Beach Duplex Opportunity

Mixed-Use Redevelopment Site

Bayfront Home on Large Lot

Commercial Condo in Downtown Hub

Renovated Triplex Near Fort Myers Beach

Prime Commercial Location, Fort Myers Beach

Coastal Duplex with Premier Beach Location

Deep-Water Boat Slip with Lift

Fort Myers Beach Duplex Investment

FAQs

Create New Password